Company News

Gen-Z financial management app Cleo bags $44m Series B round

Funding rounds for FinTechs focusing on younger generations have come in hot and fast lately, with Cleo becoming the latest one to top up its coffers by closing its $44m Series B.

CloudPay and Visa to improve payroll services

CloudPay, global employee pay provider, has partnered with Visa to reduce payroll payment cycles.

Knostic secures $3.3m to enhance GenAI access control frameworks

Knostic, a trailblazer in generative AI (GenAI) security, announced today that it has successfully closed a $3.3m pre-seed funding round.

Munich Re launches new hurricane response tools for insurers

Munich Re has released a new set of hurricane response tools to help insurance firms assess property damage after incidents.
X1

Robinhood expands into credit sector with $95m acquisition of X1

Robinhood, a stock trading app, has struck a deal to acquire X1, an innovative credit card startup, for a significant $95m cash settlement.

Xinja closes its banking services in Australia

Neobank Xinja may have raked in some of the biggest funding rounds in Australia, but now it's blaming Covid-19 and a tough market for its decision to drop out of banking.

RBI bars Paytm Payments from customer onboarding amid concerns

The Reserve Bank of India (RBI) has directed Paytm Payments Bank to stop onboarding new customers due to ‘certain material supervisory concerns’ observed in the bank.
Mastercard and VoPay have announced a strategic partnership to enhance money movement in Canada and internationally.

Mastercard and VoPay partner to revolutionise money movement in Canada

Mastercard and VoPay have announced a strategic partnership to enhance money movement in Canada and internationally. The partnership is driven by the growing demand for...

CloudCheckr closes $15m deal to drive innovation

The cloud management company CloudCheckr that enables customers to ensure their infrastructure is compliant with regulations have raised $15m
cybersecurity

White House unveils cybersecurity budget focus for FY 2025

The OMB and the Office of the ONCD has presented its five cybersecurity budget priorities for for fiscal year 2025.

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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