Company News

SMEs want more education around Open Banking – Intuit Quickbooks claims

Despite Open Banking first being revealed two years ago, there is still a lot of confusion around what it actually is, a new study from Intuit QuickBooks claims.

The 24 FinTechs to make Plug and Play’s Fall Accelerator

Of the 123 startups to make Plug and Play Fall accelerator, 24 are FinTech companies, offering solutions from anti-fraud to automated bookkeeping to personalised loans, and much more. So who has made that list?

Payments FinTech nsKnox raises $15m in Series A round

Corporate payment?protection start-up?nsKnox has raised $15m in a Series A investment round, as it plans the global expansion of its service platform.The round was...

IA opens doors to FinTech accelerator supporting the asset management ecosystem

The Investment Association (IA) has opened its gates to applications for the debut cohort of its FinTech accelerator.
fintech-news

IDnow launches KYC solution for crypto providers

IDnow, a provider of an Identity-as-a-Service platform that can verify users in real time, has launched a KYC solution for crypto providers.

Tradeworx sells trading platform to Blueshift Asset Management

Tradeworx has sold its trading business to Blueshift Asset Management, so it can focus on its financial market big data solution Thesys Technologies.
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Alipay partners with Zapper for UK payments

Chinese mobile payments service Alipay is partnering with UK consumer insights and marketing platform Zapper.
New York

New York Fed, MAS link to explore wCBDCs for cross-border payments

The Federal Reserve Bank of New York and the Monetary Authority of Singapore (MAS) have linked to explore the use of wholesale CBDCs for cross-border payments.

11 UK FinTechs to build connections with Australia

Eleven UK FinTechs have arrived in Australia on a special government trade mission to build connections with businesses and government in the country.

Digital bank Umba snaps up majority stake in Daraja

Digital bank Umba has acquired a 66.6% stake in Kenyan microfinance outfit Daraja as it looks to expand its presence on the continent.

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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