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Fintech Will Be a $1.5 Trillion Industry by 2030

Fintech revenues are projected to grow sixfold from $245 billion to $1.5 trillion by 2030, according to a report from Boston Consulting Group (BCG) and QED Investors.

Wednesday, May 3, 2023 - 10:12
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Financial IT
Tools for Brokers Names Michael Levine as Head of the UK Office

Tools for Brokers, a leading technology provider for retail brokers and hedge funds, announced the appointment of Michael Levine as the company’s Head of the UK office. 

Wednesday, May 3, 2023 - 10:09
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Financial IT
FROST Closes 1.87 Million Funding Round

Digital account provider, Frost has confirmed that it has exceeded its fundraising target on crowdfunding platform, Seedrs. Over a four-week period, the Manchester-based startup has raised a total of £1.87 million. 

Wednesday, May 3, 2023 - 08:43
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Financial IT
LHV Secures UK Banking Licence from the PRA

LHV Bank, a leading provider of Banking Services and SME Lending solutions, announces it has been authorised as a credit institution by the Prudential Regulation Authority (PRA), becoming the first institution to receive a banking licence without restrictions in 2023.

Wednesday, May 3, 2023 - 08:40
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/news/banking/lhv-secures-uk-banking-licence-pra
Financial IT
Spectrum Markets Welcomes UniCredit Bank AG as Newest Member with Listing of Securitised Derivatives

Spectrum Markets (‘Spectrum’), the pan-European trading venue for securitised derivatives, today announced UniCredit Bank AG (hereafter referred to as ‘UniCredit’) as its newest member.

The pan-European bank will initially list a series of constant leverage warrants and covered warrant products, making these available to retail investors across Europe via their broker or bank.

Wednesday, May 3, 2023 - 08:37
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/news/banking/spectrum-markets-welcomes-unicredit-bank-ag-newest-member-listing-securitised
Financial IT
Propeller Bonds Partners With National Association of Professional Insurance Agents

Philly-based insurtech startup, Propeller Inc., is pleased to announce its partnership with the National Association of Professional Insurance Agents (PIA) as a recommended surety and fidelity bond platform. 

Wednesday, May 3, 2023 - 08:03
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/news/insurtech/propeller-bonds-partners-national-association-professional-insurance-agents
Financial IT
inbanx Partners with Corserv to Launch Business Budget and Spending Solution

Corserv, a company that empowers banks and fintechs with innovative payment card issuing solutions, announces that inbanx, a modern platform to manage business budgets and digital payments, will integrate Corserv’s modern payment card issuing platform, Payment Cards as a Service API (

Wednesday, May 3, 2023 - 07:59
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/news/management/inbanx-partners-corserv-launch-business-budget-and-spending-solution
Financial IT
African PayTech Nomba Raises $30M

Nomba, a payment services provider aimed at African businesses, has raised $30m for its pre-Series B funding round.

The investment was led by San Francisco-based Base10 Partners, with commitments also coming from Helios Digital Ventures, Shopify, Partech and Khosla Ventures.

Tuesday, May 2, 2023 - 14:50
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Financial IT
Gappify Announces Oversubscribed Series B Financing Round

Gappify, Inc., a leading provider of next-generation accounting automation solutions for corporate accounting teams, announced today that it has raised $10 million in Series B financing. The round was led by FINTOP Capital, with participation from Rally Ventures, Stage 2 Capital, SaaS Ventures, and Pasudeco & Co. As part of the transaction, FINTOP’s Jared Winegrad, General Partner, will join Gappify’s Board of Directors.

Tuesday, May 2, 2023 - 14:42
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/news/fundraising-news/gappify-announces-oversubscribed-series-b-financing-round
Financial IT
Nine in Ten Businesses are Using AI-driven Personalisation to Drive Growth, Twilio Research Shows

Businesses worldwide are embracing the potential for artificial intelligence (AI) to provide personalised customer experiences, but customers remain cynical. That’s according to the fourth annual State of Personalisation Report from Twilio (NYSE: TWLO), the customer engagement platform that drives real-time, personalised experiences for today’s leading brands.

Tuesday, May 2, 2023 - 14:07
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Financial IT

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