Banking Infrastructure

Peter Thiel’s Valar Ventures, Klarna founder back Indonesia-based BukuWarung in $60m round

Indonesian FinTech startup BukuWarung raised $60m in Series A funding in a round led by Valar Ventures and Goodwater Capital.

Fime bags certification to support growth of open banking in India

French FinTech Fime has revealed it has been empanelled as an official certifier to support the growth of India’s open banking ecosystem.

IKEA forays into banking sector with a 49% stake in Ikano Bank

Expanding its business into other areas, Swedish furniture giant IKEA has entered the banking space by acquiring a 49% stake in Ikano Bank.

B2B billing solution HoneyBook hits unicorn status after latest $155m Series D

CA-based financial management platform for independent service-based businesses Honeybook raised $155m in Series D equity funding at a $1bn valuation.
FlapKap

FlapKap pockets $3.6m in seed funding round

FlapKap, a tech-enabled revenue-based financing platform aiming to revolutionise ecommerce growth, has bagged $3.6m in a seed round.

Sokin links with Visa to offer digital accounts across Asia Pacific

Payments provider Sokin has teamed with Visa to roll-out its global currency account and debit cards across Asia Pacific.

Financial consortium calls for new social, environmental reporting rules for banks

A financial group has called for the adoption of impact-reporting standards that account for social and environmental factors to speed up a sustainable transition for banks.

Constellation nabs $3m from TwinStar Credit Union as part of strategic partnership

Constellation, a technology developer for credit unions, has formed a strategic partnership with TwinStar Credit Union, alongside a $3m capital injection.

wappier wraps up $4m seed round to support AI development

Revenue management platform wappier has raised $4m in seed funding which will be used to help build its AI-powered solution.
Hokuriku and Hokkaido Bank tap into generative AI with Fujitsu

Hokuriku and Hokkaido Bank tap into generative AI with Fujitsu

Fujitsu, a leading global digital services company, and Hokuhoku Financial Group, a prominent financial institution comprising of several subsidiaries and affiliates, have announced a pioneering collaboration.

News Stories

FinTech

FinTech investment sees uptick following two sluggish weeks

There was a climb in investment in the FinTech sector this week, with FinTech Global reporting on a total of $399m being raised across...
compliance

Will 2024 be the year of compliance technology?

As technologically-driven solutions continue to firmly pierce the financial industry and how it runs, the need for firms to maintain compliance amongst a deluge...
ZeroEyes joins Lloyd's Lab for pioneering InsurTech against gun violence

ZeroEyes joins Lloyd’s Lab for pioneering InsurTech against gun violence

In an unprecedented move, ZeroEyes, known for its pioneering AI gun detection technology, has been welcomed into the coveted Lloyd's Lab Accelerator program, marking a significant stride in InsurTech innovation.
Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb Personal Risk Services (PRS), known for its commitment to providing exceptional insurance services, has announced the launch of an innovative self-service Flood Insurance System.
Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint venture

Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint...

Bishop Street Underwriters, a notable entity within the RedBird Capital Partners' portfolio, has formally announced a groundbreaking joint venture with Topsail Reinsurance SPC, Ltd....

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week