08/30/2023
Monetary policy impacts innovation, says research
A 100 basis point policy tightening decreases research and development spending
Innovation & Startups
08/29/2023
UK Firms Explore Fintech Down Under in Fintech Trade Mission to Australia’s Intersekt Festival 2023
It provides participating companies with an opportunity to network, pitch sessions and connect with key stakeholders and decision-makers in Australia’s fintech ecosystem.
08/29/2023
New fintech accelerator Archie launches in London
Archie will be launching through a series of events across the rest of 2023, starting in Dubai on 12 September 2023
08/29/2023
Anthony Thomson launches acceleration partner for fintech startups
Startups will get operational support, access to senior board advisors, and a network to build partnerships, support capital requirements and recruit talent.
08/29/2023
M-Pesa goes live in Ethiopia
The service has gone live three months after Safaricom secured a payment instrument issuer license from the National Bank of Ethiopia.
08/28/2023
Sick pay protection fintech Wagestream partners with Wakam
The product offers employees income protection specifically designed to meet the needs of frontline workers, who are often overlooked by the UK’s sick pay system.
08/28/2023
Emerson secures innovative measurement technology with Freshfields
The transaction is expected to close by the end of Emerson’s fiscal 2023, subject to customary closing conditions.
08/25/2023
Reinsurers lead on innovation, third-party capital a highlight: AM Best
The rating agency believes that as reinsurance contracts have a “relatively straightforward composition”, they lend themselves more readily to innovation.
08/25/2023
UKI2S innovation fund surpasses £100m with new backing
UKRI also said that companies supported by the fund have created over 1,100 new jobs with average salaries exceeding £50,000.
08/25/2023
Alibaba Cloud launches open-source vision language model
The models can comprehend images, texts and bounding boxes in prompts and facilitate multi-round question answering in both English and Chinese.
08/24/2023
Valu rebrands as part of its evolution into a universal financial technology powerhouse
Valu has consistently been at the forefront of innovation and a game-changer in the fintech space since its inception as the first BNPL platform in the MENA region.
08/24/2023
Ex-Monzo leaders introduce Sync Savings with massive backing to transform UK cash savings
This endeavour is geared towards the enhancement of the entire savings infrastructure, a sentiment echoed by the recent FCA scrutiny of the sector.
08/24/2023
Former First Wealth planners launch next-gen advice firm
A trio of former First Wealth financial planners have decided to set up their own advice firm – Finova Money – which will focus on serving the next generation of clients.
08/24/2023
Tenity invests in 11 early-stage fintechs
The startups will go through four months of rigorous program
08/23/2023
Mashreq set to commence digital banking in Pakistan
The commencement of operations is announced roughly even months following the bank's NOC approval for digital banking in Pakistan
08/23/2023
UK retains European crown despite fintech funding slump
UK fintech investment dropped to US$5.9bn in the first half of 2023, down 57% from the same period 12 months ago.
08/22/2023
Right Mortgage tech partnership automates insurance quotes
This will allow them to automate building and contents insurance quotes for their clients.
08/22/2023
Platform comparison fintech launches
SuitabilityHub is a one-stop shop that drills down on platform providers' offerings, analysing more than 500 features.
08/22/2023
Kenyan fintech Zanifu raises $11.2m
The Zanifu Android app allows small retailers to procure inventory from their suppliers and pay once they have sold the goods.
08/22/2023
7 Banking Processes that Should be Automated
The competitive market and changing consumer expectations have made it more important than ever that you modernize and automate how your institution operates.