Company News

CyberTech Swimlane pulls in $70m Series C

Swimlane, a security automation startup, has raised $70m in a Series C funding round headed by Activate Capital.

UK implements protections for physical cash

The UK Financial Conduct Authority has new powers over the UK largest banks and building societies to ensure cash withdrawal and deposit facilities are available to communities across the country.

VISO Trust rakes in $11m Series A financing

VISO Trust, a provider of third-party cyber risk management solutions, has snared $11m in Series A funding.

PayTech giant Stripe to make its mark in Israel

US FinTech giant Stripe has launched its operations in Israel and begun recruiting local talent, a report by CTech has revealed.Stripe develops payment processing...

E-commerce fraud drops by 36% in 12 months

E-commerce fraud attacks have dropped by 36% over the past 12 months, as usage of 3-D Secure (3DS) transactions surge, research from LexisNexis® Risk Solutions claimed.

Rio Ferdinand-backed Sokin unveils subscription payments platform in UK, Europe

London-based PayTech firm Sokin has introduced the first subscription-based global payments solution in the UK and European markets.

Freelancer-focused neobank Lili snares $55m in Series B round

New York-based neobank Lili has raised $55m from a Series B funding round led by Group 11.

Tamara secures $6m in new investment round as buy now pay later industry is...

Saudi Arabia-based startup Tamara has secured $6m of seed capital on the back of increased activity in the buy now pay later sector.

Tide teams up with GoCardless to launch direct debit invoice solution

UK-based business banking platform Tide has inked a partnership with GoCardless, a global leader in recurring payments, to launch a invoice payments via direct debit service.

FinTech startup Lupiya bags $1m to fund the rollout of its financial inclusion tools...

Seven out of ten people in Zambia do not have access to formal financial services, but Lupiya hopes to change that on the back of a new $1m investment from Enygma Ventures.

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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