It has been estimated that by 2022, the total amount of fintech businesses involved in Payments & Transfers, Alternative lending, E-Wallets and Digital-banking increased from 34 to 1254. This is a massive 3588% rise over the two decades, accounting for 15.4% of all operational fintech companies.

British Business Investments today announces that it is providing a £25m facility to Tower Leasing Limited. The transaction will be structured as a block discounting agreement that will allow Tower Leasing to provide funding support to smaller businesses looking to acquire business-critical assets to accelerate their growth.

Mollie, one of the fastest-growing financial services providers in Europe, has today shared that many of its partners are reporting a significant increase in appetite for headless solutions. Mollie has already developed a strong network of partners in the headless and composable commerce ecosystem, offering integrations with leading partners in the space such as Shopware and commerce tools.

Smart money app Plum has expanded its investment offering to 3,000 US stocks. This means it now provides one of the broadest ranges of equities among commission-free investment platforms. 

New stocks for 2023

NEAR today announced it has joined Ledger Live, enabling users to send, receive and stake (powered by Figment) their NEAR tokens through the Ledger Live app.

To address recent regulatory changes, SNB Capital has chosen global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE:BR), to help build its local securities lending and borrowing business. As the largest broker and asset manager by market share in 2022 and a leading custodian in Saudi Arabia, SNB Capital will leverage Broadridge’s Securities Finance and Collateral Management (SFCM) solution to grow the coverage of its Securities Services offering on local assets.

London-based, green fintech ekko is gearing up for a year of sustained growth. Today, the company revealed a series of unique product updates, and has opened up its service to employers, banks and payment providers for the first time. These exciting announcements come ahead of the imminent announcement of the company’s expert advisory board. 

3rd CIS Islamic Banking and Finance Forum will be held in Tashkent -Uzbekistan on March 14, 2023, with the theme to explore the untapped potential of Islamic Finance market of CIS countries and to adopt the latest trends, address the challenges and discover the new opportunities in Islamic financial industry of Central Asia. AlHuda CIBE is organizing the 3rd CIS Forum with the support of Uzbekistan Banking Association (UBA).