Sigma Ratings sponsors ACFCS's upcoming FinCrime virtual week
As a lead ACFCS conference sponsor, Sigma will host investigative workshops and meetings about its Terminal product which helps risk and...
As a lead ACFCS conference sponsor, Sigma will host investigative workshops and meetings about its Terminal product which helps risk and...
A good Bloomberg article on the origin and growth of Futu during COVID. Futu was founded by Tencent’s 18th employee who left to start the...
The FT explores a new breed of corporate consolidator which is preparing to swoop on UK pensions. Last month, UK regulators gave the...
Daniel Kjellén, Tink’s CEO, tells the FT that the company he co-founded in 2012 is aiming to be the “rails and brains” of open...
The aggregators are seeing early product-market-fit and will be able to capture significant value as the DeFi ecosystem grows.
Many aggregators are already emerging as leading DeFi projects, with decentralized finance management platform Instadapp now ranking as...…
Shopify announced this week that the gross merchandise volume (GMV) of goods trafficked on its website reached $30bn in the second...
The bank is working with the Singapore government to use face verification technology to sign up customers on its digital banking platform.
With Covid-19 accelerating take-up of digital banking, DBS is piloting the use of SingPass face verification technology as a way to...…
San Francisco based consumer fintech firm that closed a $241m funding round last month is to be granted national bank charter allowing...
US based new challenger bank with a focus on rewards associated with a debit card has launched publicly with an invite system.
Many challenger banks want to provide a simple banking experience for the underbanked. Point doesn’t have the same positioning. Creating...…
Users can now search and trade 2000+ tokens in Uniswap through portfolio company Dharma with zero gas fees. Dharma is the first mobile...
Investor interest in the fintech industry, which digitizes functions such as payments and lending, has exploded as consumers increasingly...
Austin based Joust, founded in 2017, marks ZenBusiness’ first acquisition. ZenBusiness offers an online platform for entrepreneurs to...
Spearheaded by portfolio company Minka, Transfiya, a new system system for instant P2P payments in Colombia, is quickly gaining strength.
Transfiya was released in the Colombian market at the end of 2019 with ACH Colombia. The application allows users to send money in...…
Rebel CEO & President of the Brazilian Association of Digital Credit - Rafael Pereira - shares perspectives on currently increasing...
The continued reflexive embrace of antitrust regulation is an original sin of the administrative state with vast, potentially destructive...
Continuous streams of stimulus and measures taken by policymakers to fight the economic downturn caused by pandemic will lead to a...
The enormous rally in Kodak shares has no end in sight, after the Trump administration announced the company will be transformed into a...
On August 11th, portfolio company Ocrolus will be hosting a virtual roundtable on how Covid-19 has acted as an accelerant into a new age...
Widespread lockdowns and health guidelines favouring the use of credit and debit payments over physical cash has hit the supply of coins...
The United States printed more money in June than in the first two centuries after its founding. Last month the U.S. budget deficit —...
Losses at Monzo rose to £113.8m from £47.1m in its latest annual report as it said coronavirus disruption had threatened its ability to...
São Paulo, Brazil based digital investment manager platform raised $11m in Series B funding led by Redpoint eventures.
“Today, the Brazilian market is more sophisticated, with a sharp drop in reliance on [a] fixed income and a rise in more financial...…
Berlin based automated bookkeeping software company raised €12m in Series B funding led by Viola Ventures and Rabo Frontier Ventures.
“Our machine-learning based technology disrupts a whole industry, in which the majority of tasks are still very manual,” adds Christian...…
San Mateo, California based small businesses 401(k) provider raised $80 million in Series D funding led by Generation and Greyhound Capital.
For the last three years, Guideline has doubled and CEO and Co-founder Kevin Busque expects that to continue this year despite the...…
In a blog post announcement, Visa said it has been working with Coinbase and Fold to “provide a bridge between digital currencies and...
Sezzle works in the buy now, pay later (BNPL) model, meaning it lets customers pay for items in installments over a period of weeks. With...
Seattle based digital remittance company raised $85m in new funding at a $1.5b valuation led by insider PayU, the fintech investment arm...
