Company News

Cybersecurity spending increases as companies combat rising threats

Cyber threats are as troublesome as ever and with masses of people working from home, attacks could be rising. Financial institutions are noting the rising threat and have increased their spending budgets for defences.

MarketOrders launches blockchain to prevent gold and jewellery fraud

Gold and jewellery marketplace MarketOrders is launching an end-to-end blockchain solution in order to combat inefficiencies and minimise fraud.

The eight startups picked for the Holt Fintech Accelerator’s 2020 batch

Canadian Holt Fintech Accelerator has announced the eight FinTech companies to join its 2020 cohort.

Spilit is looking to raise $100 to fuel global expansion plans

Buy now, pay later company Splitit is reportedly looking to top up its finances with a new round after Covid-19 changed consumers spending habits.

24 FinTech investment rounds from the last week that could tell you about the...

As COVID-19 continues to wreak havoc in the global economy, FinTech companies have continued to raise capital. Here's what the rounds from the past seven days tell us.

Apple said to be buying mobile payment company Mobeewave

Technology giant Apple has reportedly acquired mobile payment technology developer Mobeewave to potentially transform iPhones into payment terminals.

Affirm could be the next FinTech to launch its IPO and could reach a...

Buy now, pay later company Affirm may be the next FinTech to be eyeing an initial public offering, which could see it valued at a mammoth $10bn.

Check out these 32 RegTech funding rounds from July

In the midst of the Covid-19 crisis, these 32 RegTech companies have successfully secured funding over the last month.

Acuant integrates iProov’s biometric authentication solution into its identity verification platform

Biometric authentication company iProov has signed a partnership with Acuant, which will integrate iProov into its platform to provide robust online face authentication services.

Parliamentary group criticises regulators for their treatment of challenger banks during Covid-19

A new report from a cross party group of MPs has slammed the UK's regulators for not keeping the neobanks and building societies at the front of mind during the pandemic.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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