Company News

Swedish neobank Northmill launches Rebilla Card

The self-described tech bank Northmill has taken another step towards becoming a banking tour de force.

Worldline releases new payment solution for insurers

Worldline has released a new recurring payment solution for Swiss insurance companies.

Brazilian FinTech Cora raises $10m

Tech-powered SME lender Cora has bagged $10m to support its growth.

Robinhood now has ten million people on its platform

Stock-trading unicorn Robinhood has revealed that over ten million people have accounts on the platform.

Penta to support offline businesses with new SumUp deal

Germany-based digital business bank Penta will now support payments at offline small and medium businesses (SMBs) thanks to new partnership with card reader enterprise SumUp.

Atlassian security flaw exposed on Twitter

Atlassian, the enterprise software business that powers finance companies like BlackRock and Janus Capital, has had a cybersecurity vulnerability in its systems exposed on Twitter.

Regulators are still lenient with MiFID II – Cappitech claims

Companies are still struggling to get their systems compliant with MiFID II, but regulators have been lenient, a report from Cappitech claims.

African DPO Group saw a 35% jump in Black Friday online payments

FinTech in Africa is on the rise. The latest sign is DPO Group noticing a 35% spike in digital transactions during Black Friday in South Africa.

Adyen’s CEO was surprised at how effective AI was to prevent fraud

Global payments unicorn Adyen is looking into how artificial intelligence can boost its payments offering, highlighting how the tech can boost the industry as a whole.

Californian FinTech Migo bags $20m in new Series B round to tap into Latin...

San Francisco-headquartered FinTech Migo has announced that it has raised $20m in a new funding round.

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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