Company News

Swiss regulator reminds blockchain FinTech companies that they “cannot be allowed to circumvent” AML...

Switzerland’s Financial Market Supervisory Authority (FINMA) has issued new guidance for blockchain and cryptocurrency FinTech companies, warning them against breaking anti-money laundering (AML) laws.

honcho has launched to transform car insurance in a new “revolutionary” way

Reverse-auction marketplace app honcho has launched to make car insurers bid against each other for the privilege of insuring customers.

Nomanini raises $4m in new funding round led by South African Standard Bank

South African-based Standard Bank taps into Nomanini’s retail data through a new $4m funding round. The bank’s investment into Nomanini was completed by Goodwell Investments,...

LendingPoint pulls in $250m credit facility from Guggenheim Securities

Online lending platform LendingPoint has received a $250m credit facility from Guggenheim Securities.

Ping Identity rumoured to be targeting a valuation of up to £3bn as it...

American Ping Identity has filed for an initial public offering expected to raise $100m and make the company hit a valuation of up to $3bn.

The Digital Insurer and Strategy Meets Action partner wo support insurance digitalisation

The Digital Insurer (TDI) and Strategy Meets Action (SMA) have formed a strategic partnership in North America to improve digital transformation in insurance.

Ascent adds EMIR compliance support to its product portfolio

Compliance automation platform Ascent has released its European Market Infrastructure Regulation (EMIR) service to its platform.

German Raisin acquires pension specialist fairr

The European savings marketplace Raisin is acquiring fairr, the German retirement savings tech company.

CEDEX and U2 Diamonds enter joint venture to help issuers create ETFs

Blockchain-powered diamond exchange CEDEX and U2 Diamonds have teamed up to help issuers create a diamond exchange trading fund (ETF).

Goldman Sachs is beefing up its coding department

Wall Street giant Goldman Sachs is on a hiring spree to find coders to meet the trading demands of the modern world.

News Stories

US takes the gold for FinTech deals this week - Here are this week's 36 deals

US takes the gold for FinTech deals this week – Here are this week’s...

It was a strong week for US-based FinTech companies, with 17 securing fresh capital this week.  Aside from the US dominating the week for deals,...
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.

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