September 3, 2025 @ 6:15 pm By Omar Faridi  |  

Kapital, a Mexico City-based financial services company, has successfully raised $100 million in a Series C funding round, achieving a valuation of approximately $1.3 billion. This milestone underscores Kapital’s steady growth and aims to position it as a key player in the region’s fintech sector,… Read More

September 3, 2025 @ 6:14 pm By Omar Faridi  |  

In a recent cyberattack, hackers recently infiltrated the systems of Sinqia S.A., the Brazilian subsidiary of fintech Evertec, in an audacious attempt to siphon off $130 million. The breach, which has sent shockwaves through the financial technology sector, underscores the growing threat of cyberattacks on… Read More

 Tagged brazil, cyber, evertec, hack, latam, security breach, sinqia, Sinquia

September 3, 2025 @ 6:13 pm By Omar Faridi  |  

Chime Enterprise, the enterprise division of financial technology company Chime (NASDAQ: CHYM), announced that Ubiquity, a customer experience management and business process outsourcing (BPO) provider, has signed on as its newest employer partner. Through the partnership, Ubiquity employees now have access to the full range… Read More

 Tagged chime, financial wellness, ubiquity

September 3, 2025 @ 11:31 am By Omar Faridi  |  

Despite a turbulent first half of 2025 marked by market volatility and economic uncertainty, affluent U.S. investors remain largely optimistic about their financial portfolios, with eight in ten expressing satisfaction with their performance. According to the FTSE Russell 2025 Wealth Pulse Survey, conducted by the… Read More

 Tagged financial services, insights, lseg, research, wealth management

September 3, 2025 @ 10:07 am By JD Alois  |  

Pave Finance has raised $14 million in Seed financing in a funding round that was said to be oversubscribed. Pave, which just announced its commercial launch, is an artificial intelligence (AI) platform for personalized wealth management. The funding was said to come from former executive… Read More

 Tagged funding round, pave financial, wealthtech

September 3, 2025 @ 8:24 am By Omar Faridi  |  

Wise (LON:WISE), a global Fintech known for its focus on international transfers, is reportedly contemplating a significant shift in its business model by exploring the possibility of becoming a fully licensed bank in the United Kingdom. According to recent reports, the company has initiated discussions with… Read More

 Tagged banking license, payments, uk, united kingdom, wise

September 3, 2025 @ 8:20 am By Omar Faridi  |  

Artificial intelligence has reportedly moved from pilot to performance for UK financial institutions. According to the latest Lloyds’ Financial Institutions Sentiment Survey, the sector is entering a new phase of AI maturity, with firms reporting tangible business benefits and “increased investment in the technology over… Read More

 Tagged ai, artificial intelligence, lloyds bank, survey, uk, united kingdom

September 3, 2025 @ 2:19 am By Michael Wong  |  

Amartha, an Indonesia-based platform for entrepreneurs, announced it has secured a digital wallet license from Bank Indonesia and transformed into Amartha Financial Group. The company is expanding beyond microloans into digital payments, micro-investments, and other financial services for Indonesia’s rural economy, which employs over 40… Read More

 Tagged amartha, digital wallet, indonesia

September 3, 2025 @ 2:18 am By Omar Faridi  |  

Australia is grappling with a rising tide of scams, and new data from Westpac has pinpointed the nation’s scam hotspots, with Sydney’s Central Business District (CBD) emerging as the most scammed postcode in the country. The findings, based on customer reports to Westpac, highlight that… Read More

 Tagged ausrtralia, fraud, insights, scams, westpac

September 3, 2025 @ 12:30 am By Omar Faridi  |  

Aberdeen Group plc, a UK-based wealth and investments firm, has recently announced significant strategic moves aimed at sharpening its focus and enhancing its offerings in the evolving financial landscape. This month, Aberdeen unveiled a partnership with Titanbay, a European private markets infrastructure provider, to streamline… Read More

 Tagged aberdeen, investments, titanbay, uk, united kingdom, wealth management