Company News

Stilt nabs $100m in warehouse facility to support US immigrants

Stilt, which provides financial services to immigrants in the US, has raised a $100m warehouse facility from Silicon Valley Bank.

Metaverse economy could reach $13trn valuation by 2030

A report by Citi has predicted that the fledgling Metaverse economy could be worth $13trn by 2030.

Wirecard working together with WHSmith to expand the retailer’s digital payment offerings

Digital payments solutions company Wirecard has joined forces with WHSmith. Together, the two aim to give the retailer more opportunities to cash in on digital payments.
Trustmi

Cybersecurity firm Trustmi bolsters payment security with $17m funding

Trustmi, a cybersecurity-focused FinTech firm, today celebrated its global launch, aiming to revolutionise business payment security.

BukuWarung has raised another funding round

Indonesian FinTech BukuWarung has raised an undisclosed funding round said to bring the total invested into the Indonesian FInTech to $20m.

CyberTech CertiK hits $2bn valuation with $88m Series B3

CertiK, a blockchain security startup, has raised $88m in a Series B3 funding round co-led by Advent International, Insight Partners and Tiger Global.

Banking app Monese and cross-border deposits marketplace Raisin launch new service

Monese Savings is the new brainchild born out of a collaboration between Monese, the banking app, and Raisin, the cross-border deposits marketplace.
Plerion

Aussie cybersecurity startup Plerion secures $10m seed funding

Cyber startup Plerion, founded by industry veterans Mike Rahmati, Paul Garner, and Pierre Liddle, has recently closed a $10m seed round. 

Kin launches its landlord insurance plan in Florida

Kin, which is transforming home insurance through technology, has launched its landlord insurance plans, which will debut in Florida.

Akur8 unveils global program for insurance pricing advanced practices

InsurTech firm Akur8 has launched the Akur8 academy, a global training, development and upskilling program for insurance pricing advanced practices.

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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