Company News

FBI arrests alleged hacker who accessed over 100 million of Capital One customers’ data

Financial holdings company Capital One has revealed that it fell victim to an extensive hack attack on March 22 and 23, which saw the perpetrator get access to information about roughly 100 million American and six million Canadian customers.

OnDeck’s shares tank after the FinTech unicorn’s Q2 results failed to impress investors

New York-based OnDeck’s shares dropped by over 22 per cent on Monday July 29 after its second quarter earnings disappointed investors.

The real reason why FinTech investments in Africa is booming

We're revealing how Africa’s underbanked population and mobile phones gave rise to a massive FinTech market.

German deposit marketplace FinTech Raisin strikes major deal with Legal & General

Berlin-based Raisin, the European deposit marketplace, has teamed up with British Legal & General, the financial services group and investor, to provide the latter’s customers with protected cash savings accounts.

Nigerian Flutterwave partners up with Alibaba to tap into the China-Africa trade

The San Francisco and Lagos-based FinTech startup Flutterwave aims to leverage a new partnership with e-commerce giant Alibaba to take a slice of the China-Africa trade. This trade is estimated to be worth $200bn.

Abra mobile app to restrict services for US users due to regulatory issues

Cryptocurrency wallet and exchange Abra will be restircting its US users due to regulatory challenges in the country.

Cryptocurrency community platform Glu seeks £300,000 in new crowdfund

Cryptocurrency company Glu has launched a new crowdfunding campaign on Seedrs.

Africell to spend part of a $100m loan on expanding its infrastructure and FinTech...

African telecom company Africell secured a huge loan in May from the US government, which it will now use to build up its infrastructure and FinTech capabilities.

The EBA publishes new clarifications for PSD2

The European Banking Authority (EBA) has published a new set of clarifications regarding APIs under PSD2.

Infosys launches Bucharest cybersecurity centre to digitally defend European and global businesses

Romania’s capital just became the home of Infosys’, the global digital services provider, new digital defence centre as the company aims to protect more European and global ventures from hackers.

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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