Tag: Neobanks

Stablecoin platform Utila bags $22m in Series A extension round

Utila, a digital asset operations platform founded in 2022 by Bentzi Rabi and Sam Eiderman, has rapidly emerged as a leading provider of enterprise-grade infrastructure for institutions adopting stablecoins.

Aquanow and SGB link banking with digital assets

Aquanow has entered into a strategic partnership with SGB, a digital bank licensed and regulated by the Central Bank of Bahrain (CBB), to enhance...

Should wealth managers support retail investors?

WealthTech has helped to democratise the world of investing. What was once locked off to the wealthy has now been made more accessible with some providers enabling investments from as little as $1.

Compliance costs mount for small financial firms

Smaller financial institutions are facing mounting structural challenges in meeting anti-money laundering (AML) requirements, despite being held to the same regulatory standards as their...

Are neobanks a rising competitor to wealth management? 

The global neobanking market was valued at $143.2bn in 2024 and is expected to reach $3.4trn by 2032, according to Fortune Business Insights. While this will bring more competition for the digital banking sector, wealth management could also be impacted.

NextGen RegTech: The solution to DeFi compliance gaps

Traditional retail banks are under pressure as FinTechs and neobanks continue to draw customers away with faster, more intuitive digital services. Built on flexible,...

Brazil cemented its LATAM FinTech market leadership securing 40% of top...

Key LATAM FinTech investment stats for Q1 2025: LATAM FinTech funding dropped by 52% YoY in Q1 Brazil reinforced its leadership in the LATAM...

Dinari raises $12.7m to bring US stock market access onchain for...

Dinari, a FinTech firm focused on enabling global access to U.S. equities through blockchain-based technology, has announced a $12.7m Series A funding round.

GxS secured the biggest Singaporean FinTech deal in 2024 as funding...

Key Singaporean FinTech investment stats in 2024: Singaporean FinTech funding dropped by 57% YoY in 2024 Average deal value decreased by 17% to $18m...

FinScan enhances payment screening for faster, safer transactions

FinScan, an anti-money laundering (AML) compliance solution from Innovative Systems, has enhanced its payment screening solution, FinScan Payments, to accelerate transaction workflows while strengthening...

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