Company News

Insurtech Gateway incubator closes round of £2.5m led by Moxley Holdings

Moxley Holdings, the venture capital firm, has supported UK InsurTech incubator Insurtech Gateway with a £2.5m investment.

Why Luge Capital’s founder decided to bet on Canadian FinTech startups

On the back of having raised a $85m fund, the founders of venture capital firm Luge Capital are ready to help Canadian FinTech startups thrive.

Revolut’s user numbers are booming in Romania

UK-based challenger bank Revolut has signed up roughly 850,000 customers in Romania.

Robinhood has launched a UK waiting list as it looks to launch in Britain...

British Gordon Gekko-wannabes have reason to celebrate as Robinhood has launched a waiting list for its upcoming UK services.

Starling Bank now has over one million accounts

Digital-only bank Starling Bank has one million accounts on its books.

Hackers are attacking NextCloud programs with the new ransomware NextCry

Cybersecurity professionals warned that ransomware NextCry is infecting NextCloud’s systems.

Ex-CEO of Virgin Money’s new FinTech Snoop gets FCA approval

The UK’s top financial watchdog has given its thumbs up for a new payment app launched by the former boss of Virgin Money.

NIUM partners with Frente Corretora de Cmbio to provide cross-border payments solutions

Singapore-based global financial platform NIUM has become the latest FinTech player to make a push into Latin America through a new partnership.

ABN AMRO picks UnaVista to meet SFTR needs

Dutch bank ABN AMRO has chosen UnaVista to support its SFTR trade reporting and MiFID II transaction reporting processes.

BlueVine raises $102.5m in new Series F funding round

SME financing and banking services scaleup BlueVine has raised a huge $102.5m Series F round led by ION Crossover Partners, the venture capital firm.

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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