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HSBC launches embedded finance venture SemFi with Tradeshift

HSBC has launched SemFi, a new B2B embedded finance technology company, through its joint venture with Tradeshift, a San Francisco-based fintech. SemFi enables...

Ex-TNEX chief Bryan Carroll heads new Credit-Decisioning-as-a-Service start-up SMEApprove

Bryan Carroll, former TNEX chief, now leads SMEApprove, a Credit-Decisioning-as-a-Service (CDaaS) platform. SMEApprove targets banks, fintechs, and lenders supporting the global SME sector. ...

Bank of Hangzhou partners Malaysia’s Maybank to support cross-border businesses in China

Bank of Hangzhou and Maybank signed an MoU to support Chinese enterprises expanding into Southeast Asia. The partnership will focus on enhancing cross-border...

Indonesia’s Krom Bank taps AWS Cloud for digital banking upgrade

 Krom Bank, a subsidiary of Kredivo Group, is launching digital banking services through its partnership with Amazon Web Services (AWS). Utilizing AWS Cloud,...

New UK fintech Covecta launches configurable AI platform

Covecta has launched a configurable AI platform designed to streamline critical activities for financial institutions' front-line teams. The platform serves commercial banks, insurers,...

VaticAI appoints Mitch Eggers as new COO and chief scientist

Mitch Eggers has been appointed as COO and chief scientist at VaticAI, an adtech firm specializing in AI-driven solutions. VaticAI, founded in 2018...

Aussie debt collection fintech InDebted bags $41m Series C

InDebted, an Australian fintech, raised $41 million (A$60 million) in Series C funding. Existing investors Carthona, Reinventure, and Perennial, along with new backers...

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