January 19, 2024 @ 6:15 pm By Omar Faridi  |  

Kashable, a fintech platform that provides socially responsible credit and financial wellness solutions as an employer-sponsored voluntary benefit, announced a Series B capital raise of $25.6 million. The round was reportedly “co-led by Revolution Ventures and Moneta Ventures, with participation from EJF Capital and Krillion… Read More

 Tagged credit, einat steklov, financial wellnessm, fintech adoption, funding, investment round, kashable, rishi kumar

January 19, 2024 @ 2:14 pm By Omar Faridi  |  

EquiLend, a global data and analytics company for securities, has announced that private equity firm Welsh, Carson, Anderson & Stowe (WCAS) has agreed to acquire a majority stake in the company. The acquisition is set to close in Q2 2024, “subject to regulatory approvals.” In… Read More

 Tagged acquisition, analytics, brian lamb, data, digital technology, equilend, private equity, ryan harper, securities finance, wcas

January 19, 2024 @ 2:12 pm By Omar Faridi  |  

Barclays has relaunched its Cambridge Eagle Lab with a renewed focus on “helping high growth climate tech startups to connect, grow and scale.” The site has undergone a significant retrofit, “with the goal of reducing its carbon emissions by 90 per cent compared to 2018.”… Read More

 Tagged barclays, climate, europe, uk, united kingdom

January 19, 2024 @ 8:41 am By Omar Faridi  |  

SME current account switching is now at the lowest level it’s been in the last decade, according to an update shared by Allica Bank. New data analyzed by Allica Bank reportedly “shows disappointingly low levels of bank switching by small and medium sized businesses over… Read More

 Tagged allica bank, banking, europe, research, uk, united kingdom

January 19, 2024 @ 6:44 am By Omar Faridi  |  

Mastercard (NYSE: MA) says that it is focused on unlocking efficiencies in B2B healthcare payments through innovative partnership As noted in an update from Mastercard, the firm will assist with “scaling the use of virtual cards to bring faster payments and reconciliation to healthcare providers… Read More

 Tagged healthcare, mastercard, payments, raja rajamannar

January 18, 2024 @ 10:45 pm By Omar Faridi  |  

Treasury Prime, an embedded banking software company, is powering a new strategic partnership between FirstBank, a Tennessee Corporation, Member FDIC, and High Circle, a banking and investment platform, designed to “minimize risk and maximize returns for business owners and high-net-worth individuals whose needs are not… Read More

 Tagged banking, embedded banking, firstbank, high circle, high net worth individuals, investment platform, tennessee corporation, treasury prime, united states, us

January 18, 2024 @ 10:07 pm By Omar Faridi  |  

Current, the U.S. fintech platform dedicated to empowering Americans in pursuit of a brighter financial future, announced a partnership with Column Tax, the embedded tax provider offering next generation tax products. This partnership will aim to “save millions of Americans much-needed money this tax season… Read More

 Tagged column tax, current, gavin nachbar, Stuart Sopp, taxes

January 18, 2024 @ 10:02 pm By Omar Faridi  |  

ComplyAdvantage has launched its annual report into fraud, money laundering, and financial crime: The State of Financial Crime 2024. The latest research report identifies “the criminal use of artificial intelligence (AI) as an emerging fraud challenge while revealing that most financial institutions are investing in… Read More

 Tagged ai, artificial intelligence, compliance, complyadvantage, financial crime, fraud, insights, regtech, research, Research Report

January 18, 2024 @ 5:57 pm By Omar Faridi  |  

Neo, the cross-border payments and FX fintech, has announced that the firm is now profitable as an increasing number of SMEs explore alternatives to banks for managing their international business needs. The Barcelona-based fintech which provides “a one-stop-shop multi-currency account for corporate treasurers recorded an… Read More

 Tagged barcelona, EU, europe, laurent descout, neo, spain

January 18, 2024 @ 1:19 pm By JD Alois  |  

  The Cambridge Centre for Alternative Finance (CCAF) was at Davos, Switzerland, today to present their latest findings on the Fintech revolution at the World Economic Forum.  The Future of Global Fintech: Towards Resilient and Inclusive Growth was published this month and introduced today, outlining… Read More

 Tagged cambridge centre for alternative finanance, ccaf, davos, drew propson, uk, united kingdom, wef, world economic forum