Tradeworx sells trading platform to Blueshift Asset Management

Tradeworx has sold its trading business to Blueshift Asset Management, so it can focus on its financial market big data solution Thesys Technologies.
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Alipay partners with Zapper for UK payments

Chinese mobile payments service Alipay is partnering with UK consumer insights and marketing platform Zapper.
New York

New York Fed, MAS link to explore wCBDCs for cross-border payments

The Federal Reserve Bank of New York and the Monetary Authority of Singapore (MAS) have linked to explore the use of wholesale CBDCs for cross-border payments.

11 UK FinTechs to build connections with Australia

Eleven UK FinTechs have arrived in Australia on a special government trade mission to build connections with businesses and government in the country.

Digital bank Umba snaps up majority stake in Daraja

Digital bank Umba has acquired a 66.6% stake in Kenyan microfinance outfit Daraja as it looks to expand its presence on the continent.

Monzo founder backs Mast in ?1.2m funding round

Mast, a cloud-native mortgage origination platform, has raised ?1.2m in a funding round headed by Antler VC.

Gaviti scores $9m in Flashpoint-led Series A

Gaviti, a FinTech that helps firm recoup outstanding receivables through its automated platform, has closed a Series A round on $9m.

Key trends in the insurance market for 2022

FinTech Global recently conducted an interview with data and analytics software firm, Quantexa to discuss key insurance market themes from this year and what the industry should look out for in 2022.

Neptune and Attune team up to provide flood coverage to businesses

AI-driven flood insurance company Neptune Flood has partnered with Attune Insurance, a New York-based commercial insurance marketplace to provide business owners with flood insurance.Brokers...

Crypto firm Cobo scores $40m Series B to develop DeFi platform

Singaporean FinTech firm Cobo has raised $40m from a Series B funding round to develop what it claims is the first ever DeFi-as-a-service platform.

News Stories

medius-strengthens-spend-management-offering-through-ai-powered-expensya-acquisition

Medius strengthens spend management offering through AI-powered Expensya acquisition

Medius, an eminent provider of accounts payable (AP) automation based in Stockholm, Paris and Tunis, has disclosed plans to acquire Expensya, an expense management software enterprise.
C6 Bank launches Brazil's first automatic carbon calculator

C6 Bank launches Brazil’s first automatic carbon calculator

C6 Bank, a progressive Brazilian financial institution, has taken a significant step towards sustainable banking by introducing the country's first automatic carbon footprint calculator product.
digital-trade-finance-platform-mitigram-bags-11m-eyeing-accelerated-growth

Digital trade finance platform Mitigram bags $11m, eyeing accelerated growth

Stockholm-based Mitigram, delineated as the pioneering force in the realm of digital platforms dedicated to global trade financing, has raised $11m in fresh funding.
Payrails scales FinOps with $14.4m funding led by EQT Ventures

Payrails scales FinOps with $14.4m funding led by EQT Ventures

Payrails, a Berlin-based FinTech firm providing a robust payment operating system for global platforms, announced today its successful fund-raising effort.
lendingstandard-accelerates-with-a-6-7m-boost-in-funding

LendingStandard accelerates with a $6.7m boost in funding

LendingStandard, a Kansas City-based startup, has secured $6.7m in a fresh funding round. 

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