Company News

Artela

Artela fetches $6m in a bid to supercharge blockchain scalability

Artela, a start-up focused on enhancing blockchain's scalability, announced that it has successfully raised a $6m seed funding round.

Ola to acquire neobank Avail Finance

ANI Technologies, the parent company of ride-hailing platform Ola Cabs, has reached an agreement to acquire a 100% stake in FinTech startup Avail Finance.

InsurTech Xpension nets €25m in Series C round led by HPE Growth

German InsurTech Xpension has raised €25m in a new Series C round led by growth investor HPE Growth.
multifi, a leading provider of innovative financial solutions for small and medium-sized businesses (SMBs), has announced the expansion of its credit offerings to include smaller credit limits tailored specifically for smaller businesses.

multifi expands credit offerings to empower SMBs

multifi, a leading provider of innovative financial solutions for small and medium-sized businesses (SMBs), has announced the expansion of its credit offerings to include...
OakNorth

OakNorth pioneers climate risk analysis tool for commercial banks till 2050

OakNorth, the renowned SaaS partner for commercial banks, has announced a substantial upgrade to its ON Climate application.
ESG

ESG Book releases ESG Performance Score to revamp sustainability assessments

ESG Book, a sustainability data and technology firm, has announced the release of its new product, the ESG Performance Score.

FinAccel acquires majority stake in Bank Bisnis

PT FinAccel Teknologi Indonesia, a directly controlled subsidiary of FinAccel, has acquired a majority stake in Bank Bisnis Internasional.

Curve hires former CEO of UK Payment Systems Regulator to advice the company’s leadership

Banking platform Curve’s executives have enlisted the help of a Hannah Nixon, the former CEO of the UK Payment Systems Regulator, to tap into her knowledge on regulatory activities and relationships.
fraud

Fraud detection in FinTech: The battle against synthetic identity theft

Flagright recently shone a light on the topic of fraud detection in FinTech, with a battle against synthetic identity theft ongoing.

FBI issues warning of ransomware attacks on local government

The FBI has warned local government entities of ransomware attacks disrupting operational services.

News Stories

Deutsche Bank and BASF initiate pioneering ESG finance programme in Asia

Deutsche Bank and BASF initiate pioneering ESG finance programme in Asia

Deutsche Bank has unveiled BASF’s inaugural sustainability-linked payables finance programme in Asia, concentrating on its operations in China.
PureFacts secures major investment from GrowthCurve

PureFacts secures major investment from GrowthCurve

PureFacts Financial Solutions, a renowned provider of revenue management solutions tailored for the investment sector, recently announced a significant development.
Tuum and ComplyAdvantage join forces to enhance compliance and operational efficiency

Tuum and ComplyAdvantage join forces to enhance compliance and operational efficiency

Tuum is a next-generation core banking platform, has partnered with ComplyAdvantage, a financial crime intelligence platform that offers AI-driven risk data and fraud detection technology to a global client base.
Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with AI

Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with AI

Wisedocs, an innovative leader in the InsurTech sector, recently received a significant financial boost. CIBC Innovation Banking has extended $4.5m CAD in growth capital financing.
MPower Partners fuels Teamshares' expansion into Japan

MPower Partners fuels Teamshares’ expansion into Japan

MPower Partners Fund, Japan's first ESG-focused global venture capital fund, has recently extended its investment portfolio by funding Teamshares, an innovative employee ownership platform targeting small businesses.

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