Evolon Technology reels in $16m from Series A round
Security company Evolon Technology has secured $16m from a Series A funding round to help it further accelerate growth.
Rey Assurance emerges out of stealth with $1m pre-seed
InsurTech Rey Assurance has reeled in $1m in pre-seed funding to unveil its subscription-based digital insurance products in Indonesia.
Bestow and Equitable team up to provide digital life insurance
Life insurance technology company Bestow has partnered with Equitable, a financial services company, to launch a digital term life insurance offering.Powered by Bestow’s platform,...
New York launches FinTech development centre
The Federal Reserve Bank of New York has launched an innovation centre aimed at boosting FinTech developments for the central bank community.
Interswitch Group teams with Codebase Technologies to improve banking in Africa
Interswitch Group, which supports the digitalisation of payments in Africa, has established a strategic partnership with open API banking developer Codebase Technologies.
European regulators highlight vulnerabilities to FIs
The three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) have issued a joint statement on the increasing vulnerabilities in the financial sector.
BNPL platform Scalapay snags $155m in Tiger Global-led round
Italy-based payment solution that enables customers to buy now and pay later (BNPL) without interest Scalapay raised $155m in equity funding as part of their Series A round.
Striking a balance between compliance and customer experience during client onboarding
The onboarding process requires financial institutions to comply with increasing global and regionally specific regulations while also delivering an enhanced customer experience. As a result,...
Global Payments acquires accounts payable solution in $150m deal
PayTech company Global Payments has acquired MineralTree, an accounts payable automation and B2B payments platform, in a deal worth $500m.
French government teams up with IDEMIA for national identity card
The French government has picked augmented identity company IDEMIA to support its national eID card (CNie).
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