Company News

SparkPlug

SparkPlug lands $8m in Series A haul

SparkPlug, a US-based provider of an incentive management and wage supplementation platform, has bagged $8m in its Series A. 

Earthquake insurance platform Jumpstart partners with Acrisure

Jumpstart will be distributing its earthquake insurance through insurance broker Acrisure in a new partnership.

Banks target more FinTech acquisitions, partnerships to boost market standing

A report by Lloyds Bank has found more UK banks are targeting collaboration and acquisitions with FinTech firms to strengthen their position in the growing market.
Flagright

Flagright and Traxion link to revolutionise security in digital transactions

Flagright has announced a strategic partnership with Traxion, a key player in transforming digital transactions in Southeast Asia.
MEPs

MEPs approve new stricter cybersecurity rules

New rules requiring EU countries to meet stricter supervisory and enforcement measures as well as harmonising sanctions have been approved by MEPs. According to...

Smartly closes doors due to “intense” competition in Singapore

Singapore-based robo-advisor Smartly has closed down operations after competition in the market was too “intense.” The company has issued a statement on its website stating,...

ING Group named leading institution in financial crime risk

ING Group has been listed as the leading institution in financial crime risk management in a ranking from Elucidate, a risk quantification platform.
Frankfurt

Frankfurt wins bid to host EU’s new AML Authority

Frankfurt has been selected to house the new Authority for AML and Countering the Financing of Terrorism (AMLA).
Visa

Visa unveils new incoming CEO

Visa has named Ryan McInerney as the new chief executive of Visa effective from February 1, 2023.  

Insuritas to build insurance agency for University First Federal Credit Union

Insurance solution builder Insuritas will design and launch a credit union owned, full service insurance agency on behalf of University First Federal Credit Union.

News Stories

Solid week for FinTech deals with 28 recorded

A total of $459m was raised across all the FinTech deals that were recorded this week by FinTech Global.  Leading the way of all the...
Paystand spearheads zero-fee B2B payments network expansion into Canada

Paystand spearheads zero-fee B2B payments network expansion into Canada

Paystand, renowned for its blockchain-enabled B2B payments, is extending its zero-fee network to Canada, enhancing the scope of its services beyond the initial limited offering since 2018.
Hex Trust joins forces with Grass to revolutionize AI data collection

Hex Trust joins forces with Grass to revolutionize AI data collection

Hex Trust, a prominent digital asset solution provider catering to institutional finance and the Web3 ecosystem, has announced a strategic partnership with Grass.
Avaloq and Zürcher Kantonalbank launch innovative digital asset service

Avaloq and Zürcher Kantonalbank launch innovative digital asset service

Avaloq has introduced its cutting-edge digital asset platform at Zürcher Kantonalbank (ZKB), one of Switzerland's premier banking institutions, in collaboration with Fireblocks.
Barq and Mastercard collaborate to transform payment technology in Saudi Arabia

Barq and Mastercard collaborate to transform payment technology in Saudi Arabia

Barq, a pioneering FinTech startup from Saudi Arabia, has joined forces with the global financial services giant, Mastercard.

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