Company News

Swoop scores ?5.4m in Series A financing

Swoop, a one-stop money shop for companies, has bagged ?5.4m in a Series A funding round.

Papaya to acquire Azimo to boost its payroll capabilities

Papaya Global, the global people management platform for the remote working era, has agreed to acquire Azimo, global digital cross-border payments service.

UK’s CMA warns Monzo over banking order breach

The UK’s Competition and Markets Authority (CMA) has warned Monzo over a breach of retail banking regulations.

China’s exchange regulator fines Tenpay for misconduct allegation

China State Administration of Foreign Exchange has reportedly fined Tenpay, which is owned by Tencent Holding, for foreign exchange rules violations.

What are the regulatory challenges and solutions for Forex brokers?

In an ever-changing regulatory landscape for companies in financial services, the need to stay up to date and compliant is vital.

Mox, Mastercard team to launch new tool to simplify card payment process

Hong Kong virtual bank Mox has partnered with Mastercard to introduce a new tool that allows Mox users to flip between spending on an all-in-one debit and credit card.

Robinhood CEO apologises for “unacceptable” shortcomings during the GameStop chaos

The boss of Robinhood has apologised in front of a congressional hearing for the stock-trading app's behaviour amidst the GameStop chaos.

PhonePe partially spins out of Flipkart and raises $700m

PhonePe is partially spinning out from Flipkart and has raised $700m in a round led by Walmart and supported by prior investors.

Pollinate teams up with Mastercard to enhance its software capabilities

Pollinate, a software developer helping digitise merchant acquiring for banks, has partnered with Mastercard to improve data insights for banks serving SMEs around the world.

Hippo Insurance acquires US P&C insurer Spinnaker Insurance Company

Home insurance company Hippo Insurance has acquired US-based national property and casualty insurer Spinnaker Insurance Company.

News Stories

slavery

Strengthening supply chain scrutiny under Australia’s new slavery laws

Modern slavery continues to deeply impact economies worldwide. A 2024 report by the International Labour Organization highlights a disturbing increase in profits from forced labour, which now total an estimated $236bn annually—a 37% jump since 2014.
Karma Wallet has partnered with Palomar to streamline the claims process and promote sustainable living through the launch of a new Visa Debit Card.

Karma Wallet and Palomar team up to streamline insurance claims with new Visa debit...

Karma Wallet has partnered with Palomar to streamline the claims process and promote sustainable living through the launch of a new Visa Debit Card.

Lineaje secures $20m to boost software supply chain security

Lineaje, a software supply chain management firm,  has secured a $20 million investment to elevate its artificial intelligence functionalities and bolster security.

GRI and TNFD release resource for enhanced biodiversity disclosure

The GRI and the TNFD have introduced a new resource aimed at harmonizing biodiversity reporting standards globally.
Laka, an award-winning bicycle insurance provider, has announced the expansion of its services to France.

Laka launches award-winning bicycle insurance in France

Laka, an award-winning bicycle insurance provider, has announced the expansion of its services to France.

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