Company News

Starling Bank’s co-founder’s new cryptocurrency startup Ziglu secures ?5.25m in seed funding

Having left Starling Bank back in 2016, Mark Hipperson is now back with his new venture Ziglu, which has just bagged ?5.25m in seed capital.

SIMON Markets forms another partnership this year

SIMON Markets has integrated with AnnuityNet, which is an order-entry solution for annuity transactions from EbixExchange.

slice bags $6m in pre-Series B financing round

Bangalore-based FinTech slice has raised $6m in a new funding round led by Gunosy.

Smartcar and Paydrive deal brings Sweden its first pay-per-mile solution

Smartcar, an API developer for cars, has partnered with Paydrive to offer affordable mileage-based insurance to Tesla vehicle owners in Sweden.

Wirecard has gone bust after scandal saw the FinTech unable to account for $2.1bn

FinTech Wirecard has filed for insolvency after a week of turmoil that saw it unable to account for a $2.1bn hole in its balance sheet and its former CEO being arrested on fraud allegations.

Farmers Insurance to underwrite Jetty’s insurance policies

Farmers Insurance will be the exclusive reinsurance provider to Jetty, a renters insurance platform, as part of a new deal between the two companies.

Vetina Healthcare launches its pet insurance platform Pawtect in India

Vetina Healthcare, a developer of animal healthcare products, has launched Pawtect in India to offer medical cover for dogs.

How are AML procedures in financial institutions being impacted by the Covid-19 pandemic?

With the chaos the coronavirus has put the world in, it’s easy for certain things to slip under the radar, the problem is these can be just as damaging to the business as the pandemic.

CardWorks and Ally Financial pull the plug on merger because of Covid-19

Back in February, technology-enabled finance lender and compliance solution CardWorks announced it would be acquired by digital financial services firm Ally Financial. However, now those plans have been cancelled.

Brazil’s central bank halts WhatsApp’s payment rollout

WhatsApp rolled out its mobile payment services in Brazil last week, but has already been suspended by the central bank.

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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