FinTech News

IronChain Capital raises $2.5m seed, alongside launch of 2 mutual funds

Digital asset investment company IronChain Capital has raised $2.5m seed funding, alongside the launch of two mutual funds for cryptocurrencies.

HackerOne snares $49m in Series E financing raise

Hacker-directed bug bounty platform HackerOne secured $49m from a Series E funding round headed by GP Bullhound.

ToothPic bags €810,000 in its latest funding round

ToothPic, which builds security and usability of authentication processes, has closed its second funding round on €810,000.

EML Payments to acquire 100% of Prepaid Financial Services Ireland

EML Payments has wholly acquired Prepaid Financial Services Ireland (PFS) for an upfront enterprise value of £226m.

Is Request to Pay a new challenger to established payment methods?

A survey by Icon Solutions has found the Request to Pay payment method is expected to challenge current payment methods such as direct debit and payment cards in the near future.
fiduciary

The importance of fiduciary duty for registered investment advisers

Registered Investment Advisers (RIAs) are entrusted with a significant responsibility to uphold fiduciary duty, as mandated by the SEC.

New automated compliance solution launches in the US

AAAtraq, a new US-based FinTech company offering automated compliance identification management system, has launched its operations.
Specialist (re)insurance broker Miller has announced a significant expansion of its offering through the establishment of a new treaty reinsurance team in APAC.

Miller expands reinsurance offering with new APAC treaty team

Specialist (re)insurance broker Miller has announced a significant expansion of its offering through the establishment of a new treaty reinsurance team in APAC.

Palo Alto Networks acquires The Crypsis Group in $265m deal

Cybersecurity company Palo Alto Networks has acquired incident response and risk management consultant The Crypsis Group in a deal worth $265m.

ZSuite closes Series A to meet rising demand

ZSuite Technologies, which powers financial institutions with unbound digital accounts encompassing escrow, subaccounting, sub-ledgering, FBO and trust accounts, has closed its Series A on $11m.

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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