Company News

This is how China plans to grow its FinTech sector

The People’s Bank of China has released a document outlining its three-year plan to empower the country’s FinTech sector, making it a new engine for the country’s financial development.

Xiaomi reportedly has a card up its sleeve for its rumoured Indian finance sector...

Chinese tech company Xiaomi is reportedly looking to launch a consumer lending business in India. And the mobile phone vendor might have a not so secret weapon to succeed.

2Checkout granted PSD2 payment institution licence as pressure to delay SCA rise

Dutch National Bank has granted the American monetization platform 2Checkout a Revised Payment Service Directive (PSD2) payment institution licence.

Finnish Telia and OP Bank enabled customers to buy frosty treats with just an...

OP Bank and Telia have trialled their new facial recognition payment service with an ice cream van.

BaFin delays SCA requirements for online credit card payments

Germany’s Federal Financial Supervisory Authority (BaFin) has made a temporary measure which allow online payments that do not meet strong customer authentication requirements.

Cryptocurrency xDai raise $500,000 in a Seed round led by NGC Ventures

Stablechain FinTech startup xDai has completed a $500,000 Seed round to improve its cryptocurrency platform.

Circle is gearing up to raise a $100m VC fund

Cryptocurrency startup Circle acquired the crowdfunding platform SeedInvest in March. Now it is looking for someone to handle its upcoming $100m venture capital fund.

FCA issues rules for CMCs to ensure promotions are not misleading

The UK’s Financial Conduct Authority (FCA) has released new rules requiring claims management companies (CMCs) ensure their advertsing does not mislead potential customers.

The CareVoice closes Series A on “eight-figure” sum

International healthcare and insurance startup the CareVoice has closed its Series A funding round on an ‘eight-figure’ sum.

What will Brexit mean for RegTech companies?

Britain is poised to leave the EU in the end of October. The divorce could affect everything from RegTech funding to legislation.

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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