Company News

Styra has bagged $14m in funding from Accel

Cybersecurity startup Styra has secured $14m in its Series A round led by Accel, the venture capital firm.

Martin Gilbert to step in as Revolut’s non-executive chairman

Having been first reported to be in talks with Revolut in July, Martin Gilbert has now publicly been confirmed as the challenger bank’s new non-executive chairman.

The African FinTech scene shows more signs of maturing as Nigeria gets a new...

Interswitch, the digital payments firm, has confirmed that it has reached a $1bn valuation after Visa, the payments company, invested in the enterprise. While it...

Facebook introduces new payment service Facebook Pay

Social media giant Facebook is strengthening its push into the FinTech space by announcing the launch of Facebook Pay, a new way to shop, donate and transfer cash across Facebook, Messenger, Instagram and WhatsApp.

TruNarrative expands its financial crime and compliance management offering to North America

European RegTech company TruNarrative is setting up a new US headquarters in Atlanta to cement its presence in the North American market.

ESMA offers three pieces of advice to European Commission on EMIR

The European Securities and Markets Authority (ESMA) has advised the European Commission how to assess comparable compliance of third-country central counterparties (TC-CCPs).

Wells Fargo has been found guilty of infringing two auto capture patents and forced...

Legalwise, it has not been a great week for Wells Fargo. First it was ordered by a US regulator to pay $14m for failing to uphold conduct standards and then a jury ordered the financial services company to pay $200m for infringing on two patents.

Funding Options to improve customer experience through DueDil deal

Funding Options, which offers companies an alternative to business finance, will simplify its customer journey and accelerate finance applications with new DueDil partnership.

OpenText to acquire cybersecurity company Carbonite in $1.42bn deal

Business management technology provider OpenText has inked a deal to buy Carbonite, the cybersecurity company, for $1.42bn.

Balderton’s new $400m investment fund is set to give European startups a powerboost

The venture capital firm behind some of Europe’s biggest FinTech success stories has just doubled down on its commitment to give promising entrepreneurs a leg up.

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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