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Finovate alums raised more than $1.2 billion in equity funding in 2023. The total funding for the year reflects the continued slowdown in fintech funding that began in 2022. Previous Annual Comparisons In the fourth quarter of 2023, eleven Finovate alums raised more than $307 million in equity funding. Note, however, that this sum does Read more…
London-based fintech SumUp has secured $306 million (€285 million) in growth funding. The round was led by Sixth Street Growth and featured participation from Bain Capital Tech Opportunities, Fin Capital, and Liquidity Capital. The company will use the funding, which includes a combination of equity and debt, to support international expansion. The round reportedly does Read more…
Financial crime solution provider Refine Intelligence has secured an investment of $13 million. The funding round was led by Glilot Capital Partners of Tel Aviv, Israel, and FinCapital of San Francisco, California. Also participating in the round were SYN Ventures and Ground Up Ventures, among others. The company, which made its Finovate debut earlier this Read more…
Cloud-native core banking platform 10x Banking and B2B lending technology company Trade Ledger announced a strategic partnership this week. The two fintechs will work together to offer banks and alternative lenders a composable banking solution to help them better serve their SME customers. Specifically, the collaboration will enable FIs to introduce a variety of new, Read more…
International treasury services provider Neo announced today that it has cleared more than $10.5 billion (€10 billion) via its corporate multi-currency accounts since their launch three years ago. This includes a doubling of its cleared volume in less than a year, as its accounts for corporate treasurers reached $5.3 billion (€5 billion) already in 2023. Read more…
As new trends emerge, such as the growth of P2P push payments, businesses need to implement verification processes to better protect their customers. Additionally, cross-border transactions require meticulous compliance with international AML regulations which can be challenging to navigate. In this webinar, we’ll explore the role of identity in global payments and moving money across Read more…
A look at the companies demoing at FinovateFall in New York on September 11 and 12. Register today and save your spot. SRM Key Moments are customized experiences that load into existing apps to drive desired outcomes for card portfolios. Features Why it’s great SRM Key Moments is paying dividends for bank and CU issuers with 25%+ Read more…
A look at the companies demoing at FinovateFall in New York on September 11 and 12. Register today and save your spot. Jaid is a powerful artificial intelligence SaaS platform that drives intelligent automation of diverse business communications, increasing the speed of resolution to client inquiries. Features Why it’s great Jaid delivers solutions, not AI tools, empowering Read more…
A look at the companies demoing at FinovateFall in New York on September 11 and 12. Register today and save your spot. MacroMicro offers premier macroeconomic investment platform services with over 350,000 registered users globally. Features Why it’s great Investors and decision-makers easily can make informed decisions through interactive and clear automatically updated charts on MacroMicro’s platform. Read more…
A look at the companies demoing at FinovateFall in New York on September 11 and 12. Register today and save your spot. Pangea Prime by Pangea Technologies gives companies’ one central place to manage global FX operations. With Pangea Prime, users can store foreign currency, send foreign currency, and hedge their FX risk. Features Why Read more…
We are less than one month out from FinovateFall. In true Finovate fashion, we are hosting 52 companies to demo their technology live on stage. Most impressively, this year, 27 of the demoing companies are new to Finovate. Because more than half of the FinovateFall demo companies are new to us, we figured they might Read more…
A look at the companies demoing at FinovateFall in New York on September 11 and 12. Register today and save your spot. Telesign provides continuous trust to leading global enterprises by connecting, protecting, and defending their digital identities. Features Telesign’s brand new intelligence demonstration tool clearly depicts the risk inherent to onboarding and how to Read more…