UK to force financial institutions to publish net zero transition plans
UK Chancellor of the Exchequer Rishi Sunak has revealed that the UK will force financial institutions to publish its plans on how they will transition to net zero.
FCA eyes investment classifications in bid to support ESG
The UK’s Financial Conduct Authority (FCA) has released a discussion paper to classify and label investment products to help investors better manage their sustainability.
Owl.co nets $30m Series B to expand insurance platform
Insurance claims monitoring platform Owl.co has raised $30m in a Series B funding round led by Cota Capital.
Regnology taps new chief executive on the back of recent rebranding
RegTech firm Regnology has appointed Rob Mackay to the role of CEO following the company’s recent renaming from BearingPoint RegTech.
Paymynt Financial unveils new blockchain-based multicurrency smart card
Boston-based FinTech company Paymynt Financial said to launch MYNT PayCard, a multicurrency hardware wallet.
Regulation of stablecoins in sight following US Treasury body report
A recent report has called on the US Congress to regulate the issuers of stablecoins and has urged agencies to assess whether the coins pose a systemic risk.
InsurTech Mployer Advisor secures $1.6m funding
Insurance broker platform Mployer Advisor has raised $1.6m in a financing round led by Martin Ventures.
DevSecOps startup Oxeye emerges from stealth with $5.3m seed raise
Israeli firm Oxeye has arisen from a period of stealth by securing $5.3m in seed round financing.
What does the future hold for the WealthTech industry?
Like a wide range of other industries, the WealthTech sector has seen digitisation accelerate massively recently – with the pandemic only serving to speed up this trend.
Eventus deploys tech to help Tradovate boost trade surveillance
Eventus Systems has deployed its trade surveillance technology into Tradovate, an online brokerage firm, as part of a new partnership.