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Azimo integrates with Facebook Messenger

International money transfer startup Azimo in integrating its service into Facebook Messenger to allow senders and receivers to connect through the social network of 1.65bn users.
Blockchain

What are the benefits of blockchain in financial services?

With the rise of new digital technologies that are disrupting the financial market, many industry participants are keen to learn more. What benefits does blockchain offer?

Currencycloud appoints CTO and COO to continue rapid growth

Cross-border payments company Currencycloud has bolstered its senior team with the appointment of a new chief operations officer and chief technology officer.

Could Auxxo lay the groundwork for a female PayPal mafia?

Two of Germany’s prominent angel investors have launched the Auxxo Female Catalyst Fund, a co-investment VC fund targeting companies with at least one female founder. The vision of the fund is to drive equitable representation of women as founders and investors in venture capital.

Swedbank signs partnership with SIA to enable faster payments across Europe

The Swedish bank Swedbank has signed a partnership with payment company SIA in order to tap into its fiberoptic network infrastructure called SIAnet.
Singapore

Singapore hires first ever government chief sustainability officer

Singapore has appointed Lim Tuang as its first ever government chief sustainability officer to drive the government’s sustainability efforts.

UAE InsurTech Hala inks $5m to expand market footprint

Abu Dhabi-based Hala has snared $5m from a funding round led by Mubadala Investment Company.

Hardware security firm Axiado nets $25m Series B

AI-driven hardware security company Axiado has closed an oversubscribed Series B round at $25m

Klarna backer Atomico raises $820m fund to back European startups

Atomico has announced the closure of its fifth fund. With $820m in fresh capital in its coffers, the venture capital firm now hopes to support more Series B and C startups across Europe.
kompasbank

kompasbank lands DKK92m to expand business lending

kompasbank, a Danish commercial bank dedicated to SMEs, has closed a capital round of DKK92m.

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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