Company News

Charm

Charm Solutions bags $3.5m in seed financing raise

Charm Solutions, a FinTech startup that has offices in the US and Sweden, has secured $3.5m in a seed funding raise led by BootstrapLabs.

Sensa launches ‘pro-active’ insurance in US

Sensa, which calls itself a “pro-active insurance company” has launched its auto insurance offering in the US.

FBI finds cybercrime group has targeted US firms since November last year

The FBI has discovered that the OnePercent ransomware gang has been actively targeting US organisations since November 2020 as a ransomware affiliate.

Klarna launches global Consumer Council initiative to essentially get more feedback

Some companies are happy to do just customer surveys to get more feedback. Klarna has taken that idea one step further with its latest initiative.
ESG

How has the ESG regulatory landscape changed since the last Earth Day?

On April 22, we celebrated the 53rd annual Earth Day to celebrate the planet and move further towards protecting and celebrating the Earth.

FCA locks in changes to BNPL terms to cut consumer risk

The Financial Conduct Authority (FCA) has secured changes to potentially damaging terms in the contracts providing by a select number of buy now, pay later (BNPL) firms.

How financial institutions can succeed in mobile banking post-pandemic

A OneSpan blogpost has underlined how financial institutions (FIs) can compete in the mobile banking sector following the shifts brought about by the Covid-19 pandemic.

European Parliament calls for greater consumer protections in AI

The European Parliament has called for new rules which will protect consumers with interactions involving AI and automated decision-making (ADM).
Flagright

Flagright continues global expansion with Singapore launch

RegTech firm Flagright has revealed it has established a presence in Singapore as it continues its global expansion.

How Cloud Insurance helps insurers in “our chaotic and exciting world”

Cloud Insurance started life after a string of coincidences. Axel Sjøstedt was studying at university and to help pay the student financing he did some tech consulting on the side.

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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