Benzinga has announced Wealth Access, the leading customer data insights platform, as a finalist in the Best New Product category for the Benzinga Global Fintech Awards program. The Benzinga Fintech Awards showcase companies and executives from areas such as investing, technology, leadership, financial literacy, and more.

Arch, a private investment management platform modernizing K-1 workflows, automating operations, and simplifying reporting for financial professionals, today announced that it has raised $20 million in Series A funding. This round was led by Menlo Ventures, with participation from existing investors Craft Ventures and Quiet Capital, as well as new investors Carta, Citi Ventures, GPS Investment Partners, and Focus Financial Partners.

Almond FinTech, a B2B technology company bridging the worlds of fiat and digital currency, is excited to announce a new funding milestone of $7 million. The funding will help broaden Almond’s rapidly expanding network in Asia, the Americas, and Africa while reinforcing its commitment to making financial services affordable and accessible to people everywhere.

Education is a lever of economic growth and social development in any country but poor quality state school provision often drives many families to fee-paying schools. Helping these families manage the financial challenges of school fees, EduFi is today announcing a $6.1m funding round for its Study Now, Pay Later lending platform. It has launched in Pakistan, a country where 40% of students are attending a fee-paying school and spending over $14 billion for their education every year.

Wise Platform, Wise’s infrastructure solution for banks and major enterprises has joined forces with Agoda, a digital travel platform, to provide faster and more convenient payment options for travellers worldwide. 

London-based fintech Silverbird has made a senior appointment, hiring Daan de Voogd as its new Chief Operations Officer (COO). 

The creator economy has witnessed exponential growth in recent years, with creators spanning various platforms amassing vast followings and influencing consumer behavior. According to Goldman Sachs, the creator economy is expected to grow substantially, reaching a staggering $480 billion by 2027.

When it comes to innovation, the financial services (finserv) industry has been notoriously slow. However, a new wave of new digital tools is transforming this. In fact, 74% of banks are attempting to accelerate their digital transformations in 2023. Despite this, the finserv sector is still reeling from a tumultuous period that has led to a nosedive in consumer trust.

iDenfy, a global RegTech startup best known for its ID verification and fraud prevention tool hub, announced a new partnership with SoftGenius, a software development company specializing in crafting premier iGaming solutions. iDenfy's identity verification and AML solutions will assist in the screening and onboarding process of SoftGenius's expanding customer base.

Broadridge Financial Solutions, Inc., a global Fintech leader, has won the Best Corporate Actions Technology Award at the Asset Servicing Times Industry Excellence Awards, for the second consecutive year.