Company News

Women struggled more if they did not perform consistently well compared to their male counterparts due to bias, social norms and sexism, a new report by Women in Banking and Finance found.

Cryptocurrency trading firm Amber Group has entered unicorn status with $100m Series B round led by China Renaissance.

Greek insurance firm Hellas Direct has raised $32m in funding round supported by the European Bank for Reconstruction and Development (EBRD).

The United States Senate has confirmed Chris Inglis as the first ever cyber czar for the US government.

UK-based FinTech Novus has teamed with Visa and Railsbank to develop a mobile application that rewards users for purchasing sustainably.

JP Morgan Chase has bought British digital wealth manager Nutmeg as part of the US bank's expansion into the UK retail banking and investment market.

Open banking platform Finleap Connect has secured €22m from a Series A funding round led by SBI Investment.

Data and analytics software company Quantexa has partnered with UK rail firm Govia Thameslink Railway (GTR) to help stem the rising tide of rail fraud and double down on serial scammers.

UK's Financial Conduct Authority (FCA) found that while people are increasingly investing in cryptoassets and no longer think of it as a gamble, they should be "prepared to lose all their money."

Insurance company Bamboo Insurance has acquired certain of the assets of title insurance, settlement services and risk solutions provider First American Property and Casualty Insurance Agency (FAPCIA) from parent company First American Financial Corporation.