This transaction brings together two complementary, market-leading businesses combining world-class capabilities in consumer and small...
London based money transfer firm is now valued at $5b following a secondary share sale led by Lone Pine Capital and D1 Capital Partners,...
London based core banking platform raised $42m in Series B funding led by Eurazeo Growth.
“The prospect of transitioning to cloud native technology is now at the forefront of every major bank’s roadmap." Founder Paul Taylor...…
Mr Davies will take charge of business lending specialist Allica Bank late next month, subject to regulatory approval.
“In the aftermath of Covid, it’s such an important time for the UK small and medium-sized business market, and the chance to lead a newly...…
Hong Kong based cross-border remittances company raised $20m in Series B funding led by WI Harper Group.
EMQ’s technology is integrated by clients, including online banks digital wallets, e-commerce and merchant settlement providers and...…
London based AI platform and database for financial crime raised $50m in Series C financing led by Ontario Teachers’ Pension Plan Board.
“Detecting financial crime in billions of transactions that take place around the globe has become nearly impossible without the...…
San Francisco based provider of digital financial services targeting retirees raised $35m in Series B funding led by Khosla Ventures and...
Since it launched in 2016, India’s Unified Payments Interface has helped propel the growth of online payments in the country of 1.4b...
The growth equity firm known for investments in high-profile technology companies, is the latest investor to join the blank-check company...
Mill Valley, California based quantitative digital asset investment firm raises $4.2m in Seed funding led by Howard Morgan (co-founder of...
The data including names, emails, birth dates, addresses and phone numbers were obtained via the third party analytics platform provider...
Singapore based digital wealth management company raised $16m in Series C funding led by Square Peg.
Michele Ferrario, Co-founder and CEO says: “This new round of financing further strengthens StashAway’s balance sheet position, bringing...…
While the crisis may be causing a down round in terms of new funding in the space, it doesn’t seem to be slowing down mergers and...
The current DeFi movement is just the beginning of this wave of killer financial apps. As Ethereum powers this ecosystem it will...
Online notary platform Notarize integrates with Stripe Connect to give notaries tools to service some of the largest lenders, title...
India's YES bank offers over 60 financial products through the messaging app using a chatbot interface. The bot uses Microsoft's natural...
London based digital banking company raised additional $80m to extend its Series D to $580m at a valuation of $5.5b led by TCV.
The company says it’ll use the investment to add new features in the U.S. and roll out banking operations across Europe — you can expect...…
The FT explores the fascinating recent paper “The Murder-Suicide of the Rentier” which tries to untangle why risk-free interest rates...
Goldman suggests that more than a quarter of customers don’t plan to return to branch offices even after it is safe to do so.
Marcus, the online platform run by Talwar, provides savings accounts and personal loans, as well as a credit card in partnership with...…
Brian Brooks, the erstwhile chief legal officer at Coinbase is now the acting head of the US’s Office of the Comptroller of the Currency...
The state’s Department of Financial Services is working on three fintech and virtual currency initiatives designed to promote...
Nubank bought Durham, North Carolina-based Cognitect commenting that “At our current scale, there’s so much at stake that we thought we...
Lucas Vogelsang, CEO of Portfolio Company, Centrifuge, joins the Fintech Blueprint podcast to help define the defining characteristics of...
GPT-3 went viral among entrepreneurs and investors, who excitedly took to Twitter to share and discuss results from prodding GPT-3 to...
GPT-3 is the most powerful language model ever built. This is due more than anything to its size: the model has a whopping 175 billion...
At 175b parameters it’s the largest of its kind. And with a memory size exceeding 350GB, it’s one of the priciest, costing an...
Social media is awash with people talking about a new piece of software called GPT-3, which is a language-generation tool capable of...
Congratulations to portfolio company Ocrolus, which was featured in Business Insider's list of breakout B2B stars. While responses were...
Unicomer Group is rolling out a fintech service, offering QR payments and point of sale credits, and aims to scale it across more than 20...
The plans are coming together as a host of other venture capital firms consider forming SPACs or pushing their start-ups into deals with...
Despite that, "Buy now, pay later service" Klarna is said to have seen a boom in business during Britain's lockdown.
