Personal Finance

Are smaller startups ready for big tech entering the FinTech space?

Big tech firms already control what people watch, buy and find online. Now, some of them are trying the waters of FinTech.

New IMF report lays down the risks of e-money becoming more popular than physical...

As e-money rises in popularity, a new International Monetary Fund (IMF) report has looked into the rise of cryptocurrencies, e-money and i-money like Facebook’s Libra and what the associated risks to the economy are.

Tink teams up with Youtility amid cost of living crisis

European open banking platform Tink, and subscription technology platform Youtility, have partnered to provide UK retail banks with embedded subscription and money management tools.

Nucoro divests Exo Investing solution to wealth management firm abrdn

UK WealthTech firm abrdn has concluded a deal to acquire Exo Investing from FinTech firm Nucoro for an undisclosed fee.

Swiss insurance broker Swiss Risk & Care successfully taps Nucoro for wealth management project

Nucoro, the London-based WealthTech startup, has used its development skills to service its first client in the insurance industry.

Why a strong digital offering is important for wealth managers to keep customers

A fifth of retail investors have stopped using a wealth management service due to a weak digital offering, new research from Nucoro claims.

Happy Money joins growing FinTech unicorn club

Happy Money, a platform for unsecured lending in partnership with credit unions, has closed a $50m Series D-1 funding round.
Cheddar relaunches savings app amidst cost of living crisis

Cheddar relaunches savings app amidst cost of living crisis

Cheddar, a pioneering FinTech company known for its innovative rewards applications, has unveiled its latest product aimed at alleviating the financial pressures of the cost of living crisis for consumers in the UK.
Egypt's MoneyFellows raises $31m for its ROSCA app

Egypt’s MoneyFellows raises $31m for its ROSCA app

Egyptian FinTech platform MoneyFellows, which offers a mobile-based platform to digitise rotating savings and credit associations (ROSCAs), has closed its Series B funding round on $31m.

Investment platform Koia snares $1.4m pre-seed funding

Alternative investment app Koia has raised $1.4m from a pre-seed funding round led by Seedcamp.

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....

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