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KPMG Report finds Investment in UK Innovators Reached Record Levels in Q1 2021

Venture Capital (VC) investment in UK scaleup businesses reached record levels in the first three months of the year, as investors looked to deploy a significant amount of dry powder in late-stage deals, according to new research. Venture Pulse – a quarterly report published by KPMG Private Enterprise, recorded more than £5.1billion of VC investment into fast-growth UK businesses in Q1 21, up 25% on the previous high of...

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Fintech Industry Market to Value Over $382million by 2027 According to Coherent Market Insights

The Global FinTech Industry Market is expected to be valued at $382.38million by 2027, exhibiting a CAGR of 7.05% during the forecast period (2020-2027), a report published by Coherent Market Insights has highlighted.  Services provided by fintech companies range from traditional banking services such as payment services and fund transfers to technologically advanced banks such as Neo Banks and financial platforms such as Buy...

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CreditNinja Survey Finds 80% Of Americans Will Save Before Spending to Pandemic-Proof Their Finances

A Consumer Credit report found that credit card debt in the US has plummeted since the start of the pandemic, which begs the question: are American citizens proactively attempting to pandemic-proof their finances during this period of economic uncertainty? CreditNinja, financial support and loan resource provider, conducted a survey of 3,000 Americans to find out how their saving habits have changed during the pandemic due to economic...

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The LHoFT Foundation Launches Fintech Development Programmes

The Luxembourg-based fintech hub, The LHoFT Foundation, has launched its new brand CATAPULT to drive technology innovation in Luxembourg, furthering the connectivity between domestic and international fintech communities. As a series of fintech development programmes, CATAPULT has been produced in-house by the LHoFT Foundation, and developed in collaboration with the Ministry of the Economy and the Ministry of Foreign and European...

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Top African Challenger Banks Helping the Unbanked Through Mobile Services

Africa is one of the most diverse continents on the planet, with a multitude of different countries, cultures and economies – all at various stages of economic development. This provides a great backdrop for fintech, with the financial technology ecosystem in Africa always being one to watch. The banking sector is no different, and with challenger banks leading the way in innovation and helpful services for their customers, they are...

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Digital Fraud in the Age of the Pandemic

The world was hit by a global pandemic in 2020 which completely disrupted every working sector and the lives of everyone involved. The public were forced to stay at home as countries entered lockdown in an attempt to stop the spread of the virus. While some companies were able to benefit from the increased need for digitisation, many fraudsters saw this as an opportunity to expose more people who now felt vulnerable as a result of...