Company News

ABN Amro, a prominent Dutch bank, has announced the sale of its 49% stake in EMS, a digital payments business, to Fiserv.

ABN Amro divests 49% stake in payment processor EMS to Fiserv

ABN Amro, a prominent Dutch bank, has announced the sale of its 49% stake in EMS, a digital payments business, to Fiserv.
Origami Risk, a leading risk, safety, and insurance Software as a Service (SaaS) technology firm, has announced the appointment of Chris Bennett as Chief Strategy Officer and Mike Kaplan as Division President within its Core Solutions unit.

Origami Risk strengthens Core Solutions team with key appointments

Origami Risk, a leading risk, safety, and insurance Software as a Service (SaaS) technology firm, has announced the appointment of Chris Bennett as Chief Strategy Officer and Mike Kaplan as Division President within its Core Solutions unit.
Perenna, the innovative mortgage provider, has unveiled an exclusive partnership with L&C Mortgages as it commences its lending operations this month.

Perenna announces exclusive partnership with L&C Mortgages

Perenna, the innovative mortgage provider, has unveiled an exclusive partnership with L&C Mortgages as it commences its lending operations this month.
INSHUR, a pioneering commercial auto insurance startup, has officially launched its insurance offerings for on-demand livery drivers in Arizona.

INSHUR expands to Arizona to enhance insurance for on-demand livery drivers

INSHUR, a pioneering commercial auto insurance startup, has officially launched its insurance offerings for on-demand livery drivers in Arizona.
Florida-based Heritage Insurance Company has revealed that it has tapped Guidewire Software to significantly bolster its claims operation.

Heritage Insurance taps Guidewire to bolster claims operation

Florida-based Heritage Insurance Company has revealed that it has tapped Guidewire Software to significantly bolster its claims operation.
Argenta Syndicate Management Limited (ASML), a prominent player in the insurance sector, has made a strategic move by choosing Moody’s ESG (Environmental, Social, and Governance) insurance underwriting solution.

Argenta adopts Moody’s ESG solution for sustainable underwriting

Argenta Syndicate Management Limited (ASML), a prominent player in the insurance sector, has made a strategic move by choosing Moody’s ESG (Environmental, Social, and Governance) insurance underwriting solution.
ZestyAI is set to integrate the FORTIFIED construction standard from the Insurance Institute for Business & Home Safety (IBHS).

ZestyAI introduces FORTIFIED construction standard to its AI-powered risk platform

ZestyAI is set to integrate the FORTIFIED construction standard from the Insurance Institute for Business & Home Safety (IBHS).
Howden Tiger, the reinsurance subsidiary of the global broker Howden, has announced the appointment of its current President, Tim Ronda, as the new Chief Executive Officer (CEO).

Howden Tiger names Tim Ronda as new CEO

Howden Tiger, the reinsurance subsidiary of the global broker Howden, has proclaimed the appointment of its current President, Tim Ronda, as the new Chief Executive Officer (CEO).
La Banque Postale and its affiliated entities, LBP AM and CNP Assurances, have unveiled a €1bn impact infrastructure debt fund, setting their sights on energy transition-centric ventures across Europe.

La Banque Postale launches €1bn energy transition infrastructure fund for a greener Europe

La Banque Postale and its affiliated entities, LBP AM and CNP Assurances, have unveiled a €1bn impact infrastructure debt fund, setting their sights on energy transition-centric ventures across Europe.
Enza Capital, an African-based venture capital firm, has successfully closed a significant amount of $58m spread across two investment funds.

Enza Capital closes impressive $58m funding, debuts innovative founder partner programme

Enza Capital, an African-based venture capital firm, has successfully closed a significant amount of $58m spread across two investment funds.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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