Company News

Auditboard

AuditBoard secures $3 Billion acquisition deal with Hg

AuditBoard has reached an agreement to be acquired in a transaction valued at over $3bn, by Hg.
Ayan

Ayan Capital drives Islamic finance forward with £2.3m seed raise

Islamic car finance platform Ayan Capital, a London-based fintech startup, has successfully closed a £2.3m debt and equity seed round.
Userfront

Userfront secures $5.3m to enhance SaaS identity solutions

Userfront, a transformative auth and identity platform for SaaS businesses, has concluded its latest funding round, raising $5.3m.
UK

UK’s FinTech solutions cut fraud rates, inspiring global strategies

A report by LexisNexis Risk Solutions highlights the key role of FinTech in shaping the landscape of digital fraud attacks globally, with a particular...
Aflac Incorporated, a prominent provider of supplemental health insurance in the U.S., has announced a strategic partnership with Nayya.

Aflac teams up with Nayya to revolutionise supplemental health benefits access

Aflac Incorporated, a prominent provider of supplemental health insurance in the U.S., has announced a strategic partnership with Nayya.
SiriusPoint, a global specialty insurer and reinsurer, has announced the appointment of Jim McKinney as Chief Financial Officer, effective June 3, 2024.

SiriusPoint welcomes Jim McKinney as new CFO to propel growth strategy

SiriusPoint, a global specialty insurer and reinsurer, has announced the appointment of Jim McKinney as Chief Financial Officer, effective June 3, 2024.
QuoteWell, a tech-driven insurance wholesale broker, and the Independent Insurance Agents of Texas (IIAT) have joined forces to enhance the wholesale brokerage experience for IIAT’s extensive network of over 9,000 agency members.

QuoteWell partners with IIAT to revolutionise insurance brokerage experience

QuoteWell, a tech-driven insurance wholesale broker, and the Independent Insurance Agents of Texas (IIAT) have joined forces to enhance the wholesale brokerage experience for IIAT’s extensive network of over 9,000 agency members.
BBVA, a prominent Spanish banking group, has signed a deal with OpenAI to implement ChatGPT across its workforce.

BBVA agrees deal with OpenAI to implement ChatGPT across its workforce

BBVA, a prominent Spanish banking group, has signed a deal with OpenAI to implement ChatGPT across its workforce.
IBM Envizi has announced a wave of updates to its ESG Suite aimed at empowering businesses to effectively navigate their emissions reduction targets in response to increasing climate disclosure demands.

IBM Envizi bolsters ESG Suite

IBM Envizi has announced a wave of updates to its ESG Suite aimed at empowering businesses to effectively navigate their emissions reduction targets in response to increasing climate disclosure demands.
Muinmos

Muinmos and Blade Labs forge alliance to transform Web3 compliance

Muinmos has partnered with Blade Labs to tackle the fragmented and ineffective KYC processes that currently exist in the Web3 space.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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