Company News

Home insurance startup Kin Insurance has announced the closing of a $33m Series D extension.

Kin Insurance raises $33m in funding round

Home insurance startup Kin Insurance has announced the closing of a $33m Series D extension.
Analysis has shown that 80% of Cobase’s existing client base falls within Alpha’s own target market, highlighting the strong potential for mutual value adds.

ING to sell 85% stake in FinTech subsidiary to Alpha Group

Global financial Institution ING is set to sell 85% of its FinTech subsidiary Cobase to to Alpha Group.
Amazon has launched a new set of generative AI tools that will assist sellers with writing product descriptions.

Amazon debuts generative AI tools to helps sellers write product descriptions

Amazon has launched a new set of generative AI tools that will assist sellers with writing product descriptions.
CertifID has revealed that it has raised $20m across its Series B funding round, as it looks to protect the real estate industry from fraud.

CertifID secures $20m in Series B to protect real estate industry from fraud

CertifID has revealed that it has raised $20m across its Series B funding round, as it looks to protect the real estate industry from fraud.
Portugal’s Banco Montepio has agreed to sell its business banking brand, Banco Empresas Montepio (BEM), to financial services start-up Rauva for €30m.

Portuguese start-up Rauva acquires Banco Empresas Montepio for €30m

Portugal’s Banco Montepio has agreed to sell its business banking brand, Banco Empresas Montepio (BEM), to financial services start-up Rauva for €30m.
Citi has announced that it has sold Bridge, its online lending marketplace for SMEs, to Foro Holdings.

Citi sells SME lending business to Foro

Citi has announced that it has sold Bridge, its online lending marketplace for SMEs, to Foro Holdings.
Coaction Global has announced the completion of a $200m capital raise to support its transformation into a full-service specialty insurance company.

Coaction Specialty secures $200M in growth capital

Coaction Global has announced the completion of a $200m capital raise to support its transformation into a full-service specialty insurance company.
Visa has entered into a commercial partnership with Form3, to reduce the high levels of fraud across real-time account-to-account payments.

Visa invests in Form3 to help bolster anti-fraud efforts

Visa has entered into a commercial partnership with Form3, to reduce the high levels of fraud across real-time account-to-account payments.
French FinTech Swan has secured €37m through its series b funding round as it looks to its Banking-as-a-Service (BaaS) technology across Europe.

BaaS FinTech Swan plans European expansion with €37m funding round

French FinTech Swan has secured €37m through its series B funding round as it looks to expand its Banking-as-a-Service (BaaS) technology across Europe.
HSBC has announced that it is launching a market-leading digital solution which will enable businesses and corporate customers to open accounts for multiple business entities, across multiple markets.

HSBC launches multi-market business account opening service in 20 markets

HSBC has announced that it is launching a market-leading digital solution which will enable businesses and corporate customers to open accounts for multiple business entities, across multiple markets.

News Stories

How French banks can strengthen conflicts of interest controls

How French banks can strengthen conflicts of interest controls

French investment banks face growing pressure to strengthen conflicts of interest frameworks as the Autorité des marchés financiers (AMF) raises the bar on compliance...
Why slow onboarding is costing private banks clients

Why slow onboarding is costing private banks clients

Onboarding is the first impression a new client forms of their private bank, yet according to fincite, it is often the weakest link in...
How banks are winning the digital wallet fraud war

How banks are winning the digital wallet fraud war

Phishing and fraud targeting digital wallets are surging globally, creating a growing challenge for banks and customers alike. Tieto Banktech recently delved into how...
Payments firm Triple-A secures VARA IPA in Dubai

Payments firm Triple-A secures VARA IPA in Dubai

Triple-A, a global payment institution, has been awarded In-Principle Approval (IPA) from Dubai's Virtual Assets Regulatory Authority (VARA) for the provision of Broker-Dealer services. The...
FLOAT lands €4.5m Series A to close Europe's tech funding gap

Float lands €4.5m Series A to close Europe’s tech funding gap

Float, the Stockholm-founded revenue-based financing platform serving European tech SMEs, has secured €4.5m in a Series A round as it looks to narrow the...

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