Funding
FinTech
FCA Strengthens Money Laundering Combat with Synthetic Dataset
New collaboration aims to enhance detection capabilities against financial crime.Highlights: FCA partners with Turing Institute to combat money laundering.Synthetic dataset will enhance data-sharing protocols among firms.Goal is improved detection...
FinTech
Spektr Strengthens Compliance Efforts with $20M Funding
Fintech startup Spektr secures $20 million for AI-driven compliance solutions.Highlights: Spektr raises $20 million to enhance its AI...
FinTech
Hacked DeFi Platform Drift Secures Funds to Repay Customers
Drift plans to relaunch with Tether support after addressing security issues.Highlights: Drift DeFi platform has secured funds after...
FinTech
Business Banking Fintech Slash Reaches Unicorn Status
The fintech startup achieves a valuation of over $1 billion.Highlights: Slash has been valued at over $1 billion.The...
FinTech
Amex Strengthens Digital Services with AI Expense Management Acquisition
American Express to acquire Hyper to enhance its business offerings.Highlights: American Express announces the acquisition of AI startup...
US fintech Stash names Chien-Liang Chou as new CTO
Stash, the US-based investing and banking app, has appointed Chien-Liang Chou as its new chief technology officer (CTO).
FactsChien-Liang Chou is Stash's new CTO,...
Cynergy Bank lands £20m funding from British Business Investments
UK-based Cynergy Bank secures a £20 million Tier 2 capital facility from British Business Investments to accelerate its growth plans.
FactsCynergy Bank has secured...
WealthKernel confirms Aqsa Tariq as new chief financial officer
Aqsa Tariq named Chief Financial Officer (CFO) of WealthKernel, a digital investment infrastructure provider. Tariq aims to enhance company growth through financial strategy execution....
ICYMI fintech funding round-up: Communion, CityPay & more
Weekly funding round-up featuring notable fintech funding announcements.
FactsCommunion, a new savings app founded by Daniel Hegarty, raised £2.5 million in pre-seed funding.
Investors...
Adyen shares tank following underwhelming H1 2023 results
Shares in Adyen have plummeted to a three-year low due to disappointing H1 2023 earnings, attributed to slower growth, increased competition, and hiring challenges.
Facts...
SEC brings the hatchet down on Wall Street’s bad recordkeeping with $289m in fines
The US Securities and Exchange Commission (SEC) has fined 11 Wall Street firms a total of $289 million for widespread "off-channel" communications using personal...
Mastercard Strive India launches to help small businesses go digital
Mastercard has introduced the Mastercard Strive India program, targeting the digital transformation of 500,000 Indian small businesses by 2025, focusing on micro-enterprises, women-led businesses,...
Singapore’s MVGX launches carbon SaaS subsidiary, appoints ex-BSI exec to take the lead
Singapore-based fintech MVGX launches a subsidiary, MVGX Tech, specializing in carbon Software-as-a-Service (SaaS) products and services, led by former BSI executive Frank Zhang. The...
Better.com gears up to go public through SPAC merger
New York-based digital mortgage lender Better.com is set to go public through an IPO by merging with SPAC Aurora Acquisition Corp, securing up to...

