Company News

Payfone joins with UK mobile network operator to thwart digital fraud

Mobile identify authentication startup Payfone has partnered with O2, a U.K.-based mobile network operator.
fintech-news

Seedrs sees £85m invested in record year

Equity crowdfunding platform Seedrs is reporting a record year for the company with more than £85m invested into 158 deals on the platform.
SMEs

Why lack of technology is holding SMEs back

A recent study by expense management solution TripActions has found SMEs could be losing up to ?25m in extra revenue due to a lack of technology.
renminbi

What is the difference between onshore and offshore renminbi?

With China now being the world’s second largest economy, the renminbi has become a currency of great interest and value. What are the differences between onshore and offshore renminbi?

Neo bank Monument Bank partners with Persistent Systems for developing its infrastructure

Neo bank Monument Bank has partnered with Persistent Systems to build a cloud-native digital banking platform for lending and deposit services to support Monument’s operations.

Elon Musk faces $258bn lawsuit for allegedly defrauding Dogecoin investor

Elon Musk will face a $258bn lawsuit from an investor of the Dogecoin cryptocurrency for defrauding him through a crypto pyramid scheme.

Swedish EdTech Gimi partners with ABN AMRO for financial education

Children financial education app, Gimi, has partnered with Netherland-based bank ABN AMRO, to help educate young customers about personal finance and provide them with a safe platform to handle their bank accounts.

Goldman Sachs backs Selina Finance in $150m funding haul

Consumer lending platform Selina Finance has secured $150m in Series B funding made up of a combination of both equity and debt financing.

Bestow and Equitable team up to provide digital life insurance

Life insurance technology company Bestow has partnered with Equitable, a financial services company, to launch a digital term life insurance offering.Powered by Bestow’s platform,...

eflow Global launches major update to its regulatory reporting tool

UK-based RegTech company eflow Global has launched a major update for its regulatory reporting hub, TZTR.

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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