Malaysia approaches FinTech with Islamic twist
A fintech Islamic finance platform that links leaders with businesses via banks in Malaysia will change the role of Islamic lenders. Read more www.computerweekly.com
Big banks try to beat ‘Robo-Advisors’ by joining them
Increasingly, Wall Street is launching stand-alone financial advice services as smaller competitors target a key business. Read More: www.cnbc.com
Resolute Ventures backs AI expense auditing, compliance startup AppZen
Resolute Ventures has helped AI-centric automated expense report auditing and compliance startup AppZen to a $2.9m funding round.
Things FinTech startups should know before working with banks
Martin Campbell, MD at FinTech firm Ormsby Street, shares his learnings for other FinTech startups. Read more: techcitynews.com
Deutsche Börse to invest in FinTech start-ups
Deutsche Börse to invest in fintech start-ups via new venture capital platform. Read more: www.bankingtech.com
Indian online tax return platform ClearTax bags $12m SAIF-led Series A
SAIF Partners’ Ravi Adusumalli has led a $12m Series A financing round for Indian online tax filing platform ClearTax.
FinLab announces winners of $3m FinTech competition
Financial Solutions Lab, an initiative created by the Center for Financial Services Innovation (CFSI) JPMorgan Chase & Co, has announced nine winners of the $3m Fintech competition.
Mobile banking platform Number26 pulls in $40m from heavyweight VCs
Number26, a mobile banking platform, has raised $40m in its latest financing round, led by Horizons Ventures.
German phone directory business backs FinTech startup Invoice Cycle
Fintech startup Invoice Cycle has closed a $4m seed funding round led by German phone directory business Mueller Medien group.
Goldman Sachs Investment Partners leads $44m round for fintech business Plaid
Goldman Sachs Investment Partners has led a $44m financing round for venture capital-backed fintech ecosystem business Plaid Technologies.