Company News

Only one in five consumers feel their bank values them as a customer

Recent research by marketing firm Ello has found only one in five consumers believe that their bank values them as a customer.

Climate disclosures to become mandatory in Japan from April 2022

Japan’s Financial Services Agency (FSA) has revealed it intends to make climate disclosures mandatory for large Japanese companies from April next year.

Contractors who fail to report breaches can be sued under new US DOJ initiative

A new initiative will allow US government contractors to be accountable in a civil court if they fail to report breaches or maintain required cybersecurity standards.

Virgin Money looks to aid firms’ ESG posture with new app launch

Virgin Money has introduced a new app focused on providing an assessment of a companies’ ESG impacts by measuring, tracking and offering guidance.

CBDCs to create ‘inevitable changes’ to payments landscape, McKinsey warns

A report by McKinsey has outlined the key challenges financial companies facing from the rise of central bank digital currencies (CBDCs).

Mark Cuban-backed Otto scores $4.5m seed financing

Texas-based Otto has raised $4.5m from a seed funding round led by venture capital firm Uncommon.

US and European expansion on the horizon for Futora following $6m raise

Israeli FinTech startup Futora has secured $6m in funding to fund product development and build out its sales processes in Europe and the US.

Security firm Gabriel nets $12m from SoftBank-led Series A

Sao Paulo-based company Gabriel has snagged $12m from a Series A funding round led by the SoftBank Latin America Fund.

Banking software developer finova launches from stealth alongside latest acquisition

Banking solution developer finova has acquired BEP, a cloud-based mortgage and savings software developer.

European Parliament votes for ban on AI-powered mass surveillance

The European Parliament has voted for a resolution that calls for the ban of AI-powered biometric mass surveillance technologies such as facial recognition across the continent.

News Stories

US-based CyberTech companies dominated this week's FinTech funding

US-based CyberTech companies dominated this week’s FinTech funding

it was a strong week for US-based CyberTech companies, accounting for eight of the total 26 FinTech deals covered this week.  In total, FinTech Global...
Realm.Security secures $5m in seed funding to streamline cybersecurity data management

Realm.Security secures $5m in seed funding to streamline cybersecurity data management

Realm.Security, a startup tailored for cybersecurity, has stepped out of stealth mode and announced a $5m seed investment spearheaded by Accomplice and Glasswing Ventures.
Fora Financial boosts liquidity with a record $126.9m asset-backed securitization

Fora Financial boosts liquidity with a record $126.9m asset-backed securitization

Fora Financial, a prominent FinTech company providing financial solutions to small and medium-sized businesses (SMBs), announced today the closure of its third and largest asset-backed securitization (ABS) valued at $126.9m.
Novatus Global bolsters RegTech prowess with $40m investment

Novatus Global bolsters RegTech prowess with $40m investment

Novatus Global, a London-based leader in regulatory technology, has announced a significant growth investment of $40m from Silversmith Capital Partners, a growth equity firm located in Boston.
Ledgebrook's innovative push in InsurTech garners $17m Series B funding

Ledgebrook’s innovative push in InsurTech garners $17m Series B funding

Ledgebrook, the rapidly growing InsurTech firm, has successfully closed a $17m Series B funding round.

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