Company News

Lemonade rolls out US pet insurance coverage

Lemonade, the digital insurance company that leverages AI technology, has expanded its pet insurance offering to customers in Massachusetts,

Float eyes transformed payments with $11m backing from Standard Bank

Float has recently secured a significant financial boost after the firm was granted an $11 million facility by Standard Bank.

InsurTech NY opens application process for next accelerator

InsurTech NY has opened the application window for its new InsurTech accelerator programme, which will focus on growth-stage startup.
China

China and Singapore ink deal on a green finance taskforce

The MAS and the Peoples Bank of China has established a green finance taskforce to deepen cooperation on green finance matters.

InsurTech app Honcho embarks on final testing phase

UK-based InsurTech Honcho has set its sights on an early 2019 launch as it unveils its VIP early access programme. The company has completed the...

Is regulation on the horizon for NFTs?

The growth of non-fungible tokens (NFTs) has been stratospheric over the past two years, with the market showing no signs of slowing down in 2022. After recently hitting a $41bn value at the end of 2021, the number of prying regulatory eyes on the industry are growing. Will this be the year we see wholesale regulation on NFTs?
Greenly

Greenly elevates carbon management with $52m Series B windfall

Greenly, a pioneer in carbon management, has recently successfully secured a $52 million Series B funding round.

Affirm could be the next FinTech to launch its IPO and could reach a...

Buy now, pay later company Affirm may be the next FinTech to be eyeing an initial public offering, which could see it valued at a mammoth $10bn.
Diligent

Diligent introduces board reporting dashboard for ESG posture

Diligent has launched Board Reporting for ESG, a ‘first-of-its-kind’ dashboard to provide a full view of an organisation’s ESG posture.

Ascent, FCA collaborate to componentise the FCA Handbook

Ascent RegTech has formalised a collaboration with the Financial Conduct Authority to componentise the FCA Handbook.

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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