In SEC filing, Facebook discloses risks posed by Libra, proposed global currency system
Facebook has revealed the potential market risks for its new cryptocurrency Libra.
FinAccel acquires majority stake in Bank Bisnis
PT FinAccel Teknologi Indonesia, a directly controlled subsidiary of FinAccel, has acquired a majority stake in Bank Bisnis Internasional.
How Red Oak is leveraging AI to revolutionise compliance
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.
Floww nets $6.7m in seed funding
Data-driven investor marketplace Floww has raised $6.7m in a seed funding round led by angel investors and friends.
SEBI unveils robust disclosure rules to boost green financing in India
The Securities and Exchange Board of India (SEBI) has announced new investment and disclosure rules for ESG funds.
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.
Nord Security hits unicorn status following $100m capital raise
Nord Security, a digital security leader, has secured $100m in its first outside capital funding raise to raise its valuation to $1.6bn.
New Deloitte survey reveals major shift in corporate ESG strategies for 2024
A new survey from Deloitte has highlighted significant trends among public companies gearing up for enhanced ESG disclosures.
CredPal raises $1.5m to scale the platform
Nigerian FinTech CredPal has secured $1.5m in funding to build the "American Express of Africa".
Biden administration should prioritise cyber capacity for allies, report urges
A report has urged the Biden administration to prioritise cyber capacity building for allies and partners.