Managers of Wealth Fintech

Atlantic Money arrives on the desktop

The company corrects the imbalance by offering the live mid-market currency rate and a flat fixed-fee of £3 for transfers up to £1 million.

Ares Management, CDPQ, and Schroders Capital announce EUR 750 million financing for expansion of Vantage Data Centers’ EMEA platform

Ares and CDPQ are providing up to EUR 300 million respectively, and Schroders Capital is contributing up to EUR 150 million.

LogRhythm and Exabeam merge to dominate AI-driven security operations market

The merger is anticipated to close in the third quarter of 2024

Baseline secures $1.6m to revolutionise real estate lending technology

The focus on intuitive design and user experience distinguishes Baseline in a sector ripe for technological advancement.

Cube acquires global regulatory intelligence businesses from Thomson Reuters

Alibaba bets big on China’s genAI startups with cloud power

Alibaba invests in AI startups by offering cloud computing credits, leading a $1 billion round for Moonshot AI and aligning investments with its cloud business strategy.

fundcraft raises €5M Series A transform asset management infrastructure

fundcraft centralises and automates processes, data, and stakeholder interaction to lower costs and deliver better customer outcomes.

InsurTech Cover Genius signs with Adyen

Adyen is now one of the insurtech’s payment processing partners

Validata extends Technology Partnership with Temenos

Validata ConnectIQ to provide banks, fintechs and EMIs with AI-powered Cash and Nostro reconciliation tool capabilities

LTX by Broadridge Integrates with MultiLynq to Deliver Accelerated Trading Connectivity

Through MultiLynq, dealers can more easily integrate LTX into their existing infrastructure

UK challenger bank Monzo nabs another $190M as US expansion beckons

In March, Monzo said its pre-money valuation was £3.6 billion

Temenos Multifonds extends partnership with Citi Securities Services to consolidate global funds services on Multifonds SaaS

Move to Multifonds SaaS enables Citi Securities Services to manage its global business efficiently on a single platform

Paymentology and Diamond Trust Bank drive embedded finance in Kenya

Paymentology, leverages its technology and robust payment card solutions to empower clients in the creation, distribution, and management of cards.

Basware acquires AP Matching

The acquisition will expand Basware's market offering, bringing accurate financial data and increased cost savings to the entire invoice processing cycle.

Danske Bank invests in United Fintech

As part of the new financing deal, Danske Bank has secured a rotating board seat and will contribute to the platform’s strategic direction

Nexi to integrate self-checkout technology with shopreme

“We strongly believe in digital payments as enablers of engaging, frictionless and efficient customer journeys

Backflip secures $15m in Series A to redefine real estate FinTech

The funds arrive at a crucial time as Backflip recently achieved a $10m net revenue run rate, nearing profitability despite facing a turbulent housing market.

Franklin Templeton partners Microsoft to build “advanced financial AI platform”

The firm has been actively exploring the application of AI in financial services

Close Brothers Motor Finance extends customer outreach with Zuto

The businesses engaged in a rigorous integration process connecting their systems to maintain a fast and seamless customer experience, and a secure flow of data.

IFC invests $7-M in fintech firm to fund rural bank

In preparation for the launch, the bank offers some of the most attractive deposit interest rates in the Philippines, including its time deposit with up to 8.88% interest for a 12-month term.

Alternative Investments