The holiday season is well underway, and once it wraps up, FinovateEurope will be right around the corner. And with fintech evolving faster than ever, next year's event, taking place February 10 and 11 in London, is shaping up to be one of the most important gatherings of the year for anyone working in financial services, banking, and fintech. The event features more than 100 expert speakers, 30+ live demos, and a packed agenda with deep dives into AI, embedded finance, decentralized...
- Behavioral and device metadata analytics innovator Credolab has unveiled its Income Prediction Model.
- The new offering will enable lenders to estimate applicant income using privacy-consented smartphone metadata. This will help them serve would-be borrowers with limited credit histories and proof-of-income.
- Founded in 2016, Credolab made its Finovate debut at FinovateAsia 2018 in Singapore. Peter Barcak is Co-Founder and CEO.
One of the biggest challenges for lenders seeking...
- Sokin raised $50 million in Series B funding, bringing its total raised to $96 million and boosting its valuation to $300 million following 100% year-over-year revenue growth.
- The fintech offers global payments, multi-currency accounts, and treasury tools across 170+ countries, positioning itself as a fast-scaling competitor in the $56 trillion cross-border payments market.
- Investors see Sokin as part of a new wave of infrastructure-focused payments challengers aiming to solve...
The final month of the year is upon us. And with some of the season's biggest holidays only weeks away, expect a crush of news from banks, fintechs, and other financial service providers over the next several days. We'll keep you in the know—right here on Finovate's Fintech Rundown!
Digital Banking
Southland Credit Union chooses Eltropy's unified conversations platform via its partnership with digital sales and service platform provider Alkami Technology.
Digital bank ...
- Kraken is launching the Krak Card, a crypto-to-fiat debit card offering 1% cash back and multi-asset spending across 400+ crypto and fiat currencies, with initial rollout in the UK and EU.
- The card supports direct deposit, no foreign exchange or monthly fees, and flexible funding rules that let users choose which assets cover each purchase.
- With the Krak Card, Kraken is positioning itself closer to a full-service financial platform, further blurring the lines between TradFi and DeFi...
