Company News

Chipper Cash bags $6m in seed round

P2P payment startup Chipper Cash has secured new investment to expand into new African markets.

Litigation finance platform Legalist has secured $100m in a new venture round

Legalist, a FinTech startup and Y Combinator alumni, has just announced that it has completed a $100m venture round to help people finance their lawsuits.

HKMA gives four banks a digital banking licence

The Hong Kong Monetary Authority (HKMA) has granted four virtual banking licences under its Banking Ordinance.
fintech insurtech wealthtech regtech ai cybertech esg news

Starling, Anorak partner to offer consumers access to life insurance advice

UK-based challenger bank Starling has partnered with digital life insurance platform Anorak, adding the InsurTech solution to Staling Marketplace.The deal was formed to provide...
fintech-news

Symbiont, Ranieri Solutions to bring blockchain technology to the mortgage industry

Blockchain solution developer Symbiont has partnered with Ranieri Solutions, a FinTech investment firm.
fintech insurtech wealthtech regtech ai cybertech esg news

OurCrowd launched 13th investment fund, just weeks after previous fund close

Crowdfunding platform OurCrowd has launched its 13th fund on $50m, just weeks after the launch of its previous vehicle.

Nordic FinTech hub expands to Finland with new partnership

Newly-formed ecosystem builder Nordic FinTech Hub has formed a partnership with Helsinki FinTech Farm to help with expansion into Finland.Nordic FinTech hub, which is...
Yoga

Yoga Insurance adds Ageas to car insurers panel

UK-based Yoga Insurance has added Ageas UK, a large motor insurer, to its panel of private car insurers.
SEC

SEC slaps real estate firm with $600m fine for ponzi scheme

The Securities and Exchange Commission (SEC) has charged National Reality Investment Advisors and four of its former execs for running a ponzi-like scheme.
Federal Reserve

Federal Reserve to launch real-time payments service in summer 2023

The Federal Reserve has accelerated the timing of the launch of FedNow, its real-time payments service, to the summer of 2023. ?

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.

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution