Singapore-based FinTech FlexM Global AS welcomes $12.5m investment from 6G Digital
6G Digital Private has entered a significant partnership by acquiring a 25% stake in FlexM Global AS, a trailblazing FinTech firm based in Singapore, for an impressive sum of $12.5m.
Volopa and ClearBank forge strategic partnership to elevate SME banking services
Volopa, the innovative provider of transaction, payment, and expense management solutions, has entered into a strategic partnership with ClearBank, a trailblazer in real-time clearing and embedded banking for financial institutions.
Worth AI launches innovative AI platform to transform business credit scoring
Worth AI, a pioneering FinTech Software as a Service (SaaS) startup, officially announced the launch of its groundbreaking artificial intelligence (AI)-powered risk management and underwriting platform today.
Cooperative Bank of Oromia and Temenos unite to transform digital banking in Ethiopia
The Cooperative Bank of Oromia (CoopBank), one of Ethiopia's premier banking institutions, has partnered with the global FinTech powerhouse, Temenos, to launch innovative digital banking solutions.
Revolutionising finance: The rise of embedded finance in 2024
As we delve deeper into 2024, the embedded finance phenomenon continues to reshape the financial services sector. A Capgemini survey from 2021 revealed that over 70% of banking executives view embedded finance as a catalyst for innovation, customer base expansion, and cost reduction, predicting its market value to soar to $588bn by 2030 from $22bn in 2020. This trend positions embedded finance as a key strategic channel for banks.
Perfios, India’s premier FinTech SaaS innovator, secures $80m investment
Perfios, India's leading B2B SaaS FinTech company, has successfully raised $80m in a funding round led by Teachers' Venture Growth (TVG), the late-stage venture and growth investment arm of the Ontario Teachers’ Pension Plan.
Griffin launches as UK’s latest full-stack BaaS platform with $24m boost
Griffin, a groundbreaking full-stack Banking as a Service (BaaS) platform, has officially announced its transition to a fully operational bank.
Peppermint Innovation secures A$1.1m for AI and customer experience advancements
Peppermint Innovation, an ASX-listed FinTech company, has successfully raised AUD $1.102m in a recent funding round.
The investment came through a placement to sophisticated and...
Synctera secures $18.6m in Series A-1 funding to enhance embedded banking globally
Synctera, a trailblazer in embedded banking and finance, has announced an impressive $18.6m extension to its 2021 Series A funding round.
The investment, co-led by...
NayaOne’s sandbox platform attracts $4.7m, aiming to disrupt financial services sector
NayaOne, a company at the forefront of FinTech innovation, has successfully secured $4.7m in funding.