BIS Innovation Hub to launch four new centres in Toronto, London, Paris and Stockholm

The Board of the Bank for International Settlements (BIS) is going to open four more BIS Innovation Hub centres across North America and Europe.

Velox said to raise $2.5m in its new funding round

Velox, which claims to be the future of front-office technology, has reportedly bagged $2.5m in its new funding round.

20 FinTech rounds from last week you can’t afford to be unaware of

FinTech companies, RegTech ventures, InsurTech startups and challenger banks raised money in the last week. This is what you can learn from the 20 FinTech rounds we reported on.

Capital Markets Gateway closes a $25m strategic investment

Capital Markets Gateway (CMG), a platform modernising the equity capital markets (ECM) has secured a $25m strategic investment.

The AI in FinTech market expected to balloon to be worth $22.6bn by 2025

While The global AI in FinTech market was estimated at to be worth $6.67bn in 2019, that figure is expected to reach $22.6bn by 2025.

slice bags $6m in pre-Series B financing round

Bangalore-based FinTech slice has raised $6m in a new funding round led by Gunosy.

Curve inks deal with Samsung to launch new digital payment solution Samsung Pay Card

Samsung Pay has signed a partnership with the digital banking platform Curve and Mastercard to launch the Samsung Pay Card.

The global FinTech market is expected to be worth $305bn by 2025

Banks and financial services firms are driving the growth of the FinTech market towards being worth $305bn by 2025, according to new research.

Data platform MayStreet bags $21m in its new funding round

MayStreet, a market data infrastructure solution, has closed its Series A round on $21m, to support the global expansion of its platform.

FinTech Black Knight has revealed the pricing of its public offering

Software and data analytics FinTech Black Knight has announced the pricing of the previously announced underwritten public offering.

News Stories

Mobile wallet market expected to be worth $7.58trn by 2027

The mobile wallet market size was valued at $1.04trn in 2019 and is projected to reach $7.58trn by 2027, growing at a compound annual growth rate of of 28.2% from 2020 to 2027, according to new research.

For Good Causes expands its charitable efforts beyond the loyalty sector

UK FinTech company For Good Causes is expanding beyond the loyalty sector, having already enabled consumers to donate their loyalty points, cash back and air miles to over 20,000 charities.

German prosecutors have arrested the chief executive of Wirecard’s Dubai unit Cardsystems

The highly publicised collapse of Wirecard has taken another turn with German prosecutors having arrested the head of the company's Dubai-based subsidiary.

Why the founders behind Monument think there’s still room for another UK neobank

Challenger bank Monument has revealed that it is in the later stages of an application process to get a UK banking licence in order to launch a service for affluent clients.

Italian digital banking project raise €45m as the nation is still dealing with Covid-19

Italian banking executives have raised €45m ($50.9m) in a bid to launch a digital bank in a country still dealing with the coronavirus fallout.