Managers of Wealth Fintech

UK fintech funding slumps by eight percent

London firms attracted the lion’s share of the investment with $10.2bn invested in 2022, down only five per cent from 2021 amid a sharp global slump.

Tanzanian money remittance app Nala launches in the EU

Nala was founded by and is led by Benjamin Fernandes

Accenture completes acquisition of Inspirage, expanding digital supply chain capabilities

Technology is at the core of change today, and Accenture is one of the world’s leaders in helping drive that change with strong ecosystem relationships.

From neo-banks to digital lending platforms, a slew of technology innovations are reshaping financial services.

The rollout of 5G and the growth in technologies like AI, machine learning, Web 3.0 and Metaverse will further strengthen the Indian FinTech market this year.

LHV UK selects Jaywing to boost cloud data infrastructure

The latest engagement Jaywing has undertaken comes from LHV UK

EY launches South West Innovation Hub as part of regional fintech investment

The hub, led by directors Dan Harris, Oana Beattie and Liam Snelling, will work closely with FinTech companies based in the South West, the University of Bristol and Fintech West to help serve clients locally, across the UK and internationally.

Saudi Central Bank Establishes Open Banking Lab

The Saudi Central Bank’s new open banking lab provides a sandbox environment which simulates real banks’ open banking APIs.

Flat6Labs and Wio Bank Partner to Support Abu Dhabi Start-ups and SMEs

This access ensures that the seed-stage program is able to attract start-ups from international markets.

Zopa Bank hits £3bn deposits as interest rates highest since 2008

On top of its swelling deposit base, Zopa has more than £2bn of loans on its balance sheet and 350,000 credit card customers.

Taiwan’s Next Bank Launches on Temenos

New digital bank backed by Chunghwa Telecom launches on Temenos core banking platform to bring products to market fast and scale efficiently

Digital Wallets Could Cost Banks Billions in Lost Payments Income

“Banks that rethink their strategies, and capitalize on consumers’ trust in their stability and security, could expand revenues and market share,” the report states.

Research: European SMEs trust BaaS will overtake traditional banking

Vodeno and Aion Bank have commissioned an independent survey with over 1,000 businesses from the UK, Belgium, and the Netherlands to showcase the potential of Banking-as-a-Service (BaaS).

5 Fintech / Insurtech predictions from a specialised VC

This offers hope to the burgeoning European ecosystem, where there is a flurry of scaleups to watch out for.

The Technologies Ready for Mass Production in 2023

This is why it could become a question of survival for many traditional companies if they do not adapt to a world defined by digital standards.

LegalTech Wolters Kluwer acquires Della AI

This technology allows legal professionals to review contracts in multiple languages by asking simple questions.

Digital asset platform ML Tech snares $1.9m funding

ML Tech is a non-custodial investment platform connecting institutional investors to top trading strategies.

Warburg Pincus selects CAIS for access to the independent wealth channel

Like most products and strategies onboarded to CAIS, these private equity funds will undergo third-party due diligence conducted by Mercer.

Fintech biz gains popularity among global investors

While the majority of fintech investment came from Europe and North America, which contributed 72 percent of the total last year, such investment increased rapidly in emerging markets.

BearingPoint boosts banking, insurance and asset management capabilities by acquiring Levo Consultants

Synergies with Levo Consultants will enable the management and technology consultancy to approach customers with stronger offerings and teams.

Versana launches digital data platform to transform the $5t syndicated loan market

Versana’s syndicated loan platform is revolutionary for the private sector of the corporate credit market

Innovation & Startups