Company News

KRM22 and Veridate Financial join force in new partnership

KRM22, a provider of risk management technology and software for capital market firms, has partnered up with Veridate Financial, the digital onboarding company.

5 million pension savers at risk of scams – FCA and TPR claim

The UK’s Financial Conduct Authority (FCA) and the Pensions Regulator (TPR) have warned that 42 per cent of pension savers in the UK, around five million people, are at risk to scammers.

InsurTech startup Brolly launches new product Brolly Contents to plug big market gap

UK insurance app company Brolly has unveiled Brolly Contents, a home contents insurance service.

Mastercard acquires Nets in $3.19bn deal

Mastercard has agreed to acquire the majority of payments processor Nets in a deal worth $3.19bn.

Accenture picks eight FinTech startups for its FinTech Innovation Lab Asia-Pacific programme

FinTech Innovation Lab Asia-Pacific is IT company Accenture’s mentorship programme for new ventures innovating in the financial sector. It just announced that only eight candidates have been selected to take part in the latest batch.

The Monetary Authority of Singapore unveils new sandbox option to boost FinTech innovation

Singapore’s financial regulator has launched a new initiative to provide FinTech innovators with a faster way to test their ideas. But it won’t be open to everyone.

Commonwealth Bank of Australia to invest $5bn in technology over the next five years

Hot on the heels of its investment in FinTech unicorn Klarna, Commonwealth Bank of Australia has reiterated that it is committed to invest $5bn...

FinecoBank adds more options with inclusion of Canadian stocks

Italian bank FinecoBank has added the Canadian Stock Exchange to its services, providing more options for its investors.

Swedish unicorn Klarna becomes valued at $5.5bn after raising a $460m equity round

Klarna, the payment and banking company, has raised $460m in a new equity funding round, which has pushed its valuation past the $5.5bn mark and makes it Europe’s largest FinTech enterprise.

Elevator Ventures and UNIQA Ventures invest in kompany

RegTech scaleup kompany has closed a new venture deal supported by Elevator Ventures, Raiffeisen Bank International´s (RBI) venture capital arm, and UNIQA Ventures, the VC firm.

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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