Company News

VulnCheck

Exploit intelligence firm VulnCheck announces $7.95m seed investment

VulnCheck, the exploit intelligence company, has successfully completed its seed funding round, securing a total of $7.95m.

Who are the new compliance and risk leaders in the digital-first world?

A recent whitepaper by identity verification company Trulioo has sought to define the traits of the new leaders in compliance, risk and IT security in the world of today.

REvil ransomware group returns following short period offline

The REvil ransomware gang – also known as Sodinokibi – has fully returned following a period in the darkness since July this year.
LumiShare

Digital asset management firm LumiShare bags $3.2m

LumiShare, a blockchain-based digital asset management ecosystem, has netted $3.2m from the Abu Dhabi royal family.

Ant Financial Group takes minority stake in Swedish unicorn Klarna in new deal

Alibaba’s payment arm has bought a minority stake in Klarna as the Swedish FinTech looks to grow its global reach.
ZestyAI, a leading provider of climate and property risk analytics solutions, has announced a partnership with Florida Peninsula Insurance Company to improve risk outcomes for insurers and property owners across the state. 

ZestyAI partners with Florida Peninsula to revolutionise property risk assessment

ZestyAI, a leading provider of climate and property risk analytics solutions, has announced a partnership with Florida Peninsula Insurance Company to improve risk outcomes for insurers and property owners across the state. 

Kettle secures funding to extend California wildfire insurance safety net

Reinsurance startup Kettle has snared $25m in Series A funding to expand insurance coverage for those affected by wildfires in California.

Emerging markets set to lead mobile wallet uptake by 2025

A global study by Boku has found that emerging markets in Latin America and Africa and the Middle East are set to see the largest uptake in mobile wallets by 2025.
Kraken

Kraken launches NFT marketplace beta to the public

Kraken, a digital asset platform, has unveiled the public beta launch of Kraken NFT, the marketplace for collectors to explore, discover and securely trade NFTs.

ESMA wants to hear what the securities industry thinks about its new proposals

From: RegTech Analyst The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, is thinking of changing the Benchmarks Regulation, the rules that aim...

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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