"We saw our volumes increase during that period just reflecting the increase in digital transactions generally," Luke Griffiths, Klarna's...…
London and Athens based money management app raised a further $10m in funding, led by Japan’s Global Brain and the European Bank for...
London based alternative lender which provides credit to business borrowers raised £12m in Series A funding led by GFC and Picus Capital.
Co-founder Hubert Fenwick, says: “Homeowners deserve to be able to unlock the value tied up in the home they’ve worked so hard for, both...…
At checkout, approved Shop Pay customers will be able to split their total purchase amount into four equal, bi-weekly, interest-free...
This move marks the American giant’s first foray into this financial services category globally. The e-commerce giant said it had inked a...
Columbus, Ohio based home and auto insurance startup raised $24m in Series A funding led by Greycroft and HSCM Bermuda.
"Branch is on a mission to make home and car insurance less expensive for all, enabling more of us to be financially protected from...…
Munich based retail investment platform raised €50m in Series D funding from BlackRock, HV Holtzbrinck Ventures and Tengelmann Ventures.
“In times of Covid-19, our funding round is a powerful signal; it shows that our focused, digital business model is convincing the...…
Credit unions continue to drive modernization efforts, often with a focus on their growing business member segment, and often with a...
Chinese fintech giant Lufax, backed by Ping An, is targeting to raise at least $3bn in a U.S. initial public offering, according to...
In November last year, a U.K. waitlist was opened, garnering 250,000 signups. That’s now in vain, with Robinhood shutting down the U.K....
San Francisco based health insurance carrier raised $4m in Seed funding led by Blumberg Capital to advance its tech platform.
“The startup demographic is the most progressive for the adoption of technology and expects a better experience, especially for health...…
San Francisco based social finance app raised $10m in Seed funding led by Saama Capital, Greycroft, Monashees and Sierra Ventures.
“We worked with Evan Spiegel at Snap for a few years building out a lot of products,” Madeira said. “After the IPO, we wanted time to...…
Palo Alto based home insurance startup raised $150m in Series E funding at a $1.5 billion valuation. New investors Dragoneer and Ribbit...
After years of foot-dragging, many big banks have been abandoning their cautious approach to cloud-based services and signing up with...
India based lending marketplace and digital insurer backed by SoftBank Vision Fund aims to go public in 2021 at a valuation north of...
Ant didn’t give a time frame for its IPOs or a fundraising target, but a person familiar with the matter said the company is aiming for a...
Amid COVID-19 and broader market turbulence, the commitment of more than $100m demonstrates strong support for commercial solar projects....
The biggest U.S. banks are done reporting second-quarter earnings, and the message to congressional leadership is clear: Congratulations,...
Frenzied trading around the coronavirus crisis has boosted markets revenues, while Goldman and Morgan Stanley have also profited from...
The incoming heirs of dynasties prioritize financial returns over sustainable, do-good strategies just as much as the previous generation...
First it was toilet paper and face masks, then it was meat. The latest shortage caused by the coronavirus pandemic? Pocket change....
Google said on Monday that it plans to invest $10b in India over next 5-7 years as the search giant looks to help accelerate adoption of...
A good read from the FT on how this crisis has left us so distracted and disoriented that our defences are down, even as we depend more...
A campaign of rate cuts by the central bank on top of Putin announcing a 13% tax on interest from all bank deposits over $14,000 has...
This announcement marks Lemonade's entry into a new vertical of insurance for the first time since it launched its renters/home owners...
The emergence of players such as Libra has thrown into relief how slow, expensive and unreliable traditional cross-border payments can...
Banco Santander is to hire 300 IT professionals to work on digital applications at a new innovation hub in Brazil.
The new location will complement the bank's existing IT facilities at the Geração Digital hub in São Paulo, and the Campinas Data Centre...…
London based company using machine learning to help companies fight fraud when accepting online payments raised $20m in Series C funding,...
U.K. based savings and investment app raised £30m in Series C funding led by Eight Roads and CNP.
Launched in 2016, Moneybox began life as a way for users to invest the spare change from daily card purchases into a Stocks & Shares ISA....…
In the previous year, the European Commission had opened a consultation regarding the regulation of cryptocurrencies and digital...
