Network International, a leading payment processor in the Middle East and Africa, faces disruption from new fintech startup Enza, founded in 2022 by former executives.…
The fintech landscape is being reshaped by two key innovations: quantum computing and artificial intelligence (AI). Quantum computing poses challenges to traditional cryptography, leading to…
This week, FinTech funding totaled $399 million across 23 deals, with sectors such as FinTech, CyberTech, and InsurTech seeing notable activity. European and US firms…
In 2024, the European FinTech sector faced significant challenges, with total funding dropping to $18.4 billion, a 47% decline from 2023, and deal volume plummeting…
ClearGrid, an innovative FinTech focused on AI-driven debt collection, has emerged from stealth mode with $10 million in funding to transform debt resolution in the…
Tala, a global financial infrastructure company, has secured a $150 million debt facility from Neuberger Berman to accelerate its growth in Mexico. The facility includes…
The fintech industry has undergone notable changes post-pandemic, facing challenges like the shutdown and acquisition of the startup Bench in 2024. Despite a decrease in…
Virgin Money is enhancing its customer experience by allowing users to manage credit card and current account balances from multiple banks via its Credit Card…
In 2024, LATAM FinTech funding declined to $2.4 billion across 140 deals, a 13% drop from 2023 and a 56% decrease in transactions since last…
Texas-based neobank Zolve has raised $251 million in its largest funding round to date, increasing its valuation to approximately $800 million. Led by Creaegis, an…