November 25, 2023 @ 2:18 pm By Omar Faridi  |  

New research from online pension provider, PensionBee, reveals a notable enthusiasm among c.1,000 UK pension holders “for the recently announced ‘pot for life’ pension model.” Over three-quarters (76%) of pension savers “expressed that they would consider opting for the new model, while only 5% of… Read More

 Tagged becky o’connor, europe, online pension provider, pensionbee, pensions, research, uk, united kingdom

November 25, 2023 @ 2:15 pm By Omar Faridi  |  

Funding Circle (LSE: FCH), the UK’s SME lending platform, and Atom bank, the UK’s first app-based bank, announce a new lending partnership that “will provide up to c.£150m of funding to small businesses.” Atom bank is a “long-standing” and returning investor in the Funding Circle… Read More

 Tagged atom bank, europe, financial services, financing, funding, funding circle, lending, small businesses, smbs, sme's, uk, united kingdom

November 25, 2023 @ 2:11 pm By Omar Faridi  |  

PonchoPay says it is on a mission to streamline payments in the childcare ecosystem. PonchoPay has raised 98% (£393,383) of its £400,012 target from 86 investors with 26 days left in the firm’s crowdfunding campaign, carried out via Seedrs. Based in London, United Kingdom, Ponchopay… Read More

 Tagged crowdfunding, digital financial services, europe, financial services, fintech adoption, fundraising, investing, payments, seedrs, uk, united kingdom

November 25, 2023 @ 2:08 pm By Omar Faridi  |  

Pitchbook notes that their extensive Country Snapshot series provides an overview of both macroeconomic and microeconomic trends in the region, “covering various countries across Europe.” Pitchbook researchers look at how “both public and private data points have trended in Q3 for the UK.” As noted… Read More

 Tagged europe, pitchbook, research, uk, united kingdom

November 25, 2023 @ 6:05 am By Omar Faridi  |  

Trafalgar, a Mexico-based financial services provider for SMEs (regulated SOFIPO), today announces its partnership with Thought Machine, the cloud-native banking technology company, to create Mexico’s first fintech deployed on next-generation core technology. Trafalgar will use Thought Machine’s core banking platform, Vault Core, and develop a… Read More

 Tagged banking, cloud, digital technology, financial services, fintech adoption, fintech trends, latam, latin america, mexico, paul taylor, porfirio sanchez talavera, small businesses, smbs, sme's, thought machine, trafalgar

November 24, 2023 @ 10:49 pm By Omar Faridi  |  

HAATCH SEIS Fund is an SEIS fund focused “on accelerating Pre-Seed B2B SaaS companies to their first £1m ARR and building the infrastructure to get to £10m+.” HAATCH SEIS Fund has raised £377,873 in capital via Crowdcube from 121 investors (at the time of writing) with… Read More

 Tagged crowdcube, crowdfunding, europe, fundraising, investing, investments, seis, uk, united kingdom

November 24, 2023 @ 10:15 pm By Michael Wong  |  

The Monetary Authority of Singapore (MAS) has released its final set of regulations to enhance the oversight of Digital Payment Token (DPT) services, following up on its initial legislative amendments in July 2023. MAS said in a statement that the consulted proposals detail business conduct… Read More

 Tagged digital payment, monetary authority of singapore, singapore, token

November 24, 2023 @ 7:22 pm By Michael Wong  |  

Indian fintech startup Kiwi has announced raising $13 million in a Series A funding round anchored by Omidyar Network India. The round, which followed the startup’s $6 million funding, was also backed by existing investors Nexus Venture Partners and Stellaris Venture Partners. Founded in November… Read More

 Tagged credit card, fintech, india, kiwi, omidyar network

November 24, 2023 @ 5:52 pm By Michael Wong  |  

The Hong Kong Monetary Authority (HKMA), together with the Hong Kong Association of Banks (HKAB) and the banking sector, support the launch of the Anti-Deception Alliance (ADA) by the Hong Kong Police Force (HKPF). ADA is expected to strengthen the capability of the anti-money laundering… Read More

 Tagged ada, financial crime, hkma, hong kong

November 24, 2023 @ 5:47 pm By Omar Faridi  |  

Australia’s mutual banks, building societies and credit unions (the “Mutuals”) increased total assets by 2.5 percent to $163.1 billion in the 2023 financial year, “compared to last year’s 8.4 percent jump (to $159.1 billion).” At the same time, overall operating profits before tax increased “by… Read More

 Tagged australia, building societies, credit unions, kpmg, research, Research Report, Research Study