June 15, 2024 @ 11:54 am By Tony Zerucha  |  

This week, Neon Money Club, a lifestyle finance platform that created The Cream Car on the Amex Network, launched the interactive financial wellness game and resource center Get the Bag. Get the Bag is designed to use raw fun to educate people on financial fundamentals. Inspired by No Internet… Read More

 Tagged financial literacy, financial wellness, Get the Bag, Jackie Liao, Luke Bailey, Neon Money Club

June 15, 2024 @ 10:08 am By Michael Wong  |  

Ant Group, the Fintech arm of Chinese tech major Alibaba, ramped up its research and development expenditures to a record 21.2 billion yuan ($3.05 billion) last year, according to its latest sustainability report. This move highlights the company’s increasing focus on technology innovations, including artificial… Read More

 Tagged alibaba, ant group, artificial intelligence, data, tech

June 15, 2024 @ 9:21 am By Michael Wong  |  

AccountsIQ, a cloud-based accounting platform, has raised €60 million (about $64 million) in a Series C funding round anchored by business-to-business (B2B) software-as-a-service (SaaS) growth equity fund Axiom Equity. The investment is set to bolster AccountsIQ’s product development, enabling the firm to integrate advancements in… Read More

 Tagged accounting, AccountsIQ, ai, finance, fintech

June 15, 2024 @ 8:16 am By Omar Faridi  |  

BVNK, a London-based firm focused on payments innovation, enhanced its stablecoin liquidity operations by leveraging Talos’ advanced trading technology and extensive partner network. This collaboration has added new liquidity providers “at significantly reduced integration times, resulting in a nearly two-fold increase in trading volumes –… Read More

 Tagged bvnk, payments, stablecoin, talos, uk, united kingdom

June 15, 2024 @ 7:00 am By Omar Faridi  |  

UK Finance released its latest Household Finance Review for Q1 2024, exploring trends across household, spending, saving, and borrowing. Mortgage borrowing in Q1 was down “compared with the same period the year before, despite growth in mortgage applications at the end of 2023.” Consumer spending… Read More

 Tagged research, uk, uk finance, united kingdom

June 15, 2024 @ 5:37 am By Omar Faridi  |  

TrueLayer, Europe’s open banking payments network, announces a partnership with digital lender Jaja Finance to enable credit card repayments. Jaja will leverage TrueLayer’s payments product “to offer instant pay-ins, allowing customers to make one-off credit card repayments directly from their bank account.” This functionality is… Read More

 Tagged europe, jaja finance, open banking, truelayer

June 14, 2024 @ 11:01 pm By Omar Faridi  |  

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce that it has signed a cooperation agreement with a unit of Shenzhen Stock Exchange (SZSE), to support the development of HKEX’s Integrated Fund Platform (IFP). This cooperation will see Shenzhen Securities Communication Co. Ltd… Read More

 Tagged china, hkex, hong kong, integrated fund platform, shenzhen stock exchange

June 14, 2024 @ 6:17 pm By JD Alois  |  

BNP Paribas Personal Finance UK has commented on its most recent cohort of its UK Fintech Incubator Programme. In an event held at STEAMhouse, eight Fintechs showcased their products, which are focused on how to harness data to enhance engagement with customers in the financial… Read More

 Tagged bnp, BNP Paribas Personal Finance UK, stephen hunt, UK Fintech Incubator Programme

June 14, 2024 @ 5:18 pm By Omar Faridi  |  

Remote working Fintech Deel has introduced a new AI tool for enhancing various tasks. Deel says that this Ai tool helps with double-checking compliance rules. It assists with digging into your global workforce data, and then “making smarter business decisions faster using AI.” As explained… Read More

 Tagged ai, artificial intelligence, deel, digital technology

June 14, 2024 @ 5:17 pm By Omar Faridi  |  

The world of SaaS startup fundraising is unique, according to an extensive update from Capchase. It’s fast-paced, data-heavy, and can be “unpredictable at times,” Capchase notes in a blog post. As explained by Capchase, today’s funding landscape “has more to offer founders than ever before.”… Read More

 Tagged capchase, fundraising, saas, startups