03/24/2022
Fintech startup Jeeves raises $180M, quadruples valuation to $2.1B in half a year
This means it has quadrupled in value in just over six months.
Innovation & Startups
03/24/2022
UBS introduces Virtual Worker Framework
In a global survey, 86 percent of UBS employees stated that they value greater flexibility, including the ability to maintain a remote or hybrid work arrangement.
03/24/2022
NatWest and Meta partner to support female entrepreneurs
With a record high number of women-led businesses in 2021, NatWest and Meta are partnering to support female entrepreneurs.
03/24/2022
Shorooq Partners launches $150m FinTech fund
Shorooq Partners has recently been making strides as the first mover in the MENAP region through its Web 3.0 thesis.
03/24/2022
How Technology Has Impacted the Asset Management firms
With the introduction of robo-advice, investment management has already experienced the early influence of AI.
03/24/2022
Iress unleashes a new era of fund administration for Maitland
The Iress implementation has been an integral part of a larger initiative to increase automation and straight through processing
03/24/2022
Tesselate Group and FintechOS partner to drive digitalization in financial sector
With today’s announcement, FintechOS and Tesselate Group will accelerate investment in joint solutions, delivery capacity, and go-to-market initiatives.
03/24/2022
Finovate Europe 2022: fintech investment trends – where’s the smart money going?
Wilson said fintech comprises about 20% of Albion’s AUM, which is growing year-on-year.
03/23/2022
Innovate Finance launches group to promote UK fintech abroad
Innovate Finance has launched the International FinTech Group to strengthen the UK’s position as a global industry leader.
03/23/2022
Jersey Finance Launch WeChat Official Account
WeChat is a leading multi-purpose app in China used for messaging, social media, mobile payments and mini programs.
03/23/2022
Alliance Data rebrands as Bread Financial
The company’s prior market-facing brands are now unified under the singular, cohesive Bread Financial brand.
03/23/2022
Open Banking: Apple makes first major UK fintech acquisition with Credit Kudos purchase
A big validation for UK fintech as the world’s most valuable company snaps up one of its newest startups.
03/23/2022
State Street, Charles River® Development and Advisor360° Announce Strategic Partnership to Deliver an Integrated Technology Solution
The ability for mutual clients to leverage the capabilities of both firms helps create an innovative and differentiated wealth management solution for the industry.
03/22/2022
SME back office automation platform Finally raises $95 million
The round was led by PeakSpan Capital with participation from Active Capital, 500 FinTech, and GTMfund.
03/22/2022
Egypt state banks setting up $85mln fintech innovation fund
Legislative and regulatory changes in Egypt over the last two years have paved the way for a surge in fintech investments and a change in the way the country's largely unbanked citizens do business
03/22/2022
Fidelity Investments® Rolls Out New Features on Bond Trading Platform
Bond Beacon helps address this by using real-time data and analytics to trade against live markets, providing a robust view into fixed income markets and substantially cutting the time needed for transactions.
03/21/2022
Egypt's biggest national banks lead $85m investment in new FinTech fund
‘Nclude’ by Global Ventures aims to boost growth in sector and drive financial inclusion
03/21/2022
Finastra to Build Model Digital Bank for Union of Arab Banks
The model digital bank will also be designed to enable the fulfilment of several of the UN’s Sustainable Development Goals (SDGs).
03/21/2022
Climate tech startup Lune raises $4 million
Lune partners directly with carbon project developers across the world to curate a diverse list of high-impact and innovative projects.
03/21/2022
Dubai’s Shuaa Capital acquires controlling stake in fintech Souqalmal
This programme is currently offered by MAF, Careem, and Emirates Catering to their employees.