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News
Piston raises $15m to scale cardless fuel payments
4+ day, 3+ hour ago (270+ words) Piston, a cardless payments platform that connects commercial fleets and petrol stations, has closed a $15m Series A funding round. FPV Ventures led the investment, with existing backers Spark Capital and Pear VC also taking part. The fresh capital brings Piston’s…...
Banks close the AI trust gap to unlock real returns
4+ day, 5+ hour ago (228+ words) Adoption was never going to be the hard part. Most banks have already brought AI into the building. The harder question, and the one still separating leaders from laggards, is how to turn that adoption into results that show up…...
Nivo unveils new site with AI pricing for brokers
4+ day, 2+ hour ago (321+ words) Nivo, a financial technology company that builds AI-powered assistants for mortgage brokers, has relaunched its website so firms can weigh up the potential time and cost savings of using artificial intelligence before booking a sales call. The updated site is…...
Creand W&S selects NeoXam GP4 for private assets
4+ day, 2+ hour ago (285+ words) Creand Wealth & Securities, the Luxembourg-based Asset Servicing & Wealth Management arm of the international Creand Group, has picked NeoXam GP4 as the platform it will use to run fund accounting for its private assets business. The decision sees Creand W&S retire…...
Unlimit's Hong Kong licence sharpens its APAC edge
4+ day, 6+ hour ago (318+ words) Unlimit, a global financial infrastructure company, has secured a money service operator licence in Hong Kong, strengthening its presence in the Asia-Pacific region and enabling it to develop local payment channels from the city. The licence was granted by Hong…...
Nivo puts AI costs under the microscope for brokers
4+ day, 7+ hour ago (342+ words) Nivo, an AI platform for mortgage brokers and lenders, has relaunched its website with pricing, a sample case report and service comparisons designed to help brokerages assess the potential cost and time savings from using AI for document administration. The…...
Savvy Wealth closes $100m Series C led by Halo Fund
4+ day, 23+ hour ago (312+ words) Savvy Wealth, an AI-native registered investment advisor for independent financial advisors, has closed a $100m Series C funding round. The round was led by Halo Fund, the growth-stage venture firm co-founded by Qualtrics founder and Utah Jazz owner Ryan Smith alongside…...
Revolut clears US hurdle on path to national bank
5+ day, 6+ hour ago (379+ words) Revolut has taken a major step towards establishing a banking presence in the US after securing conditional approval from the Office of the Comptroller of the Currency (OCC) for a national bank charter. The approval moves the global FinTech closer…...
Thailand's central bank moves to choke off digital fraud
5+ day, 8+ hour ago (299+ words) The Bank of Thailand, the country’s central monetary authority responsible for overseeing financial stability and payments infrastructure, is preparing to roll out a sector-wide framework aimed at curbing digital fraud across the kingdom’s financial system. Beyond the collective declaration, the…...
Creditstar Group secures €4.6m hybrid investment from Kilde
6+ day, 3+ hour ago (338+ words) Creditstar Group, a European consumer finance and investment FinTech, has secured its first external hybrid equity investment, receiving €4.6m from Singapore-based investor Kilde at a €130m pre-money valuation. The deal has been structured as a convertible loan that accrues interest throughout the…...