09/11/2023
Zopa hits 1 million customers, raises £75m ahead of IPO plans
Three years on from its bank launch Zopa says it’s profitable and generating £250m of annualised revenue.
Innovation & Startups
09/11/2023
Fintech faces its reckoning: It’s only a matter of time until the house of cards collapses
In an attempt to reboot the global economy, central banks slashed interest rates to almost zero, resulting in an era of cheap money.
09/11/2023
A balanced asset allocation is still the best way investors can prepare themselves for any uncertainty – Exclusive Interview with Marc Van de Walle, Global Head, Wealth Management, Deposits and Mortgages, Standard Chartered Bank
To enable end-to-end digitization, we are investing in a single wealth platform to drive technology convergence across segments and markets, harness scale and cost efficiency, automate operations, and increase the speed of deployment.
09/11/2023
Consumer fintech Salmon chooses Oradian as its technology partner
Salmon’s early success also speaks to the strength and health of the Philippines’ financial technology market
09/08/2023
Two startups merge into $1.2 billion digital family office
Compound, a financial and tax advisory service for tech executives, is joining Alternativ Wealth, a digital RIA, to form Compound Planning.
09/08/2023
CLS enrols Barclays and Danske Bank to its settlement platform
"We are delighted to welcome the latest additions to our CCS service
09/08/2023
Conquest Planning Inc. and Aviso Join Forces to Enhance Financial Planning for Canadian Investors
This partnership will further empower our credit union partners and their advisors to provide the expert financial planning their members expect
09/08/2023
How New Tools Are Changing Bank Balance Sheet Management
This approach allows multiple banks to share the rewards and, crucially, the risks associated with loans, creating an environment conducive to mutual growth.
09/07/2023
Tofu launches its services to help the self-employed
This platform addresses the administrative challenges of the extensive 9.8m self-employed demographic by refining their invoicing, expense management, and tax calculations.
09/06/2023
In Latin America, Brazilian fintech firms rule
Alas, they ended up founding a company that US credit card giant Visa acquired this year for a cool $1 billion.
09/06/2023
Saxo Bank completes sale of FinTech joint venture to Geely Group
As part of this transaction, Saxo Bank will receive its own shares in return – equivalent to approximately 2% of the outstanding bank shares.
09/05/2023
Fed reportedly warns Goldman Sachs over fintech compliance risk
US regulators have raised issues over a lack of due diligence and monitoring process for high-risk clients at the bank
09/05/2023
BIS and Reserve Bank of India announce winners of G20 TechSprint 2023
This year's TechSprint was launched last May by the RBI and BIS to promote innovative solutions aimed at improving cross-border payments, under India's G20 presidency.
09/05/2023
Swiss B2B fintech GenTwo raises $15 million
Alternative investments like private equity, as well as asset classes like real estate, fine art and digital assets are popular on the platform
09/05/2023
Businesses using biometric recognition systems get data protection guidance
Biometric recognition systems are increasingly popular tools being used by businesses to verify customers’ identity in the digital world.
09/04/2023
Kuwaiti fintech Kem raises $1 million pre-Seed round
The new funding will enable Kem to develop its app and expand its footprint across the Gulf region.
09/04/2023
Banking Circle joins Spanish fintech association
The decision to join the AEFI underpins the company’s commitment to supporting the Spanish financial ecosystem.
09/04/2023
Digitalisation and Sustainablity: The Two Pillars Driving Zenith Bank's Success in a Post-Covid World
Today, the bank is globally celebrated as a relentlessly forward-thinking institution
09/01/2023
The Bank of London amasses £300 million in client deposits in first five months
The Bank of London is Britain’s safest bank.
09/01/2023
OneID raises £1m for bank-verified digital identification
Eliminating the need for physical identification, OneID allows businesses and individuals to digitally prove their identity instantly