Innovations in fintech continued to evolve over the course of 2023. Leading into 2024, Gen Z continues to lead the way with fintech service adoption as digital wallet use surges, and the adoption of AI advances the industry.

Alternative finance lender, Reward Finance Group, has further strengthened its presence in London and the South East by appointing a new business development director to support its continued growth.

Shami Sharma joins Reward having worked within the financial sector for over 40 years. He spent the majority of his early career in banking roles at Natwest and Metro Bank before moving more recently into the alternative lending space.

Mastercard and WestJet announce the long-term extension of their partnership agreement, expanding beyond powering transactions by innovating the travel and purchasing experience for customers while always prioritizing security and trust.

Amidst ongoing high interest rates and geopolitical flux, Demica, a leading fintech supporting the trade finance programmes of the world’s major banks and corporations, offers its 2024 forecast for the sector.

After a show of resilience to the pandemic and a particularly strong 2021, private markets have seen falls in value, particularly in technology and life science sectors, although it should be remembered that this was after a period of significant gains. Both life-sciences and technology feature heavily in the investment strategies of many VC funds and the decline in valuations has been widely reported.

A simple lack of understanding of pensions – what they are and how they work - could be preventing workers from saving for their retirement, according to research from Moneyhub, the award-winning data and payments platform built on Open Banking and Open Finance principles.

Atomix.cc, a pioneer in smart communication technology, was recognized as the ‘Best Cybersecurity Solutions Provider’ at the London Summit Awards 2023 ceremony last month.

As we continue to navigate the evolving payments landscape, SoftPoS has emerged as a revolutionary force propelling us towards an increasingly cashless future. While a fully cashless future may be aspirational in theory, the unmistakable trend towards reduced cash dependency is reshaping the way businesses are operating globally.

Xeol, the New York City-based cybersecurity company, announced today that it raised $3.2 million in Seed funding led by Shield Capital with Y Combinator and 468 Capital also participating. 

Andalusia Labs, a blockchain security solutions firm, has raised $48 million in a Series A funding round, achieving a valuation of $1 billion.