Sector Updates

fintech-news

Lulu Exchange invests $3.5m in ARKIN to offer new digital solutions

Lulu Exchange, a global foreign exchange and money remittance enterprise, has invested $3.5m in tech startup ARKIN Technologies.

Salary Finance raises $20m in Series B to support US expansion

Employee benefits financial wellbeing business SalaryFinance has raised $20m in its Series B round to support its expansion in the US.

Darktrace rival Immersive Labs inks $75m to help businesses beef up their cyberskills

Immersive Labs, a platform which teaches cybersecurity skills to corporate employees by using real, up-to-date threat intelligence in a gamified way closed a $75m Series C funding round.
Morgan Stanley

Morgan Stanley and Stanford unveil ecosystem footprinting tool

Morgan Stanley in collaboration with Stanford University have jointly launched a unique tool to enhance sustainable business practices.
fintech insurtech wealthtech regtech ai cybertech esg news

DriveWealth expands APIs to support investment advisors

DriveWealth, a New Jersey startup providing retail investors and ordinary consumers with access to the US stock market, is expanding its APIs to cater to investment advisors.

WealthPark bags $8.5m in funding to support its operational growth

Japan-based FinTech WealthPark has bagged JPY 907m ($8.5m) in a funding round, which will help it strengthen its operation capabilities.

Why consumers globally are turning to BNPL

A recent study by RFI Global has found that consumers worldwide are turning to buy now, pay later (BNPL) as a more responsible way to manage their purchases and cash flow.
privacy

Tech organisations call on Congress to prioritise blockchain privacy regulation

More than 28 tech organisations that develop open-source projects have called on Congress to protect consumer privacy when regulating the blockchain space.

Upgrade bags $62m in Series C led by CreditEase Fintech

Online credit platform Upgrade has bagged $62m in its Series C funding round which was led by CreditEase Fintech Investment Fund.

Elisity seeks to scale cybersecurity platform with $26m Series A raise

US cybersecurity platform Elisity has snared $26m from a Series A funding round to meet growing demand of its cloud-delivered cybersecurity platform.

News Stories

Ouro, a global financial services and technology innovator, has partnered with Real Madrid to develop and deliver co-branded financial solutions to fans in key markets globally.

Ouro and Real Madrid team up to score financial goals globally

Ouro, a global financial services and technology innovator, has partnered with Real Madrid to develop and deliver co-branded financial solutions to fans in key markets globally.
Standard Chartered has joined forces with Visa B2B Connect to expand its existing suite of payment solutions.

Standard Chartered partners with Visa B2B Connect for streamlined cross-border payments

Standard Chartered has joined forces with Visa B2B Connect to expand its existing suite of payment solutions.
How the world's top banks and insurers are adopting GenAI tools

How the world’s top banks and insurers are adopting GenAI tools

In recent years, the integration of generative artificial intelligence (GenAI) tools within the financial sector has seen remarkable growth. A study conducted by ORX, a leading operational risk association, reveals that 75% of the world’s major banks and insurers are now utilizing external GenAI applications in their operations.
UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

PeppercornAI, an InsurTech specialising in conversational artificial intelligence, has successfully raised £3.25m.
Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation, a pioneer in Corporate Digital Identity (CDI), has recently announced the appointment of Stuart Barnard as its first Chief Financial Officer (CFO).

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