UK-based FinTech Stubben Edge Group (the Company) has today announced that it has secured a further £5.6m in investment. Once again, the round was oversubscribed and very well received by both existing and new shareholders, giving the Company a pre-money valuation of £175m and representing a 75% uplift on the previous fundraise. It further demonstrates investors’ confidence in the Group which enjoyed topline revenue growth of over 400% in 2022 and is forecasting similar growth this year.

Clausematch, a technology company developing solutions for regulatory compliance, today announced it has released the digital knowledge graph in open source. Regulators and financial services companies now have access to test the graph and see how regulation in a structured digital format works. The AI developments carried out by Clausematch underlying the release of the knowledge graph fundamentally transform the approach to the very understanding of regulation and how it can be delivered.

Over the next 12 months, we'll see more disruption as innovations, like company cards and joined-up expense management software, regulations, and business models, continue transforming the financial services landscape.

Artificial Intelligence (AI) is set to play a central role in the future of financial services, and advisors are already recognising the potential this tech has to offer – a resounding 98% believe AI will impact the future of financial advice.

Tarabut Gateway, MENA’s leading regulated open banking platform, announces two new appointments to its management team. 
Oussama Bouhcine joins as Vice President of Customer Success and Services and Derek Lakin joins as Vice President of Engineering.

Worldline, a global leader in the payments industry, has extended its long-standing relationship with MSC Cruises, the third-largest cruise brand in the world. Working together, Worldline and MSC Cruises will provide a personalised and homogeneous experience to their demanding cruise guests across Europe.

Coverflex, the flexible compensation solution that allows companies to reduce costs and maximises their people’s earning potential, is announcing a Series A €15 million led by SCOR Ventures.

Lyfeguard, a life planning assistant and document management platform, has launched its financial technology solution in the UK to streamline financial management and planning.

Challenger consultancy 11:FS has launched a new podcast, Fintech Insider: Focus, in partnership with Visa.

Co-hosted by 11:FS Group CEO and Co-Founder David M. Brear alongside regional experts from Visa, the show dives into challenges, opportunities, and trends across key regions with deep insights coming from Visa’s regional co-hosts and local guests.

ACI Worldwide, a global leader in mission-critical, real-time payments software, today announced the expansion of the global reach of its industry-leading, real-time payments software solutions. ACI now powers 25 domestic and pan-regional real-time schemes across six continents — including nine central infrastructures — providing solutions to central banks, participant banks, fintechs and other payment service providers.