Finovate’s Fintech Rundown is here with a look at some of the top fintech headlines. From startups emerging from stealth flush with capital to the launch of new AI-powered fraud-fighting technologies, we’ve got you covered. Be sure to check back all week long for the latest updates.
Regtech
Risk and compliance company Unit21 introduces new anti-fraud technology for ACH transactions.
Payments
PayPal integrates with payroll provider UKG to offer early wage access.
Payments company D24 forges a strategic partnership with payments orchestration platform Yuno.
Nigeria-based B2B payments and liquidity platform for emerging markets businesses Waza emerges from stealth with $8 million in funding.
Identity management
Biometric authentication solutions company IDEX Biometrics names Catharina Eklof as its new CEO.
Crypto / DeFi
German neobank N26 expands its cryptocurrency trading product, N26 Crypto, to five new European nations: Belgium, Germany, Ireland, Portugal, and Switzerland.
Worldwide Stablecoin Payment Network (WSPN) raises $30 million in seed funding.
Decentralized finance (DeFi) risk management platform Chaos Labs secures $55 million in Series A funding.
Stablecoin-to-fiat money transfer app Sling Money locks in $15 million in funding.
Lending
Embedded finance fintech Amount secures $30 million to fuel its expansion into the credit union industry.
Digital banking
Challenger bank Starling Bank launches its first savings account offering 3.25% interest.
Wealth management
Cloud-based wealth management solution provider FusionIQ partners with wealthtech provider interVal to deliver new technology solutions to financial advisors.
Photo by Roman Kraft on Unsplash
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Conclusion
Finovate’s Fintech Rundown provides a comprehensive look at the latest happenings in the fintech industry. From innovative regtech solutions to advancements in payments, identity management, crypto, lending, digital banking, and wealth management, the world of financial technology is constantly evolving.
Stay tuned for more updates and insights on the cutting-edge technologies reshaping the financial landscape. With the rise of decentralized finance and the integration of artificial intelligence in fraud prevention, the possibilities are endless. Keep exploring, innovating, and staying informed with Finovate’s Fintech Rundown.
