London-based B2B SaaS company Diesta has achieved a significant milestone by securing $3.8 million in a Seed funding round. FinTech Collective, a renowned venture capital firm based in New York, led the funding with additional participation from Commerce Ventures, Restive Ventures, and SixThirty.
Artificial Intelligence (AI) is heralding a new era across various industries, transforming the gig economy and the financial services sector with equal intensity. The applications of AI in these fields bring about a plethora of opportunities and challenges, especially concerning regulation and
Best Egg, a US-based consumer financial technology platform renowned for its innovation in personal loans, has recently secured a substantial $500 million purchase facility. With backing from Fortress Investment Group and Edge Focus, this strategic investment is poised to revolutionize the personal
The US fintech sector is a paradox of advanced innovation juxtaposed with stubborn traditionalism. It’s a place where some of the world's most cutting-edge financial technologies emerge, yet simple technologies like contactless payments aren’t universally accepted. This dynamic landscape was vi
The rapid evolution of the digital lending landscape has opened up new vistas for financial inclusion and economic growth globally. As this sector burgeons, India stands out as a significant leader, leveraging its robust fintech ecosystem to drive unprecedented advancements and reshape traditional
Bitget, a notable cryptocurrency exchange and Web3 company, has recently announced the listing of Puffer Finance (PUFFER) on its Launchpool platform, offering a substantial reward pool of 2,700,000 PUFFER tokens accessible from October 14th to the 21st. This initiative opens the door to lucrative
Japan's financial technology sector is undergoing a profound transformation, intertwining digital innovation with an increasing focus on green finance. The 80th edition of the Japan FinTech Observer, authored by Norbert Gehrke, sheds light on these developments, highlighting strategic
How Will SMEApprove Revolutionize SME Lending with AI Technology? Small and medium-sized enterprises (SMEs) are the backbone of any economy, driving innovation and job creation. Yet, they often face significant challenges in securing financing. To address this issue, Bryan Carroll, a veteran in the
OKX, a leading cryptocurrency exchange and global Web3 technology company, has once again made headlines with its October 2024 updates. The recent announcement includes several significant enhancements and expansions of OKX's product offerings, which have substantial implications for the
In a landmark decision, the Irish Data Protection Commission (DPC) has imposed a substantial fine of £102 million on Meta, formerly known as Facebook, for failing to encrypt user passwords. This penalty underscores the European Union's stringent stance on data protection and raises important
