Company News

Oportun set to acquire neobank Digit in $213m deal

US FinTech company Oportun has entered an agreement to acquire neobanking platform Digit in a deal set to be worth $212.9m.

Mastercard signs deal with Facebook to enable Brazilians to send cash via WhatsApp

As Covid-19 forces more people to look for cashless alternatives, Mastercard and Facebook have inked a deal that offers a new way to send money digitally.
Inglis

NSA veteran Chris Inglis resigns as US national cyber director

Chris Inglis, a 30-year veteran of the National Security Agency, has stepped down as the US’ national director.

Alipay forms third partnership this month with companies in the Americas

Alipay has formed its third strategic partnership this month, completing a deal with Openpay (Mexico).

Ignite Systems, Nuon AI launch UK’s first insurance AI pricing service

Artificial intelligence specialist Nuon AI and leading broker policy administration software provider Ignite Systems have teamed up to deliver the UK’s first insurance AI...

MoneyGram partners up with Global Money Express

Cross-border payments and money transfer company MoneyGram has inked a partnership with Global Money Express, the South Korean money transfer and payment FinTech company.
CaixaBank

CaixaBank forms international consortium on cyber research

CaixaBank and 11 international entities have formed a European research consortium to explore ways to improve cybersecurity by using AI and big data.
fintech-news

Baringa targets RegTech market with SteelEye partnership

Baringa Partners, a European independent management consulting firms, has partnered with compliance and data analytics company SteelEye.

Aqua Security snaps up software development security firm Argon

Israeli cloud security company Aqua Security has announced the acquisition of its compatriot Argon.

Automating supplier onboarding processes – KYC Portal

While efficient logistics and supply chain management are recognised as an integral part of a firm competitive advantage, poor performance in logistics can still be the undoing of an otherwise successful company, according to a new blog from KYC Portal.

News Stories

Cognitive Credit

Cognitive Credit secures $10m to enhance global credit market solutions

Cognitive Credit, a provider of data and analytics software for corporate credit markets, has successfully closed a $10m Series B funding round. According to Tech...
Finmaal

TCC and Finmaal unite to advance carbon offset options in financial services

XTCC, a specialist in tradable financial instruments linked to high-integrity carbon credits, has formed a strategic partnership with Finmaal,

Uniqkey secures €5.35m to fortify SME cybersecurity across Europe

Uniqkey, the Denmark-based cybersecurity firm, has successfully secured €5.35m in funding to expand its robust cybersecurity solutions across Europe.

FCA urges banks to boost accessibility of basic bank accounts

The FCA is urging banks, building societies, and payment firms to enhance their efforts in making basic bank accounts more accessible.

Betashares’ $198m deals the only bright spot as Australian FinTech investment more than halves

Key Australian FinTech investment stats in Q2 2024: Australian FinTech funding in the second quarter dropped by 73% YoY Average deal size dropped from...

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