Company News

HKMA

HKMA reveals details on FinTech training subsidy pilot

The Hong Kong Monetary Authority (HKMA) has announced the details of its pilot scheme on training subsidies for FinTech practitioners.  

Klarna becomes Europe’s highest-valued private FinTech after netting $639m in funding

Swedish-based BNPL giant Klarna raised more than $639m in a new private fundraising round, led by Japan’s SoftBank, boosting its valuation to almost $46bn.
business

Business leaders gear up for heightened sustainability investment in 2024

In a turn towards sustainable business practices, over half of business leaders are poised to escalate investments in sustainability this year.

Covr Financial teams up with RetireOne

Covr Financial Technologies has partnered with RetireOne to support its long-term care and disability insurance offerings.
NetSPI

NetSPI receives major investment backing from KKR

Penetration testing and attack surface management company NetSPI has received $410m in backing from private equity juggernaut KKR.

People Bank of China set to begin green finance evaluation of major banks

The People Bank of China (PBOC) has revealed it will begin quarterly assessments of the green finance performance of 24 major Chinese banks starting 1 July this year.
FIFA

Visa reinforces stance as FIFA’s payment tech partner ahead of 2026 World Cup

An extended partnership between FIFA and Visa until 2026 aims to champion the growth of football and provide unparalleled support to players, fans, and clients.

Which? names Natwest as best UK bank for online security

Natwest has been named the best UK bank for online security by Which? after conducting an investigation of the best and worst in the industry.
Dais-Perr&Knight-partners-streamline-speed-to-market-insurance-products

Dais and Perr&Knight to streamline speed to market for insurers

Dais, a provider of no-code insurance product hosting solutions, has partnered with Perr&Knight, to streamline speed to market for insurance products.

Robinhood, CRED-backed teen focused neobank FamPay cashes in $38m from Elevation, Sequoia Capital

Teen-focused fintech startup FamPay raised $38m in a Series A funding round, led by Elevation Capital and major participation from existing investor Sequoia Capital India.

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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