Company News

CSS acquires AMFINE to launch end-to-end-enabled compliance reporting platform

RegTech100 company Compliance Solutions Strategies (CSS) has acquired AMFINE, a provider of SaaS-based regulatory reporting services to European asset managers, asset servicers and insurers.

Mode is looking to file an IPO worth £7.5m

UK FinTech Mode is said to be planning to float on the London Stock Exchange, raising £7.5m in the process.

Zwipe secures $10.63m in post-IPO raise

Biometric-enabled payment company Zwipe has raised NOK96m ($10.63m) in a post-IPO round to fuel the further development of its service well into 2021.

MarketFinance secures £50m in loan investment to help businesses struggling due to Covid-19

London-based MarketFinance has secured a £50m loan investment from Israeli asset manager Viola Credit to help UK businesses struggling because of the pandemic.

Fvndit has secured a $30m investment

California and Vietnam-based FinTech company Fvndit has secured $30m in a round led by Accial Capital and Variant Investments.

Salaryo secures $5.8m in new round aimed at protecting SMEs struggling from Covid-19

Freelance and startup-focused FinTech Salaryo has bagged $5.8m in a funding round and announce plans to grow into a full digital business banking service.

India-based Groww secures $30m in Series C round

Bangalore-based Groww has closed a $30m Series C financing round led by Y Combinator's growth-stage investment fund YC Continuity.

Identity verification platform Sumsub raises $6m in Series A round

Sumsub, an identity verification platform, has bagged $6m in a Series A round led by financial trading software provider MetaQuotes.

Snyk bags $200m in new funding round led by Addition

Having joined the unicorn club earlier this year, cybersecurity venture Snyk has added another $200m to its coffers in a new funding round.

Klarna could soon be Europe’s most valuable FinTech if reports about its upcoming funding...

Klarna may soon arguably be named Europe's most valuable privately held FinTech after news broke that the payment firm is in talks with investors to raise new funding that would push its valuation across the $10bn mark.

News Stories

NGFS

NGFS launches Version 2.0 of data directory to tackle climate finance risk

The NGFS Data Directory, an initiative led by major financial institutions including the BIS Innovation Hub Singapore Centre, the MAS and the Bank of France, aims to fortify the global financial sector against the burgeoning threat of climate change.
Bank of London

Bank of London secures £42m in oversubscribed funding round

Bank of London, a UK-based clearing bank and embedded banking service, has announced a successful £42m funding round.
MSIG Asia, a leading general insurance provider, has announced a new regional collaboration with Serenity Health Partners to transform the health insurance landscape.

MSIG partners with Serenity to reshape health insurance landscape in Asia

MSIG Asia, a leading general insurance provider, has announced a new regional collaboration with Serenity Health Partners to transform the health insurance landscape.
compliance

How new regulations and tech are shaping financial crime compliance

The landscape of financial crime compliance is rapidly transforming. Amidst political upheavals and technological advancements, the cost of compliance has become an integral part...
Thatch, a health benefits startup, has raised $38m in a Series A funding round led by Index Ventures and General Catalyst.

San Francisco-based Thatch raises $38m to revolutionise health insurance benefits

Thatch, a health benefits startup, has raised $38m in a Series A funding round led by Index Ventures and General Catalyst.

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