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Fintech and VC Funding Plummet off a Cliff: Worst Results in 5 Years

Fintech funding has reached its lowest levels since 2017
Declines have spared virtually no region or industry.

Wednesday, 07/02/2024 | 11:20 GMT by Damian Chmiel

Fintech Investments in the UK Dropped by 65% in H1 2022

The industry received $9.6 billion in investments in the period.
Britain was better off when compared with the Americas and EMEA region.

Tuesday, 13/09/2022 | 07:43 GMT by Arnab Shome

Executive Moves

Travelex Secures Mark Freedman as Its New Chief Financial Officer

He has led large teams across multiple financial disciplines.
He brings in excess of 28 years of experience in fintech leadership roles.

Monday, 31/01/2022 | 15:26 GMT by Tom Hazan

Executive Moves

HKEX Recruits Anthony Crampton as Its New Managing Director

Anthony Crampton will report to Group Chief Financial Officer, Vanessa Lau.

Monday, 13/09/2021 | 10:10 GMT by Tom Hazan

KPMG Announces Partnership with BitGo and Coin Metrics

The new partnership will enable BitGo's clients to manage public blockchain network risks.

Friday, 19/02/2021 | 10:32 GMT by Bilal Jafar

Blox CEO: Bitcoin and Ethereum Are the Next Microsoft and Google

Alon Muroch took part in a panel discussion at The Floor's crypto conference in Tel Aviv.

Monday, 23/04/2018 | 17:53 GMT by Finance Magnates Staff

Wall Street Blockchain Alliance Secures KPMG LLP as Latest Member

Along with its membership, KPMG LLP will also assume a seat on the board of directors.

Wednesday, 15/11/2017 | 15:08 GMT by Aziz Abdel-Qader

Indian State of Andhra Pradesh Partners ChromaWay for Blockchain Land Registry

“Blockchain is the technology of the future."

Tuesday, 10/10/2017 | 05:30 GMT by Avi Mizrahi

KPMG Provides Consultancy Support for London Blockchain Startup ETCH

Etch is an ambitious fintech firm based in London that wants to revolutionise the economics of payrolls.

Thursday, 28/09/2017 | 16:50 GMT by Aziz Abdel-Qader

Alpari UK Final Client Money Distribution Totals $0.82 on the Dollar

Special administrators have concluded a final distribution of $0.82 on the USD for ex-Alpari UK clients.

Thursday, 01/06/2017 | 14:18 GMT by Jeff Patterson

KPMG Purchases Fintech Matchmaker Platform

KPMG buys the Matchi website in order to network with more than 2500 fintech companies.

Thursday, 11/05/2017 | 08:25 GMT by Finance Magnates Staff

KPMG and Microsoft Open Blockchain Innovation Spaces in Frankfurt and Singapore

The 'Blockchain Nodes' can help the development of a startup ecosystem for blockchain technology.

Thursday, 16/02/2017 | 09:35 GMT by Avi Mizrahi

Breaking: KPMG Postpones Final Distribution to Alpari UK Clients

KPMG won't distribute the funds until after the court gives a judgment on the appeal by a ‘significant client creditor’.

Monday, 19/12/2016 | 13:19 GMT by Aziz Abdel-Qader

Banking Will Become Invisible by 2030: KPMG

Winners in this vision of banking are those able to make best use of data, build effective partnerships and build cybersecurity.

Wednesday, 19/10/2016 | 08:37 GMT by Finance Magnates Staff

Breaking: KPMG Issues Notice of Final Distribution to Alpari UK Clients

Clients who have not submitted a claim by October 30 won't be entitled to share in the proposed distribution.

Thursday, 06/10/2016 | 16:08 GMT by Aziz Abdel-Qader

Funding to Venture Capital Backed Fintech Startups Halves in Q2

Amid a tougher climate, investment to VC-backed fintech startups has fallen by 49 percent.

Wednesday, 17/08/2016 | 21:36 GMT by Finance Magnates Staff

Breaking: Alpari UK's Administrator Appoints Legal Debt Collection Agent

KPMG says that Beeston Shenton Solicitors Limited has been assigned for debt collections.

Wednesday, 20/04/2016 | 15:44 GMT by Steven Hatzakis

Alpari UK Bankruptcy a Year Later: Costs Rising, CMP Shortfall up to $22m

A weaker GBP also tapped into the client money pool of Alpari UK clients.

Tuesday, 22/03/2016 | 18:51 GMT by Victor Golovtchenko

Executive Moves

Lazard Secures David Burlison as a Managing Director in London

David Burlison will join Lazard's London-based team from KPMG.

Thursday, 17/03/2016 | 11:05 GMT by Jeff Patterson

Report: US Fintech Venture Funding Rose More Than $7 Billion in 2015

The latest “Pulse of Fintech” report shows a significant increase in investment to venture backed fintech companies.

Thursday, 10/03/2016 | 09:20 GMT by Damian Chmiel

Alpari UK Unsecured Clients to Get 75-80 Cents per USD, KPMG Costs £10.5 million

KPMG’s second bankruptcy progress report estimates client liabilities at $97.8 million.

Tuesday, 16/02/2016 | 13:57 GMT by Victor Golovtchenko

Prime Brokerage

Alpari Unsecured Creditors to Get Interim Dividend

The administrator of the bankrupt broker will be paying 14% on each pound lent

Friday, 04/12/2015 | 15:30 GMT by Irina Slav

Executive Moves

Dorel Blitz Heads from Bank Leumi to Head of Fintech at KPMG

Continuing to work in fintech and startups, Dorel Blitz moves from Bank Leumi to KPMG as their Head of Fintech

Sunday, 22/11/2015 | 10:07 GMT by Ron Finberg

KPMG to Boost Fintech Exposure with Matchi and Cambridge Partnerships

In twin announcements, KPMG is seeking to expand its involvement in the fintech sector to provide l consultancy services for customers.

Monday, 31/08/2015 | 11:58 GMT by Ron Finberg

Prime Brokerage

KPMG Urges Alpari UK's Unsecured Creditors to Submit Their Claims

The submissions have to be presented no later than the 30th of October by email or post

Friday, 14/08/2015 | 18:44 GMT by Victor Golovtchenko

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