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Finovate’s Fintech Rundown is here with a look at some of the top fintech headlines. From startups emerging from stealth flush with capital to the launch of new AI-powered fraud fighting technologies, we’ve got you covered. Be sure to check back all week long for the latest updates. E-commerce E-commerce payments solution provider Klarna acquires Read more…
We’re midway through August, and while everyone attempts to sneak in their final summer vacation days, the fintech news continues on. While we’ve seen a handful of acquisition news headlines so far this summer, I expect things to tick up slightly this fall. Stay tuned throughout the week to read the latest news this week Read more…
A major sell-off in the stock market is giving investors jitters as August begins in earnest. Funding news for companies in lending and wealth management leads the fintech news this week. Be sure to check back over the next few days for the latest updates and announcements. Lending U.K.-based SME lender Shawbrook partners with nCino Read more…
There was a time when robo-advisory represented the peak of fintech’s contribution to the wealth management industry. And these services continue to be popular options for a new generation of savers and investors. The Statista Market Forecast indicates that the robo-advisor market worldwide is expected to grow by more than 6% by 2028, with more Read more…
As we enter into the last few days of July, there’s a lot to think about. The days are slowly getting shorter, but the list of tasks needed to complete 2024 objectives by the end of the year isn’t shrinking. Fintech news is set to pick up its pace as summer slows down, and we’ll Read more…
After months of deliberation, the finalists for the 2024 Finovate Awards have been selected! In categories ranging from “Best Alternative Investments Solution” to “Top Emerging Fintech Company,” more than 130 innovative companies and individuals have made the short-list. We are now set for an exciting autumn showdown when winners are announced at Finovate Fall 2024 Read more…
As 2024 works its way toward halftime, we’re seeing an uptick in partnership and collaboration activity from crypto to regtech. Check back all week long for updates on the latest in fintech news. Payments Payment orchestration platform Gr4vy extends its partnership with open banking payments company Trustly. Tyro Payments teams up with StoreConnect to enable Read more…
This week’s edition of Finovate Global looks at recent fintech developments in Mexico. Mexican digital payments and commerce enablement platform Clip announced a major investment this week. The company, which offers a suite of payments and other financial services solutions to small and medium-sized businesses in Mexico, has raised $100 million in new funding. The Read more…
Germany-based regtech Hawk announced an extension of its Series B funding round. The amount of the extension was not disclosed, but the company noted that the investment did significantly boost its valuation. The extension included funding from Rabo Investments, and also featured participation from existing investors BlackFin Capital Partners, Sands Capital, DN, Picus, and Coalition. Read more…
The summer fintech news slowdown is coming soon, but it hasn’t taken hold yet. Fintech news picked up last week, with multiple funding rounds and product announcements. Stay tuned to read this week’s news as we post updates and evolutions. Embedded finance Cross-border payments platform PingPong unveils its embedded lending solution. Digital banking Dubai-based NOW Read more…
AMLYZE, a regtech specializing in combating financial crime that made its Finovate debut at FinovateEurope earlier this year, has forged a strategic partnership with Aura Cloud. Headquartered in Lithuania, AMLYZE offers anti-financial crime solutions for a variety of financial services providers, including fintechs, banks, and cryptocurrency firms. The company’s partnership with Sweden-based Aura Cloud will Read more…
With neobank Monzo’s big investment and multi-billion dollar valuation on one side and the continued woes of BaaS provider Synapse on the other, “interesting times” continue to characterize the fintech landscape as we slide into the summer months. Be sure to check our Fintech Rundown all week long for the latest updates and fintech headlines. Read more…