Singaporeans are getting excited about new digital banks

Singapore has opened up for new challenger banks to open up shop in the country and people are getting thrilled about it.
Protect AI

CyberTech Protect AI lands $13.5m seed investment

Protect AI, a cybersecurity firm focused on AI security and machine learning systems, has scored $13.5m in seed funding.

Huge majority of insurance executives see climate as key investment risk

A BlackRock study has found that 95% of (re)insurance executives are concerned climate risk will have a significant impact on portfolio construction over the next two years.

New phishing scam preys on coronavirus fears

A new phishing scam has been found which targets people’s fear of contracting the coronavirus, according to cybersecurity education platform KnowBe4.

Rural-focused FinTech SarvaGram lands $35m

SarvaGram, an India-based rural FinTech company, has scored $35m in a Series C investment round.  

Could Christmas be the death knell for credit card payments?

A recent report by Klarna has found that one in two UK consumers are planning to discard their credit card entirely for Christmas shopping this year.

Airbnb raises $1bn to tackle the coronavirus crisis

PropTech giant Airbnb has raised $1bn as it is dealing with a massive drop in business after COVID-19 caused huge disruptions in the travel industry.

Propeller lands $6.4m seed investment

Propeller, a US-based InsurTech, has raised $6.4M in seed funding led by a consortium of industry partners.

PlanGap recruits Insurex in its Social Security protection mission

PlanGap, a financial product innovation company pioneering Social Security protection, and Insurex have entered a strategic partnership to develop reinsurance solutions for the Social...

Identity verification startup Onfido scores $100m in new funding as it’s vying further expansion

Biometrics specialist Onfido has strengthened its financial muscles by raising $100m in fresh capital to fuel further expansions and tech developments.

News Stories

LendingClub reveals the strain of seasonal expenses on US financial health

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, and PYMNTS Intelligence have partnered to shed light on the financial challenges faced by US consumers.

Robin Smith takes on Chief Revenue Officer role at Praxent

Praxent, a financial services digital consultancy, has expanded its leadership by ushering in Robin Smith as Chief Revenue Officer. Smith, an enthusiast of FinTech and...

ESMA shifts focus: Navigating the digital and green transitions in 2024

The European Securities and Markets Authority (ESMA) has recently unveiled its work programme for 2024.
This week saw the FinTech sector flounder compared to seven days ago, as the space failed to meet the $1bn mark in deals completed.

FinTech sector drops this week with only 24 deals

This week saw the FinTech sector flounder compared to seven days ago, as the space failed to meet the $1bn mark in deals completed.

SEC reviews Scope 3 emissions in upcoming climate disclosure rules

The U.S. SEC has received feedback against the inclusion of Scope 3 emissions in their proposed climate disclosure rule.

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