Company News

Bricknode outlines plan to profitability

Bricknode, a SaaS financial services platform, has revealed a series of measures to accelerate its route to profitability.

CalTier opens Series A funding round on $5m

CalTier, a FinTech crowdfunding platform, has launched its Series A round of funding at $5m.

Blockchain payments network CoreChain secures $4.2m seed

CoreChain Technologies, a company that claims to be the first digital B2B payments network built on blockchain, has snared $4.2m in seed financing.

Vulnerability remediator Vicarius lands $24m Series A

Vulnerability remediation platform Vicarius has scored $24m from a Series A financing raise led by AllegisCyber Capital, JVP and AlleyCorp.

Is Eventus Validus platform the silver bullet for simplifying global trade surveillance?

Established in 2015, Eventus Systems is a provider of multi-asset class trade surveillance and market risk solutions for customer bases such as broker-dealers, banks and crypto exchanges through its trademark Validus platform. How can Validus help simplify global trade surveillance?

Chubb to acquire Cigna’s life and non-life insurance firms in select APAC markets

P&C insurer Chubb has entered a deal to buy the life and non-life insurance companies of Cigma in seven Asia Pacific markets for a total of $5.75bn.

Lightico snares $15m in Capital One-backed Series B

US customer interaction firm Lightico has secured $15m from a Series B funding round led by Capital One Ventures.

Quantifind forms a contract with the US’ Department of Defense

Quantifind, a SaaS platform designed to automate financial crimes investigations and screening, has formed a deal with the Defense Innovation Unit (DIU) within the U.S. Department of Defense.

Cashplus to acquire icount’s portfolio

Banking and credit service provider Cashplus has signed a definitive agreement to acquire the current account portfolio of icount.

The European Central Bank is reducing the burden of reporting for banks

The European Central Bank (ECB) has reduced the reporting burden banks in Europe face without impacting the amount of information it is able to collect.

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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