10/16/2023
Online mortgage broker Habito turned its first monthly profit in September
CEO Ying Tan said he is “ecstatic” at the news and that the foundation of Habito’s business is “extremely solid”
Alternative Investments
10/16/2023
Investing app Stash raises $40m
Butte joins with a track record of taking companies public as director, advisor, and CFO, including the Nyse IPO.
10/12/2023
Zilch Up launches to help credit invisible customers build their financial futures
Zilch Up is starting with credit limits as low as £50
10/11/2023
Digitalisation drives innovation and new risks in insurance industry: Swiss Re
Insurers aim to achieve a 3–8 percentage point improvement in loss ratios and 10–20% cost savings across the value chain through digital transformation.
10/10/2023
Sopra Banking Software ships cloud-native core banking platform
The fully redeveloped cloud-native platform is a significant milestone for SBS’s large customer base
10/06/2023
Modern Treasury joins JP Morgan payments partner network
Modern Treasury’s participation in the Payments Partner Network is the next step in four years of collaboration
10/06/2023
UK fintech Wagestream snaps up credit card challenger Keebo
Vanaselja says the move will enable the company to “bring our solution to even more people”, particularly the 3 million frontline workers currently using the Wagestream app.
10/05/2023
British Business Bank launches £150m investment fund for Scotland small businesses
This marks the second of six nations and regions investment funds across the UK, totalling £1.6bn
10/05/2023
Lydia partners with insurtech Qover to offer premium travel insurance
The French fintech is aiming to “redefine” how consumers use insurance with a seamlessly embedded solution
10/02/2023
Mexican neobank albo secures $40m Series C
The challenger says the funding puts it on track to hit profitable by 2024
10/02/2023
SS&C Completes Acquisition of Iress' Managed Funds Administration Business
We look forward to working with the MFA team to enhance our services in Australia and deliver solutions to this growing market.
09/29/2023
Fireblocks completes BlockFold acquisition
BCG projects that the tokenization of financial assets on the blockchain will grow into a $16 trillion market by 2030 and will represent 10% of all financial assets.
09/27/2023
Raisin reaches €50bn AuM milestone and appoints former Bundesbank president Axel Weber to its board
Customers have earned €1bn in interest since Raisin was founded in 2012
09/25/2023
CoinShares establishes hedge fund division
Our products focus on delivering a premium experience to our investors
09/22/2023
London & Capital Partners with Addepar to Deliver Tailored Investment Management and Reporting on a Global Scale
Partnership combines London & Capital's global and strategic investment mindset with Addepar's best-in-class technology foundation and data network to power their technology stack
09/19/2023
Introducing The London Institute of Banking & Finances’ new FinTech glossary
To support those working - or aspiring to work in the FinTech sector - to demystify jargon and simplify cutting-edge concepts in the MENA region
09/19/2023
HyperJar secures $24m Series A for money management app
Helping users organise their money with a series of “digital jam jars”, the fintech plans to expand internationally with the new funds
09/15/2023
Four new funds added to TILLIT platform
The latest additions provide our clients with a wider range of investment options empowering them to stay in control of their portfolio
09/13/2023
Saudi Venture Capital invests $5m in VentureSouq FinTech fund
FinTech continues to be one of the largest, most dynamic and most consequential spheres of innovation in the world.
09/12/2023
Monzo launches investments for its 8 million customers through BlackRock deal
Neobank Monzo has long been plotting its move into the lucrative wealth market.