Tag: global financial services
FinTech giant Acrisure secures $2.1bn funding led by Bain Capital
Acrisure, a global FinTech company delivering tech-powered financial services to businesses and individuals, has raised $2.1bn through a new issuance of convertible senior preferred stock.
WealthTech firm Addepar raises $230m in Series G to support global...
Addepar, a global technology and data platform used by investment professionals, has secured $230m in a Series G funding round that values the company at $3.25bn.
Revolut surpasses 50 million global customers, aims for 100m milestone
Revolut, the UK-based FinTech giant and licensed European bank, has announced a major milestone, reaching 50m customers globally. Of these, 10m are based in the UK, solidifying the company’s position as a leader in digital banking.
BNY partners with Kanexa to revolutionise open account automation
BNY, The Bank of New York Mellon Corporation, is a powerhouse in global financial services, while Kanexa stands as a leading figure in automation solutions.
Zenus and Tuum join forces to democratize global access to US...
Zenus Bank, a pioneering entity in Banking-as-a-Service (BaaS), collaborates with Tuum, a next-generation core banking provider. This partnership is set to democratize access to U.S....
FinTech revenues predicted to reach $1.5trn by 2030
FinTech revenues are set to grow sixfold from $245bn to $1.5trn by 2030, according to a report from Boston Consulting Group (BCG) and QED Investors. The report suggests that the FinTech sector, which currently holds a 2% share of the $12.5trn in global financial services revenue, is estimated to grow up to 7%.
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