Tag: fintech
The 10 Biggest Fintech Companies In America 2023
10 most valuable private fintechs in the U.S.:
Stripe: $50 billionLast raise: March 202313-year-old Stripe processes payments for online businesses. It rode the pandemic’s ecommerce...
Google Cloud launches AI-powered AML offering for financial institutions
Google Cloud has launched a new tool called Anti-Money Laundering AI (AML AI), which uses artificial intelligence to help financial institutions detect money laundering....
Mastercard and Bankiom to launch virtual prepaid cards across the GCC
Mastercard has partnered with Bankiom, a UAE-based banking app, to launch virtual prepaid cards across the Gulf Cooperation Council (GCC) region. This collaboration aims...
Digital banking tech provider Backbase acquires wealthtech Nucoro
Digital banking tech provider Backbase has acquired UK-based digital wealth platform Nucoro for an undisclosed amount. Backbase plans to integrate Nucoro's offerings into its...
ICYMI fintech funding round-up: Kanastra, Majority & Cloudbanking
Here are the key funding updates in the fintech industry:Brazil-based Kanastra raises $13 million in a seed round to enhance its capital markets...
Kroo raises current account interest rates to 3.85%
Kroo, a fully licensed UK digital bank, has announced an increase in its current account interest rate to 3.85% AER on 1 July 2023....