Company News

32 rounds raised in the last week that could add some optimism despite Covid-19

From InsurTech to RegTech, the last week showed that some sectors may be able to benefit from the coronavirus crisis.

InsurTech NY opens application process for next accelerator

InsurTech NY has opened the application window for its new InsurTech accelerator programme, which will focus on growth-stage startup.

Revolut adds another $80m to its Series D round

Having already bagged $500m in its Series D round in February, Revolut has now topped up its accounts with another $80m.

Is the UK losing its shine as a FinTech hotbed?

Robinhood pulled the plug on its UK expansion this week. Now, some fear that other FinTechs will also leave the nation.

Problem solving is the key to personalised banking

Solving customers' problems online can offer a more personalised experience with banking providers, according to a new blog from Nucoro.

Digital bank TBC Bank goes live with Capital Banking Solutions’ open platform in Uzbekistan

TBC Bank goes live in Uzbekistan, powered by Capital Banking Solutions's integrated banking software solutions CapitalBanker and CapitalConnect.

B2B cross-border payments will not fully recover until 2022 – new research claims

The total value of B2B cross-border payments is expected to reach $35trn in 2022, recovering from the hit to the market caused by the Covid-19 pandemic, according to a new study from Juniper Research.

Selina Finance bags ?42m in new round to strengthen its loan capabilities for SMEs

SME loan FinTech Selina Finance has raised ?42m in a new round to grow the business.

Former Wirecard CEO Markus Braun arrested again for his alleged part of a multi-billion...

Markus Braun, the former top boss at disgraced FinTech giant Wirecard, has been arrested for a second time in Munich for his alleged role in a multi-year fraud.

bunq founder fears Brexit could force more FinTechs to leave Britain

Stocktrading app Robinhood has scraped its plans to expand to the UK. Now, the founder of bunq is concerned that it could just be the first FinTech to up sticks.

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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