As new technologies such as AI and DLT transform the capital markets landscape, the World Federation of Exchanges (WFE) has called on regulators to hold new fintech entrants to the same standards as established players.
SETL, a blockchain-based settlement system for the investment funds industry, has gone live with its pan-European funds record keeping platform IZNES having successfully processed its first transactions.
Petal, a US credit card startup that is ditching traditional credit scores in an effort to sign up young people and the underbanked, has raised $13 million in a Series A funding round led by Peter Thiel's Valar Ventures.
Toronto-Dominion Bank has acquired Canadian Artificial Intelligence startup Layer 6 in a deal reportedly worth more than US$100 million.
Capital One has acquired machine learning consultancy Notch as part of a progressive effort to develop data-driven products and services for its customer base.
Wealthfront, the software-based wealth management company that is targeting the millennial segment, has raised $75 million in a funding round led by Tiger Global Management.
As Brexit negotiations grind on, London's fintech sector remains a hotbed of investment activity, capturing the lion's share of a £2.99 billion venture capital splurge on UK tech firms.
MoneyLion, a fintech startup that pairs wealth investing with personal financial management and credit products, has raised $42 million in a Series B funding round.
UK P2P lender Funding Circle is reportedly lining up advisors for a bumper £1 billion-plus stock market flotation.
As Finextra pulls the shutters down on 2017, we take a look back at our most popular news stories, videos, and community engagement activities over the course of the past year. The site will re-open for business on 2 January 2018.
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