Axyon AI, a leading AI provider for the asset management industry, today announces the appointment of Mr. Massimo Tosato as Advisory Committee member.

Harnessing his extensive experience in the asset management and fintech industries, and as an entrepreneur himself, Mr. Tosato will join Axyon AI’s committee to support the Italian AI fintech with its growth and development.

Ondato, a technology company that streamlines AML and KYC processes, has begun marketing its highly accurate, AI-powered OCR (Optical Character Recognition) technology as a stand-alone solution for other ID vendors. Ondato’s OCR automatically identifies and uses relevant personal information from identity documents during onboarding. 

Today, ConsenSys,  a market-leading Web3 company, revealed that MetaMask, the world’s leading self-custody wallet, and MoonPay, the leading web3 infrastructure company, have expanded their offering in Nigeria.

This is the seventh edition of FT 1000: Europe’s Fastest Growing Companies – a list of the fastest growing companies in Europe. iBanFirst, the reference for new generation international payments, ranks for the fourth consecutive year on the list, rising from 815^th to 378^th place.  

Fintech apps have increased their rate of penetration in Southeast Asia by 3.3 times over the last five years. In 2023, it is to grow by another 2 p.p. , as forecasted by the analytical centre of Robocash Group.

UK-based bank Griffin is building a full-stack, API-first Banking-as-a-Service platform to help fintech to build, launch and scale financial products fast. The bank recently received authorisation with restrictions from the Prudential Regulation Authority and launched its sandbox, a comprehensive test environment that lets developers test their fintech applications and build prototypes. 

PEXA, the fintech behind the world’s first digital property exchange platform and process, has today confirmed a range of collaborations, as it continues to grow with a focus on making the remortgage, buying and selling process better for UK consumers.

Financial technology company Circle believes the collapse of Silicon Valley Bank shows the need for its USDC stablecoin to be backed by the U.S. Federal Reserve with its U.S. dollars held at the Fed.