The growth of Artificial Intelligence in the Fintech market is fueled by the increasing need for intelligent financial solutions that enhance customer experience, reduce risks, and improve decision-making in real time. The SNS Insider report indicates that the AI in the fintech market was valued at USD 12.2 billion in 2023 and is projected to…
British payments firm, Sokin, has announced its acquisition of Norwegian fintech, settle Group AS, for an undisclosed sum. The move positions Sokin to bolster its technological capabilities and enhance its offering, including its flagship product, Sokin Pay. This strategic acquisition directly plays into Sokin’s growth trajectory, aligning with its vision to transform international payments. Sokin…
The UK and Qatar are set to enter major agreements as the Amir Sheikh Tamim bin Hamad Al Thani wraps up his official state visit to the UK. The deal will put the spotlight on cooperation and development of the UK’s fintech and green finance sectors. Qatar’s delegation will be hosted at Downing Street by…
Kenja Consulting, a boutique investment consultancy, has revealed plans for a new event series designed to enhance fintech collaboration between the United Arab Emirates (UAE) and the United Kingdom (UK). This initiative aims to build bridges between these two prominent financial centres, fostering investment opportunities and strategic partnerships. Named Fintech Futures: UAE-UK Connection, the series…
Malta-based startup, Basta Pay, has announced its intentions to introduce its financial platform by 1 March 2025, with the company aiming to solidify its position in the fintech industry. With the launch date approaching, Basta Pay is working on entering strategic collaborations to develop an advanced global fintech ecosystem. The company intends to deliver optimized…
FinTech LIVE London Global Summit 2025 has announced SaaScada, financial services cloud and data provider, as its newest sponsor. Financial inclusion has never been more critical, firms within the industry are leveraging digital tools and data-driven solutions to deliver services. In many cases, technology is the catalyst for offering these services more affordably and conveniently…
Klarna AI has announced its partnership with global fintech company unlimit, in order to launch a financial solutions specifically designed for women across the EU. Following this announcement, the partnership is expected to focus on launching a financial solution specifically tailored for the needs of women across the region of the European Union. In addition, both…
Amundi one of the largest asset managers in Europe with €2 trillion in AUM, has acquired Aixigo, a digital financial consulting software provider based in Aachen, Germany, for €149 million. The transaction will see Aixigo’s API-based wealth management platform and 150 team members join the Paris-headquartered asset manager’s Amundi Technology business. Aixigo’s platform, Aixigo:BLOXX, currently…
Arc Intelligence, a capital markets and cash management platform has launched an AI platform to automate complex financial tasks for the private credit industry. Arc Intelligence is first launching the AI Private Credit Analyst to help investors generate detailed credit memos using unstructured financial data. Don Muir, chief executive and founder of Arc said: “Artificial…
European is at the forefront of fintech innovation, transforming the financial landscape across the continent. With a rich ecosystem of startups and established players, these companies leverage technology to enhance financial services, making them more accessible, efficient, and user-friendly. From digital banking and payment solutions to investment platforms and blockchain applications, European fintechs are addressing…
