In the third quarter of 2024, the US RegTech sector presented an intriguing juxtaposition of increasing deal activity against a backdrop of declining funding amounts. The paradoxical nature of the investment landscape reveals the complexities and challenges faced by the sector as it navigates
WealthTech, short for "Wealth Technology," is revolutionizing the wealth management industry. This term denotes the intersection of technology and wealth management, delivering innovative tools and solutions reshaping how individuals and businesses manage their wealth. WealthTech is driving the
Iwoca, a UK-based lender dedicated to small and medium-sized enterprises (SMEs), has secured a substantial £200 million debt funding package from Citi and Waterfall Asset Management. This new investment will empower Iwoca to extend its lending capabilities and support more SMEs across the country.
Neo Financial, a Canadian fintech firm, has recently made headlines by raising CAD $360 million in their Series D funding round. This substantial financial boost, consisting of CAD $110 million in equity and CAD $250 million in debt, is set to accelerate the growth of Neo Financial’s diverse suite
As we inch closer to 2025, the payments industry is set to undergo significant transformations, driven largely by consumer preferences and advancements in technology. A recent survey conducted by payabl has shed light on the dramatic shifts in the payment landscape, emphasizing the increasing
Zand Bank, a Dubai-based digital challenger, has entered a groundbreaking partnership with Alibaba Cloud and Ant Digital Technologies aimed at transforming the landscape of financial services in the UAE. Their collaboration is set to drive the adoption of cutting-edge generative AI, blockchain, and
BlackRock's Bitcoin ETF, $IBIT, has achieved a historic milestone after reaching $40 billion in assets under management (AUM) in a record-breaking 211 days, illustrating the overwhelming confidence that institutional investors have in Bitcoin. This rapid growth has positioned the ETF within the top
With the traditional employment landscape undergoing significant disruptions due to global events and technological advancements, the gig economy has emerged as a viable alternative for many professionals. Focusing on autonomy, adaptability, and project-based work has attracted a growing number of
The investment landscape continues to evolve as U.S. investors show a growing interest in exchange-traded funds (ETFs) that hold cryptocurrencies. According to a recent survey conducted by Charles Schwab, 45% of respondents are planning to invest in crypto ETFs over the next year, marking a
PROG Holdings, Inc., a prominent fintech holding company headquartered in Salt Lake City, recently made an important announcement that its Board of Directors has declared a quarterly cash dividend of $0.12 per share of common stock. This dividend underscores the company's robust financial health
