Boerse Stuttgart has snapped up 100% of local data analytics startup Sowa Labs, marking its first fintech acquisition since the establishment a new digital ventures unit in September.
How can a technology startup of 30 people, service its small group of clients with a combined workforce of over one million employees, $1 trillion in market cap and decades of legacy systems? By adopting a 'Thin Wedge' approach to innovation, says Guy Halford-Thompson, co-founder and director of enterprise blockchain company BTL Group
A host of financial services firms, including the Royal Bank of Scotland, have joined a C$45 million Series B funding round for Vancouver-based quantum computing startup 1QBit Information Technologies.
Nordea has become the latest bank to set up a venture fund to invest in fintech startups and gain a headstart in the race towards digitalisation.
French bank SocGen is taking the axe to its business once again, announcing plans for a further 900 job reductions and the closure of 15% of its branch network.
Britain's banks may be overestimating their ability to limit the impact of fintech and open banking on future profit margins says the Bank of England.
Chip, an AI-powered automatic savings app, is looking to raise £2.4 million in a crowdfunding campaign to finance a banking licence application and become the "Brewdog of banking".
Russia's Sberbank has acquired a 25% stake in facial recognition startup VisionLabs as part of a wider effort to build an all-encompassing biometric identification platform.
BMO Financial group is to inject $2 million into a new AI lab in Montreal that will aim to help startups make the transition from science projects to high-growth companies.
Robeco has launched a Global Fintech Equities fund to give wholesale and retail investors exposure to companies that are transforming the financial sector.
© Finextra Research 2018