Americans have been hoarding cash during the pandemic, presenting the Federal Reserve with an expensive challenge. Cash use at the till...
Morgan Stanley and Bank of America highlighted the two big themes that dominated US banks’ earnings season this week, as the former swept...
The major online brokers — Charles Schwab, TD Ameritrade, E-Trade and Robinhood — have seen new accounts and trading activity surge this...
The transaction for the open banking platform comes on the back of a €90m financing round in January and the acquisition in March of...
The flagship feature of Monzo Plus, priced at £5/month with a 3-month minimum term, is deep open banking integration with other bank and...
San Francisco based provider of anti-money laundering (AML) compliance technology raised $8.2m in Series A funding led by Flourish...
U.K. based digital insurance app, has been acquired by incumbent Direct Line Group and the transaction is expected to formally close...
The majority of its users came from China, while the rest were brought in by its nine e-wallet partners in India, Thailand, South Korea,...
Congratulations to portfolio company MoneyLion, the award-winning consumer digital finance platform, which announced the launch of...
The Global Fintech Index throws some surprising results: nearly half the world’s biggest global financial centres drop out of the top 20...
San Francisco based enterprise-grade financial technology platform streamlining the integration between brands and banks raised $32m in...
Berlin based productivity platform for spreadsheets raised €5m in Seed funding led by Index Ventures.
“We believe this is a pretty big [opportunity],” Schünemann tells TechCrunch. “Why because back in 2018 when we did our first research we...…
Chicago based digital asset insurance company raised $2.8m in Seed funding led by Morgan Creek.
J Gdanski, CEO and Founder of Evertas, said: “We believe we are the only company in the world focused solely on providing insurance...…
New York based virtual card payment startup raised $10.2m in Series A funding led by Teamworthy Ventures.
Privacy.com’s chief executive Bo Jiang told TechCrunch that the new funds will help the company launch its new Card Issuing API — in beta...…
Goldman is considered to be in a better position than larger commercial banks to weather at least this leg of the crisis. Without a big...
The pain was partly cushioned by a boom in trading, with JPMorgan fixed-income trading revenues surging 99 per cent. Fixed income trading...
Swiss based digital asset infrastructure startup raised $17m in Series A funding led by Giesecke+Devrient.
The firm has built up a roster of Tier 1 and Tier 2 bank implementations including at Finma, BaFin, Banco de España, ECB, and MAS...…
Installment payments are popular with millennial customers and is a fast-growing sector.
The firm is now getting ready to pilot an offering that lets eligible customers pay in instalments by simply using their existing Visa...…
The new service, called Barclays Plan & Invest and developed in collaboration with Scalable Capital, will create a personalised...
Nigeria based e-commerce startup which connects international brands to small businesses in Africa raised $10m in pre-Series B funding...
Global financial transfers were well over $20t in 2019 and are expected to hit $30t by 2022. Improving cost, speed and reliability of...
New York based creator of open source DAML smart contract language raised an undisclosed amount from VMware as part of its Series C round.
“Digital Asset’s partnership with VMware provides a truly enterprise grade blockchain offering that meets the requirements of even the...…
Brazil based digital brokerage raised $22.2m in Series B funding led by QED Investors to further improve the platform and customer...
San Francisco based no-fee digital brokerage raised $320m in Series F funding from new and existing investors including TSG Consumer...
London based banking alternative raised £15m in new funding led by Milaya Capital.
Yasam Ayavefe, founder and CEO of Milaya Capital added, “I am always on the lookout for the next big thing in the world of technology,...…
Portfolio company Ocrolus stands out via its ability to automate the classification and extraction of data from documents required to...
A clutch of global investors is throwing its weight behind a financial-technology upstart that facilitates payments between companies and...
Merchants have seen a lot of browsing by John Smith, who picks up items ranging from a replacement turn-signal lever from an auto-supply...
San Francisco based B2B payments platform raised $60 million in funding led by the Ping An Global Voyager Fund.
The proceeds from the fundraising round will be used to expand globally and introduce new products, Mr. Bru said in an interview. Ping An...…
With the acquisition of AB Fjord Bank, Opera will become the owner of a fully digital consumer bank, which is launching its first deposit...
