FinTech Global

📢 Introducing our latest speaker taking the stage at the Global InsurTech Summit, David Kirk, Growth Leader, Technology, at Aon 📢 Benjamin will be speaking on the Stream B Panel Discussion "AI's Role in the Future of Insurance: Beyond the Hype and into Action" Register to take part in Europe's most exclusive InsurTech event - https://lnkd.in/gJ6E239 #GINS25 #Insurance

⏰ Quick, prices increase tonight! Secure your ticket now to Europe's most exclusive gathering of InsurTech leaders and innovators on 30 April ⏰ With 500 Insurance leaders registered, 81% director or above you won’t want to miss out. Book now to save up over £400 before prices increase - https://lnkd.in/gJ6E239 #GINS25

When analysts begin working in pricing, their first instinct is often to dive straight into modelling. Generalised Linear Models (GLMs) are a standard approach, commonly taught as the foundation for pricing models. It is easy to get caught up in testing different variables, applying transformations, and searching for interactions. However, focusing solely on model mechanics can cause analysts to overlook fundamental limitations, according to Quantee. Read more here: https://lnkd.in/egaUPhXB #Insurance #Pricing #InsurTech Mateusz (Mat) Gintrowski

NatWest Group and OpenAI have entered into a partnership aimed at driving substantial transformations within NatWest through advanced AI technologies. Read more here: https://lnkd.in/eumFyXef Angela Byrne Giancarlo 'GC' Lionetti Scott Marcar

The Financial Markets Standards Board (FMSB) plays a pivotal role in bolstering the fairness and efficacy of wholesale financial markets. According to Moody's, by clarifying trading practices and endorsing high standards, the FMSB aims to dispel ambiguities and secure consistent market practices. Read more here: https://lnkd.in/eyvwWHuw Tinuke Bernard Dr Christine Bailey

Apave, a long-standing entity known for its expertise in risk management and technical consultancy, has recently acquired Aktio. Read more here: https://lnkd.in/emhu4gvU Laurent Barbezieux Alex Huyn Thibault Faninger

Daily research from FinTech Global European FinTech funding halved as deals $100m and over dropped in 2024  The European FinTech market experienced a sharp decline in both deal volume and total funding in 2024.   The year closed with 1,050 deals, marking a 62% drop from the 2,787 deals recorded in 2023 and a 68% decline from the 3,295 deals seen in 2020.   Total funding in 2024 amounted to $18.4bn, representing a 47% decrease from the $34.6bn raised in 2023 and a similar 47% decline from the $34.3bn secured in 2020.   The average deal size in 2024 stood at $17.5m, reflecting a 41% increase from $12.4m in 2023 and an 84% rise from $9.9m in 2020, indicating a shift towards fewer but larger deals as investors focus on select high-value opportunities.   Deals $100m and over dropped by 48% as investors became more selective   Funding from deals under $100m totalled $8.8bn in 2024, down 46% from the $16.3bn recorded in 2023 and also 45% lower than the $16bn seen in 2020.   Meanwhile, larger deals valued at $100m or more accounted for $9.6bn, a 48% decline from the $18.3bn raised in 2023 and a similar 48% drop from the $18.3bn secured in 2020.   This substantial fall in high-value transactions signals a more cautious approach from investors, who are adjusting their strategies amid shifting economic conditions and increased market uncertainty.   The overall downturn in funding and deal volume highlights the ongoing challenges faced by the sector, as capital becomes more selective and risk appetite continues to wane.   Zepz, a London-based leading digital money transfer service, secured one of the largest European FinTech deals for the year with a $267m funding round   The funding round was led by Accel, with participation from Leapfrog, TCV, and the International Financial Corporation, which pledged up to $20m.   The funding will drive Zepz’s expansion in its core African markets and beyond, as the company continues to address the fragmented remittance industry by offering cost-effective digital solutions that replace traditional cash transfers.   Having achieved full-year profitability in 2022, Zepz is leveraging its strong operational foundation to explore opportunities for further growth, including potential acquisitions of smaller firms.   Founded in 2010 with a mission to reduce the high transaction fees in cross-border money transfers, Zepz has grown into a global remittance powerhouse, supporting underserved communities during times of need and driving financial inclusion through its innovative platform.

In what ways has AI reshaped compliance and operational efficiency in the AML and financial crime sectors? This is what our panelists will explore in the final panel discussion of the day, featuring Marianne Yen of CTBC Bank, New York Branch, Weiyee In [殷 維一] of Protego Trust, Nicholas DiBella of Raymond James, Elizabeth Owen, MS, CAMS of Berkshire Bank and Michael Rogers of Flexa. #AMLTechForumUS25

Meet our bronze sponsors at the AML & FinCrime Tech Forum USA, Aereve Company Ltd! Come join them at booth 4 to chat with some of the leading innovators in the RegTech industry! Aereve is a faith-driven ESG Blockchain, Supervisory and Regulatory technology company based in Hong Kong and an expert in cross-border Fintech, accelerating the digital transformation to Risk & Compliance by bringing standard-defining technology to the BFSI, government, regulators, ecological business and green digital finance framework via Regtech, Suptech and Blockchain technology. Andre Leung #AMLTechForumUS25

Meet our bronze sponsors at the AML & FinCrime Tech Forum USA, Flagright! Come join them at booth 2 to chat with some of the leading innovators in the RegTech industry! Flagright is an AI-native, centralized, no-code compliance platform that redefines how financial institutions manage AML compliance and risk management. By leveraging advanced generative AI and powerful AI agents from day one, the platform automates risk detection, real-time transaction monitoring, comprehensive AML screening, dynamic risk scoring, and end-to-end case management. Joseph Ibitola Johnnie Adkins Raymond H. #AMLTechForumUS25