Encompass Corporation, the provider of the leading Know Your Customer (KYC) automation platform, has been named in FinTech Global’s RegTech100 2023 list.

London fintech unicorn Zopa bank has bucked the trend of layoffs sweeping across the tech sector as it vows to continue hiring and raise minimum salaries more than 20% to £27,000.

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For the third time in four years, Clausematch has been selected for the annual RegTech100 list. The list recognizes innovative technology solution providers from around the world with a special focus on compliance, risk management, information security, and financial crime.

PayU, the leading online payment service provider operating in 50 high-growth markets, today announces the appointment of Keren Ben Zvi as Head of Data of the Global Payment Organization.
With over 15 years of experience in data strategy, Keren specialises in business analytics, machine learning and data architecture. Prior to joining PayU she served as Vice President of Data at Perion, a global technology innovator in the digital advertising ecosystem.  

Goji, an FCA-regulated, UK-based technology provider that offers investors digital access to alternative investments, today announced its partnership with global financial services provider Apex Group Ltd. (“Apex Group”) to enable alternative asset management clients to seamlessly manage all stages of the investor lifecycle.

BNY Mellon and Baton Systems (“Baton”), the global fintech digitally transforming post-trade processing using distributed ledger technology (DLT), announced today a new collaboration to integrate Baton’s market-leading Core-Collateral™solution into BNY Mellon’s collateral management platform.

Two of Sweden’s fastest-growing fintech companies are joining forces in a partnership to provide easier and more accessible growth financing for retailers that import goods. A unique, simple, and completely digital credit scoring process enables small and medium-sized businesses to quickly get financing with fair terms and rates. The partnership will launch in Sweden and the UK, with the ambition to expand across Europe.

Spice Money (subsidiary of DiGiSPICE Technologies), India’s leading rural fintech, which is revolutionizing the way Bharat banks, announced the appointment of new board members, Mrutyunjay Mahapatra and Veena Mankar.  Mruntyunjay and Veena, with their rich expertise and experience spanning across decades, will enable Spice Money to be at the forefront of the rural fintech revolution bringing digital financial accessibility to India’s unbanked and underserved population.

Tide, the UK’s leading SME-focused business financial platform announced today the launch of the Tide app in India. The business financial platform has introduced two business banking solutions – the Tide Business Account and its RuPay-powered Tide Expense Card. Tide aims to onboard half a million SMEs in India over the next 24 months.

Global private market exchange ADDX has fractionalised a venture debt fund by Innoven Capital, bringing down the minimum subscription size for individual accredited investors to US$20,000, from US$5 million. Innoven is a joint venture between Seviora Holdings – a wholly owned subsidiary of Temasek Holdings – and UOB.