San Francisco based automated data platform for startups and investors raised $5.8m in Seed funding led by 8VC.
Let’s head back to the product though. Quaestor connects founders, company executives and investors all together to discuss a business...…
London based open banking platform Railsbank has launched in the US, introducing a first-of-its-kind Credit Card as a Service (CCaaS)...
California based Marqeta is gunning for the centre of a multi-trillion dollar card issuing market that is changing fast as new entrants...
Fintech company SoFi has filed an application for a national bank charter with the Office of the Comptroller of the Currency (OCC). The...
Asset managers are gearing up for a battle with the Trump administration over a new proposal that threatens investors’ ability to...
Deleware based digital banking platform for financial institutions raised $20m in financing co-led by Live Oak Bank and First Data.
"Live Oak and Apiture are fortunate to have been joined by partners that share our vision for Apiture and our enthusiasm for changing...…
London based digital will platform raised $25m in Series B financing led by Highland Europe.
“We want to help by destigmatising death,” said Farewill CEO Dan Garrett in an interview about the complexity of the proposition. “We all...…
London based open banking platform Credit Card as a Service (CCaaS) is launching in the US. Railsbank will sell to fintech startups and...
Headquartered in Oslo, Opera has a user base of more than 50m MAUs in Europe and 360m worldwide is looking to expand into financial...
Spain's Sabadell is preparing to use messaging app WhatsApp to deliver home insurance services.
The bank, through its broker Bansabadell Mediación and its insurance subsidiary Bansabadell Seguros Generales, is piloting the service...…
As IPO season continues, nCino filed an updated S-1 filing, providing an initial price range for its equity of $22-24 per share.
Regardless of where nCino priced toward the end of its life as a private company, its IPO is a likely win for both Salesforce and Insight...…
Johnston, Iowa based provider of fintech products for farmers raised $40m in Series B funding led by S2G Ventures, Cox Enterprises,...
London based decentralized finance protocol raised $4.1m in new funding led by LocalGlobe and Taavet Hinrikus (TransferWise).
Radix is “not trying to be a general purpose platform,” says CEO Piers Ridyard. “Decentralised finance, and by extension, the financial...…
New York based employee benefits management startup raised $2.7m in Seed funding led by Social Leverage.
“The greatest challenge is educating an entire ecosystem and convincing that ecosystem to believe that where the consumer wins, everyone...…
First Tik Toker's hoodwinked President Trump into thinking his rally would be full, and now they are coalescing to pump Dogecoin (a...
Chatter is that the company's first ever investor day is a preview for a potential direct listing later this year. Its Series E...
Allstate says the all-cash deal will help increase its business in the personal property-liability market.
Under the deal, shareholders of National General NGHC, a New York-based specialty personal-lines insurer, will receive a total of $34.50...…
Toronto based fintech startup using artificial intelligence to provide financial institutions with recommendations on how to strengthen...
The digital currency exchange company is the latest mega-startup that may approach the public markets, which could happen as early as...
Five years after China’s last big equity boom ended in tears, signs of euphoria among the nation’s investing masses are popping up...
Portfolio company Vestwell has a new partnership with Pensionmark. Together, their offering combines a high-tech solution with plan...
Ant Group, the fintech arm of Chinese e-commerce giant Alibaba, plans a Hong Kong float as soon as this year. Although valued at about...
The Chinese real-estate brokerage with an online tool to match buyers and sellers, as sites like Zillow and Redfin do in the U.S., is...
Brazil based startup focused on helping financial institutions create internal financial technology offerings raised $3.3m in Seed...
Dubai based real estate tech startup raised $4m in Seed funding led by Comcast Ventures.
“If you go onto Zillow, you have perfect clarity about what your home transacted for, all of the listings are real and there are no...…
London based algorithmic liquidity provider for digital assets raised $2.8m in Series A funding led by Lightspeed Venture Partners.
“We made a deliberate decision to be a technology company, not a financial services one, and it’s our tech-first approach that enables us...…
Swipe offers a Visa debit card service allowing users to buy and sell using cryptocurrencies. The platform works by converting crypto...
