The Clear Group has selected leading software provider AutoRek to drive efficiency across its business by automating some key operational processes. This latest investment in technology and data is a key part of Clear’s growth strategy and will enhance the client journey.

CompoSecure, Inc., a leader in metal payment cards, security, and authentication solutions, today pointed to a growing need that could alter the payment security landscape in 2024. The company's CEO, Jon Wilk, anticipates a new era of payment cards designed to counteract the rampant challenges posed by fraud, data breaches and the prevailing password crisis.

COCA, in partnership with Wirex, a leading Web3 money app, has unveiled the world's first Multi-Party Computation (MPC) wallet accompanied by a non-custodial debit card.

This innovative product marks a significant step forward, combining the security of MPC technology with the practicality of everyday financial tools.

Reseda Group, a wholly owned credit union service organization of MSU Federal Credit Union (MSUFCU), today unveiled its Ever Green Financial Wellness Center, a new interactive platform designed to

Orange Finances Money Mali, a leading Electronic Money Establishment and subsidiary of Orange Mali, is proud to announce a groundbreaking partnership with TerraPay, a global cross-border payments network with an extensive reach. This partnership marks a significant milestone in the digital financial landscape for Mali, connecting over 12 Million Malians to the vast diaspora residing across the globe, including other African countries.

HitPay's Tap to Pay on iOS is the latest in its suite of innovative commerce solutions that facilitate seamless payments for merchants and customers.

HitPay has launched Tap to Pay on iOS in Australia, Canada, France, the UK, and the US. This feature lets businesses accept contactless payments using their iOS devices, without needing a separate card terminal or POS hardware.

Nu Colombia, a subsidiary of Nubank in the country, announced that the Financial Superintendence of Colombia (SFC) has officially approved its application to operate as a financing company. This achievement not only marks a significant milestone for Nu Colombia but also paves the way for the expansion of its product portfolio into savings with the upcoming launch of Cuenta Nu, a pivotal move for its long-term vision for the country. 

FusionIQ, a leader in the delivery of cloud-based wealth management solutions with their all-in-one digital platform for financial institutions, today announced a partnership with Kinecta Federal Credit Union. The integrated FusionIQ One platform makes it easy for banks and credit unions to offer additional investing services focused on retaining customers while growing their membership base.

Paymob, the leading financial services enabler in the Middle East, North Africa, and Pakistan (MENA-P) has announced its partnership with Tamara, the leading shopping and payments platform in the GCC region.  

The Tracxn Geo Annual Report: UK FinTech 2023, based on our extensive database, provides a round-up of funding and other major developments in the UK FinTech space in 2023. 

In terms of funding, the UK FinTech startup ecosystem ranks second after the US, in 2023. The country has more than 13,000 companies in the FinTech space, accounting for nearly 10% of all FinTech companies worldwide.