Company News

HSBC Australia signs new deal with Identitii

HSBC Australia has signed a new license with Identitii, a blockchain and tokenisation platform that supplies data needed to process, reconcile, and report on payments.

Alterna Bank partners up with bank operating system provider nCino

FinTech startup nCino will provide its banking operating systems to Alterna Bank in a new deal.

Commercial loan FinTech Blooma has grabbed $2.75m in a new seed round

San Diego-based Blooma has closed a new funding round led by Floodgate, the early stage venture capital investor.

Israel to fast track around 2,000 licenses for FinTech and blockchain companies

Israel’s government is reportedly set to fast track around 2,000 FinTech and blockchain companies currently looking to get licences from the country’s regulator.

BBVA to launch its online onboarding technology everywhere it operates

Having already introduced its biometric identification technology in Spain, BBVA is now rolling out the service everywhere it operates.

Jumio joins NICE Actimize’s X-Sight Marketplace to assist companies with AML

Digital identity startup Jumio has joined NICE Actimize’s X-Sight Marketplace, an ecosystem designed to assist in financial crime management.

BitMEX is restricting access to users in the Seychelles, Hong Kong and Bermuda

Crypto derivatives exchange platform BitMEX is restricting access to its services in Seychelles, Hong Kong and Bermuda, citing security reasons.

Crypto exchange startup INX Limited plans to raise $129.5m in IPO

INX Limited, a crypto exchange, is reportedly planning to go public and to rake in $129.5m in the process.

Root Insurance set to net $350m and a $3.65bn valuation through its next funding...

InsurTech startup Root Insurance is poised to raise $350m and, as a result, reach a $3.65bn valuation. The Wall Street Journal reported that the Series...

Tokio Marine partners with Plug and Play’s InsurTech program in Singapore

Japanese property and casualty insurance group Tokio Marine Holdings has partnered with Plug and Play’s InsurTech program in Singapore.

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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