ClearBank, the enabler of real-time clearing and embedded banking, today released its financial results for the year ended 31 December 2024 and 2024 Annual Report. These show the business has made progress on its growth strategy, positioning itself for long-term international expansion as it establishes its Group structure. The UK business posted annual pre-tax profits for the second year running, with strong growth in fee-based income, deposits and clients.

In a first for the SaaS industry, fintech Lemon is unveiling its 0% financing product, allowing businesses to finance their software subscriptions without any additional interest. 

FNZ, the leading global end-to-end technology platform serving wealth and asset  management businesses, today announces it has secured US$500 million in new equity funding.  

The company has secured the equity funding from its long-term institutional investors who remain closely  aligned with FNZ’s strategy and ambitions. 

Ayan Capital, a fast-growing provider of halal vehicle financing, has secured up to £25 million in Shariah-compliant financing facility from institutional debt provider Partners for Growth (PFG), a global private credit firm with a strong 20-year track record of backing high-growth technology and fintech companies in more than 20 countries. This investment reflects the rising demand for Islamic financial products in the UK and reinforces Ayan Capital's position as a key player in the sector.

Open Banking fintech, Yavrio, has announced it is now connected to corporate accounts at Wells Fargo, J.P. Morgan, Citi Bank, Bank of America and U.S Bank, the five largest banks in the US, as it expands internationally.

In “My Big Fat Greek Wedding,” Gus Portokalos famously claimed Windex could fix anything from psoriasis to poison ivy. Today’s fintech world seems to have found its own Windex in AI — a supposed cure-all for every business challenge. Just spray some machine learning algorithms, add a GenAI-powered chatbot, and watch your operational inefficiencies disappear and your margins grow! Yet as Klarna’s journey from “AI can do all jobs” to “humans are invaluable” demonstrates, the reality is far more nuanced.

HSBC Innovation Banking has today published its latest annual term sheet guide. These agreements outline the basic terms and conditions of a proposed investment, and the provisions included provide a unique window into the startup investment landscape.

In partnership with 27 leading law firms that advise on UK venture capital (VC) deals, the report analyses 588 completed term sheets with a combined value of £7.6 billion, comprising a third (33%) of UK VC deal volume, and 40% of total deal value in 2024. 

On-stage in Berlin, global financial technology company SumUp unveiled several new products and features at the second edition of its annual Beacon event. Since its founding in 2012, SumUp has delivered a consistent stream of sector-defining, merchant-empowering products, with these latest additions signalling the market fit and success of SumUp’s ecosystem products.

In a bold move reshaping the future of finance, Topicus proudly  announces the launch of Akkuro, a cutting-edge composable banking platform set to revolutionize  how financial institutions innovate, scale, and serve their customers. 

Banks are facing mounting challenges in implementing the European Central Bank’s (EBC’s) new intraday liquidity guidelines, according to industry feedback gathered by Planixs, the leader in real-time liquidity management solutions.