Tag: technology in finance

Deutsche Bank backs London FinTech Abound with £250m

London-based FinTech company, Abound, has recently fortified its financial structure with a substantial £250m financing deal secured from Deutsche Bank. According to UKTN, this fresh...

Goals-based planning: unlocking financial wellbeing in a fast-paced world

In a world shaped by rapid changes and economic uncertainties, financial wellbeing has become essential to overall health and happiness. Recent events, including the...

Pagaya upsizes exchangeable senior notes offering to $140m

Pagaya Technologies, a global FinTech firm known for its AI-driven product solutions, announced today that it has successfully priced an offering of $140m in exchangeable senior notes due 2029.

FlexiLoans bags $34.5m for empowering MSMEs in tier 2 and Tier...

FlexiLoans, an innovator in India's digital lending space, has announced a successful equity raise of $34.5m in its latest Series C funding round.

Exploring the perpetual KYC model: Advantages and hurdles in crime prevention

In the financial sector, the introduction of perpetual Know Your Customer (pKYC) practices marks a significant pivot from traditional methods such as KYC. According to...

FinTech Wales partners with Future Finance to boost UK financial inclusion

FinTech Wales and Future Finance, two prominent entities in the UK's financial sector, have unveiled their collaboration. 

The impact of AI on enhancing AML/KYC effectiveness

AI is progressively transforming the landscape of AML and KYC within financial institutions, aiming to amplify their efficiency, efficacy, and scale.

Wealthify revolutionises FinTech with new in-house developed platform

Wealthify, a distinguished player in the savings and investment sector, has introduced its advanced proprietary platform, marking a significant leap in its technical and...

Navigating risks in wealth management: A balanced approach

Wealth management is not just about augmenting capital—it’s equally about safeguarding it. In an era where market fluctuations can be swift and severe, the essence of wealth management lies in its dual approach: growth and security. This balance is maintained through meticulous risk management strategies, which play a pivotal role in helping clients achieve their financial goals while minimizing potential risks.

AI-powered FinTech firm Brightwave secures $6m in seed investment

Brightwave, the AI-driven FinTech company specialising in financial research, has successfully closed a seed funding round of $6m.

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