Fintech has evolved radically in the last few years, thanks in no small part to artificial intelligence (AI) and machine learning (ML). Influencing everything...
The fintech sector in 2023 has experienced unparalleled expansion, marking its prominent role in the worldwide financial landscape.
As per EMR's data, the global fintech...
The financial
landscape is no exception in a world when innovation and technology are
transforming every part of our lives. FinTech is a combination of finance...
Nine fintech companies headquartered in Southeast Asia were named among the world’s top 200 fintech businesses, recognized by business media outlet CNBC and independent...
Chatbots are computer programs that use artificial intelligence (AI) to simulate conversations with users, providing quick and efficient assistance. In the banking industry, chatbots have...
Being purpose-led and ecosystem-driven is fundamentally transforming the way institutions in the financial sector function. But it is easier said and declared than done....
Wealth management provider Wealthfront is extending its relationship with digital bank and banking-as-a-service provider Green Dot this week. Wealthfront originally tapped Green Dot...
UBS and Wealthfront have mutually terminated a $1.4 billion acquisition announced earlier this year.Despite the call-off, UBS has given Wealthfront $69.7 million in financing...
With digital demand and tech awareness rising sharply, banks should keep new disruptions in mind as they strike a balance between legacy processes and new automations. Automated lending and cloud-native capabilities are chief drivers of transformation in U.S. retail banking, but some areas continue to lag. As fintechs and challenger institutions disrupt business functions, including […]
Charitable giving app Daffy has received $17.1 million in funding. Daffy was co-founded by CEO Adam Nash, former president and CEO of Wealthfront. In the U.S., individuals gave more than $324 billion to charitable organizations in 2020. Aside, the company behind charitable giving app Daffy, has secured $17.1 million in Series A funding. The round Read more...
In one of the first big fintech acquisitions of the year, Wealthfront has agreed to be acquired by global investment bank and financial services company UBS. Valued at $1.4 billion, the all-cash deal represents a premium of at least 2x on Wealthfront’s most recent private market valuations, and underscores UBS’s determination to attract younger, high Read more...