Remove Advisors Remove Community Banks Remove Financial Literacy
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SFF 2024 Awards Highlights Fintech Innovation with Updated Categories, New AI Focus

Fintech News

The solution includes collateral-free loans for migrant workers, seamless integration with InDrive for vehicle financing, affordable health insurance packages, refundable airline ticketing, and a pioneering all-women Digital Ambassador programme to promote financial literacy.

AI 99
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Fintech Fundings: 30 Companies Raise $100 Million Week Ending Dec 11

Fintech Labs Insights

Four Finovate alums were among the bunch: CBANC Network took in $4 million for it’s community bank information network. Wealth-management platform for financial advisors. Market data communications platform. Financial platform for underbanked. million) and Lemonade, a P2P insurance play ($13 million).

FinTech 17
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Ready for a Sneak Peek? How to Best Prepare for FinovateFall

Fintech Labs Insights

Backbase offers 60-second onboarding for financial services companies to accelerate customer acquisition with a simple, fast, and seamless omni-channel onboarding journey. Bankjoy offers developers a banking API for a modern, real-time, holistic interface for credit unions and community banks.

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How Have the Finovate Best of Show Winners Fared?

Fintech Labs Insights

W.UP (acquired by Finshape): Launched personalized digital banking experiences, strong uptake by European banks. Africa 2018 (Cape Town): Bambu (CLOSED): Raised $13M, for its robo-advisory services OUTvest (acquired by Alexforbes): Online investment advisor, strong growth through user-friendly platform and competitive fees.

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37 Corporate Innovation Labs In Finance

CB Insights

Notable projects: DAX teamed up with POSB, part of DBS Group and the oldest local bank in Singapore, to help co-create the POSB Smart Buddy. This program provides free wearable tech to local schoolchildren that helps teach them about financial literacy, monitoring their daily spending and savings habits. Founded: 2015.