Company News

MSIM has held a first close for the 1GT climate private equity strategy at $500m of equity capital commitments.

Hong Kong-based forensic RegTech company Austreme has received approval for a patent for its e-commerce card testing fraud detection system.

Pakistani FinTech NayaPay has raised $13m from a seed funding round that is one of the largest ever seed rounds in South Asia.

Anorak will offer sole trader and personal customer insurance through the Starling Bank Marketplace.

Coinflow Labs, an instant settlement payment provider, has successfully closed its latest funding round, securing $2.25m.

When it comes to navigating the challenges of economic crime, establishing a threat matrix can be a key way to steady the ship.

Stripe launched a new tax compliance tool called Stripe Tax to help businesses automate the calculation and collection of sales tax, value-added tax (VAT), and goods and services tax (GST).

Skipify, a company that enables instant checkout on merchant websites and marketing channels, has recently closed a strategic investment round.

FinTech company OneConnect has teamed up with Union Bank of the Philippines (UnionBank) and Sinar Mas Multi-finance, a subsidiary of Sinar Mas Multiartha, to launch two new lending platforms in South-East Asia.

FinTech funding slowed throughout this week's funding rounds as only $332.65m was raised, despite a solid 21 deals being completed.