April 26, 2024 @ 7:57 am By Omar Faridi  |  

The British Business Bank has appointed Kristen McLeod CBE as its new Chief Strategy Officer, effective from September 2024. Kristen joins the British Business Bank from HM Treasury, “where she has served as Advisor to the Chancellor of the Exchequer on Growth, Investment and Business… Read More

 Tagged british business bank, uk, united kingdom, women changing finance

April 25, 2024 @ 11:31 pm By Michael Wong  |  

BillEase, a buy now, pay later (BNPL) app and consumer finance platform in the Philippines, announced a $5 million investment from Saison Investment Management Private Limited (SIMPL), the offshore lending arm of Saison International Pte. Ltd. This funding is part of an expansion that doubles… Read More

 Tagged BillEase, bnpl, helicap, Philippines, Saison Investment

April 25, 2024 @ 11:11 pm By Omar Faridi  |  

Maybank announced the launch of Maybank Goal-Based Investment, a beginner-friendly digital retail investment tool that allows customers to kickstart their financial wealth journey easily and conveniently. Available on MAE App and Maybank2u Web, the latest investment feature empowers customers to “achieve their financial goals through… Read More

 Tagged digital investments, investing, malaysia, maybank

April 25, 2024 @ 10:28 pm By Michael Wong  |  

The Philippine digital banking sector has attracted more than $700 million in investments from both global and local sources since 2021, demonstrating robust investor confidence and a rapidly growing market, according to a statement released by the Digital Bank Association of the Philippines (DiBA PH)…. Read More

 Tagged banking, digital bank, Digital Bank Association of the Philippines, Maya Bank, online banking, Philippines

April 25, 2024 @ 9:33 pm By Omar Faridi  |  

API infrastructure Fintech Setu has announced the appointment of Anand Raisinghani as its new CEO. Anand is said to vast experience in “building high-performance teams and joins at a time when consent-based structured data sharing via the Account Aggregation model is gaining prominence.” Prior to… Read More

 Tagged india, new appointments, pine labs, southeast asia

April 25, 2024 @ 6:25 pm By Omar Faridi  |  

symplr, a provider of enterprise healthcare operations software, announced a partnership integrating award-winning healthcare worker payments technology from Branch, a workforce payments platform. With the integrated pay solution, the symplr Contingent Talent Management (CTM) platform offers healthcare staffing firms automated options along “with free, same-day… Read More

 Tagged Branch, fintech adoption, payments, workforce payments

April 25, 2024 @ 4:13 pm By Omar Faridi  |  

Commenting on the UK Financial Conduct Authority (FCA)’s strategic approach to the use of Artificial Intelligence in the UK financial services sector, Karim Haji, global and UK head of financial services at KPMG, said: “It’s hard to overstate the potential capabilities of AI for a… Read More

 Tagged ai, artificial intelligence, fca, uk

April 25, 2024 @ 4:07 pm By Omar Faridi  |  

Airwallex, a global payments and financial platform for modern businesses, today announced the U.S. launch of its payment acceptance solution. U.S.-based merchants can use the service “to accept payments from domestic and international customers.” Additionally, foreign merchants with U.S. entities can “provide a localized payment… Read More

 Tagged airwallex, Cross-Border Transactions, payments

April 25, 2024 @ 10:45 am By Michael Wong  |  

Wealthtech startup Midas, which specializes in democratizing retail investing, has secured $45 million in Series A funding to expand its financial services offerings. The funding round was led by Toronto-based venture capital firm Portage, known for its significant investments in the Fintech sector, including a… Read More

 Tagged fintech, midas, portage, venture capital, wealthtech

April 25, 2024 @ 10:06 am By Michael Wong  |  

New York-based Fintech firm Finsight Group Inc announced its acquisition of T-REX, a cloud-native platform known for its capabilities in modeling and managing complex investments across private credit, structured credit, and project finance. The acquisition includes the onboarding of Benjamin Cohen, founder and CEO of… Read More

 Tagged Financial Modeling, Finsight, fintech, t-rex