The fintech contender Revolut was initially founded in July 2015 by Nikolay Storonsky and Vlad Yatsenko to primarily act as a low-fee money transfer provider. The duo had been inspired to form the company after becoming frustrated with high money transfer and foreign exchange fees while traveling.

Xceptor, the intelligent automation platform for financial markets, has appointed Craig Nickerson as Chief Financial Officer, effective January 2024. Craig supports the further strengthening of the Xceptor leadership team following the appointment of Fleur Sohtz as Chief Marketing Officer and Nikki Feare as Chief Human Resources Officer earlier this year.

Eurobase, an international software and service provider to financial institutions in over 25 countries has announced its new partnership with Genesis Global Insurance, who have selected Synergy2, to facilitate the expansion of their business. 

Flow48, a UAE-based fintech startup, recently announced a significant achievement in securing $25 million in pre-Series A funding.

This round includes a mix of equity and debt, attracting prominent investors such as Speedinvest, Daphni, 212, Blockchain Founders Fund, Unpopular Ventures, Endeavor Catalyst, and TLG. Notably, the funding round also saw participation from angel investors including Scott Sandell from NEA.

Valid8 Financial, a global leader in Verified Financial Intelligence (VFI), has successfully secured $8.5m in Series A funding.

This financial injection was led by Silverton Partners, with notable contributions from Touchdown Ventures, First Trust Capital Partners, CPA.com, and Capital Midwest.

Moody's Corporation today announced the launch of Moody’s Research Assistant, a first-of-its-kind search and analytical tool powered by generative artificial intelligence (GenAI). Leveraging Moody’s extensive proprietary content and the latest large language models (LLMs), the product helps customers generate new insights from the breadth and depth of Moody’s credit research, data, and analytics.

"2024 will be the year tap-to-pay technology becomes truly embedded in the way small businesses and sole traders take payments.

“Millions of people already manage their entire life through their smartphone, so for mobile devices to become the primary way we pay for things seems like a natural evolution.

Auriga, a leading software provider for the banking and payment industries, today unveiled new enhancements to its Lookwise Device Manager, amplifying its capabilities in securing ATMs against increasingly sophisticated cyber threats.

2023 has seen an unprecedented spike of news and discussions around artificial intelligence (AI) and machine learning (ML) — after decades of research in closed scientific circles, AI- and ML-driven technologies suddenly made their way among the most desirable consumer-facing solutions. Today, AI tools are used by millions of people for getting information and doing textual tasks (ChatGPT), creating images (Midjourney, Stable Diffusion, DALL-E), writing code (GitHub Copilot), and even making music (AIVA, Soundful).