Company News

TransferWise granted licence to operate in Australia

International transfer company TransferWise has secured a licence to operate in Australia from the Prudential Regulatory Authority.

Singapore’s Incomlend bags $20m Series A round to democratise trade finance

Shipping companies face many monetary uncertainties, but Incomlend hopes to alleviate some of those concerns on the back of its new $20m Series A round.

PayPal among investors backing Gojek

FinTech PayPal has joined up with Facebook-owned WhatsApp in backing the Indonesian payment, e-wallet, food, ride-hailing app Gojek, according to Reuters.

VC Wellstreet becomes majority shareholder of PropTech Pixery Media

Swedish PropTech startup Pixery Media has announced that it has a new majority shareholder: the venture capital firm Wellstreet.

Rokk3r Insurtech to support Genasys’ expansion

Company builder Rokk3r Insurtech is helping insurance Software-as-a-service provider Genasys target new markets through a new partnership.

Why UK banks need to up their financial education initiatives

Worryingly, over 90% of British consumers believe they are uneducated about personal finance and nearly half (47%) of them are looking to banks to help them, research shows.

Autonomous checkouts platform Standard Cognition acquires DeepMagic

Autonomous checkout service provider Standard Cognition has acquired DeepMagic to support its own platform.

Utah becomes 2nd US state to launch regulatory sandbox

The US state of Utah has launched a regulatory sandbox to help businesses launch operations in the region.

Moneythor, ANZ partner to improve customer personal finance

Digital banking solution developer Moneythor has been selected by Australia-based bank ANZ to boost its customer experience.

Tyler Technologies agrees to acquire Socrata

End-to-end information management company Tyler Technologies has agreed to acquire Socrata, a data-driven platform for accelerating digital government.

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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