Company News

Facebook has revealed the potential market risks for its new cryptocurrency Libra.

PT FinAccel Teknologi Indonesia, a directly controlled subsidiary of FinAccel, has acquired a majority stake in Bank Bisnis Internasional.

In an era of increasing regulatory complexity, artificial intelligence (AI) has become essential in enhancing compliance efforts, offering new capabilities for managing and automating regulatory tasks. Among the leaders in this field is Red Oak Compliance Solutions, a company that has transformed advertising and marketing review processes.

Data-driven investor marketplace Floww has raised $6.7m in a seed funding round led by angel investors and friends.

The Securities and Exchange Board of India (SEBI) has announced new investment and disclosure rules for ESG funds.

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.

Nord Security, a digital security leader, has secured $100m in its first outside capital funding raise to raise its valuation to $1.6bn.

A new survey from Deloitte has highlighted significant trends among public companies gearing up for enhanced ESG disclosures.

Nigerian FinTech CredPal has secured $1.5m in funding to build the "American Express of Africa".

A report has urged the Biden administration to prioritise cyber capacity building for allies and partners.