FinTech News & Updates

Stay informed with the latest breaking news, market updates, and industry developments

Jun 19, 2024 FinTech News

New Guidelines Aim to Enhance AI Trust in Financial Services

New guidelines have been released to boost the trustworthiness of AI in financial services. These standards aim to ensure ethical…

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Jun 19, 2024 FinTech News

Peak3 Emerges as ZA Tech Rebrands, Secures $35M Series A Funding Led by EQT

ZA Tech rebrands to Peak3 and raises $35 million in a Series A funding round, led by EQT. The rebranding…

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Jun 19, 2024 FinTech News

Mexican Fintech Unicorn Clip Secures $100 Million Investment Boost

Clip, a leading Mexican fintech company, has successfully raised $100 million in its latest investment round. The funds will support…

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Jun 19, 2024 FinTech News

Abacus Group Expands UK Financial Services Footprint with Tribeca Acquisition

Abacus Group, a prominent provider of IT services for financial firms, has acquired Tribeca Technology Group, enhancing its presence in…

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Jun 19, 2024 FinTech News

Switzerland’s Sustainable Fintech Sector Flourishes, New Map Reveals Industry Dynamics

Switzerland unveils a pioneering Swiss Sustainable Fintech Map, showcasing the rapid expansion and innovation within its sustainable fintech sector. The…

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Jun 19, 2024 FinTech News

TrueLayer Appoints Lisa Scott, Former Banked Executive, as Chief Strategy Officer

TrueLayer, a leading provider of financial APIs, has named Lisa Scott, formerly with Banked, as their new Chief Strategy Officer.…

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Jun 19, 2024 FinTech News

Federal Reserve Orders Evolve Bank to Cease Operations Amid Regulatory Violations

The US Federal Reserve Board has issued a cease and desist order against Evolve Bank due to regulatory compliance issues,…

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Jun 19, 2024 FinTech News

Financeit Expands Securitization Facility to C$500 Million, Enhancing Total Capacity to C$2 Billion

Financeit has increased its securitization facility to C$500 million, boosting its total capacity to C$2 billion. This expansion enhances the…

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Jun 19, 2024 FinTech News

Prometeo Enters US Market, Bringing Fintech Innovation to North America

LatAm fintech infrastructure leader Prometeo expands its operations to the US, aiming to revolutionize the North American financial landscape with…

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Jun 18, 2024 FinTech News

Ant International Launches Innovative SME Digital Lending Service to Boost Financial Inclusion Worldwide

Ant International has introduced a pioneering global SME digital lending service leveraging embedded finance. This initiative aims to enhance financial…

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