New York DFS issues regulatory guidance on stablecoins
New York State Department of Financial Services has issued new regulatory guidance on setting foundational criteria for USD-backed stablecoins.
Bearingpoint partners with IBM to launch RegTech offering
BearingPoint’s RegTech product unit has partnered with tech major IBM to launch a new business process outsourcing offering .
Open banking champion PortX clinches $16.5m in Series B investment
PortX, described as a vanguard in integration and open banking for community financial institutions and fintechs, has bagged $16.5m
Singapore’s Incomlend bags $20m Series A round to democratise trade finance
Shipping companies face many monetary uncertainties, but Incomlend hopes to alleviate some of those concerns on the back of its new $20m Series A round.
Mastercard to support Ukranian startups
Mastercard has launched a start path initiative that has been designed for Ukrainian FinTechs and entrepreneurs to enable Ukrainian startups to contribute to the rebuilding of the country’s economy.
QBE extends partnership with Cytora to boost data-driven capabilities
Insurance company QBE has expanded its relationship with Cytora in a bid to boost its data-driven business insurance capabilities.
Kafene amasses $31m Series B to boost point-of-sale financing options
Kafene, a point-of-sale financing platform, has recently garnered $12.6m in new equity capital to amass $31m in a Series B.
CredoLab bags $7m in Series A round led by GBG
Digital risk company CredoLab has secured $7m in a Series A round led by global identity data intelligence company GBG.
Tesla insurance sets foot in New Jersey
Tesla has filed an auto insurance programme in New Jersey, as it rolls out its expansion across the US.
Italian FinTech Objectway acquires Algorfin
Objectway, a software developer for the wealth and asset management industries, has acquired Algorfin for an undisclosed amount.
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