Company News

Fiat-to-crypto gateway aggregator Onramper snares $6m seed

Onramper, a company aiming to provide crypto-enabled applications with an easy-to-use fiat onramp, has inked $6m from a seed funding round.
Team8

Team8 secures $500m to propel startups in Cyber, FinTech, and AI industries

Team8, a fund known for its role in the digital transformation across various sectors, has announced the closing of funds.

Hunters collects $15m in Series A round

Tel Aviv-based cybersecurity company Hunters has bagged $15m in a Series A funding round from Microsoft M12 and U.S. Venture Partners.
Fidelity

Fidelity International unveils government bond fund focused on decarbonisation

Fidelity International, an investment management company, has launched the Fidelity Global Government Bond Climate Aware UCITS ETF.  

Flexiti buys $250m Canadian private label credit card portfolio

Flexiti Financial has purchased TD Financing Services' Canadian private label credit card portfolio for $250m.

Otonomo and Audi team up for data-driven insurance

Otonomo Technologies, which provides a mobility intelligence platform, has partnered with Audi to provide data-driven auto insurance services.
Aviva and Darwin Innovation Group have announced the expansion of their autonomous vehicle insurance project in collaboration with the University of Salford.

Aviva and Darwin expand autonomous vehicle insurance project

Aviva and Darwin Innovation Group have announced the expansion of their autonomous vehicle insurance project in collaboration with the University of Salford.

Insurance firm MATRIX Greece teams with Novidea to improve its digitisation

Novidea will supply its technology to MATRIX Greece to help the insurance firm offer it end-to-end digital support.
Cisco

Cisco announces intent to acquire Israeli cloud security firm Lightspin

Cisco has announced its intent to acquire cloud security software firm Lightspin Technologies in a deal valued around $200-250m.

New Frontier Group partners with Mambu to improve its digital banking solution

Banking solution provider New Frontier Group has partnered with SaaS banking engine developer Mambu to improve its digital banking offering.

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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