China’s government is pushing ahead with a digital currency which could give the government more control over the flow of money. While...
Montreal based data aggregation startup Flinks raised $11m in Series A funding led by NAventures, the VC arm of National Bank of...
London based platform for employees to access their wages raised £20m in Series B funding led by Northzone.
Peter Briffett, CEO and Co-Founder, Wagestream, says: “Where people work and how they work is changing by the day, all the more so since...…
The solution, to be created by the European Payments Initiative (EPI), will challenge the dominance held by US card issuer giants...
The domestic payments startup is once again in the market looking for buyers after its promoters attempted to sell it unsuccessfully two...
Indonesia based network of consumer-facing financial agents raised $53m in Series B financing led by B Capital and Insignia Ventures...
Bankers are tightening lending standards and looking for new data, like that provided by portfolio company Plaid, to help them figure out...
Portfolio company TradeBlock released a report examining the DeFi space, yield farming, and in particular the possible value capture of...
Portfolio company Antler's CEO - Magnus Grimeland - featured as Antler approaches its first Southeast Asia Virtual Demo Day on July...
Lemonade CEO commented in the FT that the firm had deliberately floated at an earlier stage than many other tech companies. He...
Covid means Japan can’t host the Olympics this year, but this is a fine lockdown consolation prize! The great processing might of...
Genstar Capital will invest in the combined business, as will Orion’s existing financial partner, global growth private equity firm TA...
According to a new industry report, by using digital platforms to deliver advice at scale, firms can convert a service they have already...
New York based AI-powered capital-as-a-service platform raised $9m in Seed-extension financing led by AME Cloud Ventures.
“A tech company does not instantly mean a risky company these days,” said Silverberg. “It’s fascinating to us that tech companies have...…
Sweden based freelancers banking and payments platform raised $3m in Seed funding led by EQT Ventures.
“The payment process between freelancers and corporations is completely broken,” says co-founder and CEO Kristofer Sommestad. “It’s built...…
Germany based banking-as-a-service platform raised $67.5m in Series C funding led by HV Holtzbrinck Ventures at a $360m valuation.
solarisBank’s vision could be summed up in two words — regulation and modularity. The company is a fully licensed bank, which means that...…
New York based digital asset wallet and infrastructure startup raised $23m in Series A funding led by CommerzVentures.
“Few areas within fintech are as exciting as digital assets,” said Stefan Tirtey, managing partner at CommerzVentures, in a written...…
The deal is a likely win for Personal Capital. According to Forbes, the firm was worth $660m around the time of its Series F round of...
Mobile-payments app announced it’s piloting a new feature which offers small sellers and other sole proprietors the opportunity to have a...
The California Consumer Privacy Act of 2018 took effect in January, and starting Wednesday, the state's attorney general can fine...
Modernized U.S.-Mexico-Canada trade pact took effect on Wednesday, ensuring continuity for manufacturers and agriculture, but the threat...
Senate voted Tuesday evening to extend a federal loan program by five additional weeks, a surprise move that would allow small businesses...
Mexico City based HR software and payroll platform for SMEs raised $3m in Seed funding led by QED Investors.
Lauren Connolley Morton, Partner at QED Investors, said, "We’ve invested in HR technology companies worldwide, and we’re convinced that...…
The joint venture announced by Rappi and Banorte is on a hiring spree and working to roll out its first financial product by late September.
The company hopes to develop a range of highly innovative financial services that combine intuitive UX and a strong value proposition,...…
The deal will add to the bank’s fintech ecosystem and will support SocGen’s small business and entrepreneur customers. According to...
Atlanta based insurtech startup that uses AI and machine learning to help small businesses customize commercial insurance bundles raised...
Some specialty finance companies that lend to midsize businesses are confronting the threat of a funding squeeze just as the coronavirus...
Chime wanted to develop a new kind of credit card experience due the growing popularity of debit cards in the U.S. In 2018, the U.S....
Financial services companies are becoming hooked on artificial intelligence, using it to automate menial tasks, analyze data, improve...
In 2018, the London based fintech made a deeper push into banking by offering a "borderless" multi-currency account tied to a debit card....
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