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…
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…
Mastercard has entered into a partnership with Qover, the insurtech firm based in Brussels, initiating a new service in Belgium and Luxembourg that automates return shipping costs for credit cardholders. This feature is a timely innovation, responding to the surge in e-commerce activities within the region; notably, Belgian e-commerce penetration hit 90% early in 2024,…
International money transfer company, Wise, hass reported a 25% increase in active customers to 11.4 million in the six months to September 2024, marking a 2.8-times expansion in its customer base over four years as the fintech deepens its integration with domestic payment systems. The London-based firm, which offers cross border payments and multi-currency accounts,…
On 22 and 23 October, FinTech LIVE will continue to expand its inspirational event series by hosting a captivating event- FinTech LIVE London Global Summit. Those who attend will be able to listen to motivational keynotes from industry experts, participate in fascinating workshops and listen to engaging panel discussions. FinTech LIVE London Global Summit will…
The UK has further dominated the European FinTech sector, capturing a remarkable 65% share of all deals in the first half of 2024, according to a new annual report analysing the sector. The annual stare of European Fintech report by Finch Capital highlights a year marked by turbulence, with overall funding in European FinTech declining…
