FinChatBot, a creator of conversational AI solutions for the financial services industry, has attracted £1.2 million from Saviu Ventures, a French investment holding company which focuses on African startups; Mauritius-based Compass Vent

Following receipt of its banking licence with restriction on 6 October 2020, Monument has now signed agreements with a number of key technology providers to enable the build of its bespoke technology platform.

Avaloq Insight is a real-time data science cloud platform providing wealth managers and financial advisers with advanced levels of analytics. The new platform is designed to drive customer satisfaction and increase sales effectiveness based on big data technology.

Digital innovation taking place across the Fintech industry means businesses in the sector stand to gain the most from the UK government’s Patent Box scheme. However, HMRC data shows that few are capitalising on their innovation.

Global analytics and decision management provider FICO is providing decision optimization software to manage the growing consumer credit card portfolio for one of the biggest Turkish retail banks, Akbank.

Derivatives exchange ZUBR has received certification as an A+ Verified Exchange by institutional crypto ranking programme, Nomics.

The deep data integration required ZUBR to provide detailed information about the instruments listed on its exchange, feeding historical data on all executions to Nomics, as well as providing order book snapshots in order for Nomics to rank ZUBR among other exchanges.

SteelEye, the compliance technology and data analytics firm, has been selected by authorised Financial Services Provider, SCM DMA (Pty) Ltd. 

Regulated by the Financial Sector Conduct Authority in South Africa, DMA provides multi-asset execution, prime brokerage, trading technology and portfolio management solutions to institutional clients and their end customers. 

Leumi UK, the London subsidiary of Israel’s largest banking group, has selected Finastra, one of the world’s largest fintechs, to upgrade its core banking systems.

For Leumi UK, this is the culmination of an extensive bank-wide programme to boost the efficiency of internal processes. The upgrade provides a solid foundation on which to make further improvements to the speed and functionality of Leumi UK’s processes.

Acronis, a global leader in cyber protection, announced today the acquisition of CyberLynx, a leading Israel-based cybersecurity consultancy firm with a presence in the U.K., Switzerland, and Luxembourg. This acquisition marks Acronis’ third in the past year, which continues the company’s accelerated growth plan.