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.
Alternative Investments
09/12/2023
European Fintech Funding Falls as Lay-Offs Predicted to Continue; Finch Capital Reveals
Meanwhile, seed rounds continued to attract funding, but companies in the Series A to C stages were squeezed the most.
09/11/2023
Capgemini to acquire FCC Division of Exiger
This acquisition will strengthen the Group’s offerings in financial crime, risk management and regulatory compliance services.
09/07/2023
Insurtech receives funding for AI projects
The Insurtech has already received orders with an expected turnover of 1 million euros for 2024.
09/07/2023
French 'superangel' Founders Future launches €150m fund for climate and AI startups
With a strong emphasis on impact-driven ventures, the fund plans to support companies from pre-seed to Series A
09/07/2023
BBVA reaches $45 million investment in climate change fund Lowercarbon
For BBVA, sustainability is a business opportunity.
09/06/2023
FIA Tech Trade Data Network now connected to Singapore Exchange
The TDN initiative currently includes 16 banks/brokers and 50 investment managers and hedge funds with combined assets under management of over $37 trillion.
08/31/2023
JPMorgan boosts its stake in Brazilian FinTech C6 Bank to 46%
This growth was coupled with an introduction of various financial products to their portfolio, notably including auto loans.
08/29/2023
Meet Bloom Money: revolutionising fintech for immigrant communities
Bloom Money CEO Nina Mohanty sat down with AltFi to discuss beta launching a fintech for underserved immigrant communities and being the pacemaker for traditional institutions
08/25/2023
Pi-xcels secures $1.7m in funding for interactive e-receipt technology
The round marks a momentous step towards realising Pi-xcels’ vision of revolutionising the retail landscape and empowering merchants with its interactive Near Field Communication (NFC) receipt technology.
08/25/2023
Auxmoney makes first acquisition with Lender & Spender stake
Auxmoney’s international expansion has moved up a gear with the purchase of the Dutch credit marketplace Lender & Spender.
08/25/2023
Citi invests in Peruvian FX fintech Rextie
The investment will also see Citi’s FX technology integrated into Rextie’s currency exchange services.
08/25/2023
HSBC expands venture debt unit
Banking giant HSBC has been expanding into the venture-backed startup and scaleup market in 2023.
08/24/2023
The trader’s treasure trove: Unlocking wealth in volatile markets
In the current economic climate, the markets are incredibly volatile, creating high levels of risk and uncertainty for investors.
08/23/2023
Majority set to increase DeFi investment engagement, Nickel Digital research says
A further 23 per cent reported that such investments are becoming much more attractive.
08/23/2023
Ramp raises $300m in series D funding, valuation plunges by 28%
Financing co-led by Thrive Capital and Sands Capital, with participation from General Catalyst, Founders Fund, and other existing investors
08/16/2023
Fintech Growth Fund launches to fill £2bn funding gap
Acting on recommendations laid out in the Kalifa Review in 2021, the new fund is targeting Series B to pre-IPO fintechs
08/15/2023
InsurTech SureIn seals €4 million seed round
Previous investors of SureIn also include Arc, Sequoia Capital’s pre-seed and seed stage catalyst and Atlantic Labs.
08/10/2023
Shariah-compliant investment platform Mnaara raises pre-seed funds
Financial guidelines are also followed with respect to using excessive leverage and financial derivatives.
08/10/2023
SS&C Blue Prism Named a Gartner® Magic Quadrant™ RPA Leader for Fifth Year Running
The SS&C Blue Prism Intelligent Automation platform delivers visibility, orchestration and control mechanisms to help enterprises manage the workforce and end-to-end processes.