FinTech SaaScada bags £2.5m seed funding

UK-based core banking platform provider SaaScada has pulled in £2.5m in seed funding as it looks to accelerate growth.

Neobank Open becomes India’s 100th unicorn

Indian neobank Open has reportedly become the 100th unicorn in India, after it closed a Series D.

Ondo Finance pulls in $20m for its DeFi vision

Ondo Finance, which is building a decentralised investment bank, has raised $20m in Series A funding to accelerate the adoption of DeFi among mainstream investors.

Cogni collects $23m to bridge the gap between Web2 and Web3

Cogni, digital banking platform aimed at enhancing consumer lifestyles, has raised $23m in Series A funding.

Rabobank launches CO2 emissions insight tool for customers

Netherlands-based Rabobank has launched Carbon Insights, empowering customers to monitor the impact their purchases have on the climate.

Standard Chartered Bank latest bank in the Metaverse

Standard Chartered Bank is the latest financial institution to join the Metaverse, buying a plot of land on The Sandbox.

Challenger bank Qonto closes fastest fundraise on Crowdcube

French challenger bank Qonto, which reached a $5bn valuation in January, has reportedly closed a crowdfunding campaign in just six hours.

Welcome Tech lands $30m to support immigrant families

Welcome Tech, a digital platform aiming to provide immigrant families in the US with services to help them thrive, has raised $30m in funding.

NanoPay’s Aliada Digital Card is aiming to “transform the lives of women” in Mexico

NanoPay’s Aliada Digital Card is available to all Mexican women over the age of 18 who wish to start or improve their credit history or continue exploring new forms of financing.

Nova Credit expands into Europe to serve migrant corridors

Nova Credit, a FinTech that says it is unlocking opportunities for those historically excluded from the credit system and companies looking to serve them, has expanded into Europe.

News Stories

What companies need to know about the future of work

With changing working arrangements and new technological innovations, the future of work is fast arriving.

The role of AI and machine learning in the customer experience

The insurance industry has paid lip service to AI and machine learning for some time. However, adoption has been underwhelming. As firms come under intense pressure to meet changing customer demands, could this instigate more rapid AI adoption?

Parametrix Insurance teams up with IMA for cloud downtime insurance

Parametrix Insurance, a provider of parametric cloud downtime insurance, has partnered with IMA Financial Group (IMA), a North American insurance brokerage firm specialising in risk management, insurance, wholesale brokerage and wealth management.

Skyline, Howden, and Munich Re in parametric insurance alliance

Parametric InsurTech Skyline Partners has partnered with Howden and global reinsurer Munich Re to develop a parametric insurance solution designed to protect farmers in Jamaica from extreme weather events.

Is 2022 the year of ESG?

Almost six months into 2022, the financial industry has already experienced a heavily chaotic year. With a mix of continuing Covid-19 troubles with the enveloping Russia-Ukraine conflict, the industry is having to evolve to new challenges.

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