Company News

FlexPay has bagged $6m in a new investment round led by Impression Ventures

Canadian FinTech company FlexPay has raised $6m in a new funding round led by Impression Ventures, the venture capital firm.

British female-led startups more successful at bagging funding through Crowdcube

New research from Crowdcube suggests that UK women-led enterprises fare better on the platform than through other types of equity financing.

RegTech100 company Eventus Systems picks FinTech Itiviti’s drop copy solutions

Eventus Systems, the market risk management platform provider and RegTech100 company, has selected Itiviti’s Managed FIX Service to consolidate drop copies from market centres.

The Financial Action Task Force gives Norway’s anti-money laundering efforts a thumbs up

From: RegTech Analyst Norway has been hard at work since 2014 to ensure it has a robust system in place to prevent money laundering and...

FCA extends law making senior managers responsible for bad behaviour to include 47,000 firms

The Senior Managers and Certification Regime (SM&CR) has been extended it to include 47,000 more firms.

44 million passwords are being reused across Microsoft’s services alone

Despite repeated warnings over the years to not reuse passwords, people still fail to follow the guidelines.

Ping Identity reveals IPO for the New York Stock Exchange

Ping Identity, an IT security and identity authentication platform, has revealed its initial public offering of its common stock on the New York Stock Exchange under the name PING.

InsurTech startup By Miles is launching a connected car insurance policy for Tesla owners

From ThingCo to Direct Line, there is no shortage of firms offering creative new ways of offering car insurance to customers.

SIMON Markets creates new tools for finance professional

FinTech company SIMON Markets has expanded its digital platform to empower financial professionals to navigate the multifaceted world of indexed annuities to better serve their clients.

Lord Mayor of London William Russell is going to San Francisco to tout UK...

A delegation of early-stage UK startups and venture capital firms headed by Lord Mayor of London is going to California to champion British FinTech innovation.

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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