Company News

French mobile payments app Lydia has revealed bold plans to launch a new mobile bank proposition and plunge €100m into the offering.

Semgrep, a code security solution designed for engineering-centric security programs, has raised $53m in a Series C funding round.

More than four-fifths (84%) of investors are planning to increase their allocation to alternatives over the next five years, according to a new report from AIFMetrics.

Lemonade, the digital insurance company that leverages AI technology, has expanded its pet insurance offering to customers in Massachusetts,

Challenger bank Zenus Bank has been permitted to act as a bank, taking it one step closer to its stated goal of enabling remote banking access for people around the world.

CyberArk has announced its agreement to acquire Venafi, a machine identity management firm, from Thoma Bravo for around $1.54bn.

The MAS and the Peoples Bank of China has established a green finance taskforce to deepen cooperation on green finance matters.

Massive amounts of capital have been injected into the FinTech industry in 2020, but ten companies raised bigger rounds than the rest.

The growth of non-fungible tokens (NFTs) has been stratospheric over the past two years, with the market showing no signs of slowing down in 2022. After recently hitting a $41bn value at the end of 2021, the number of prying regulatory eyes on the industry are growing. Will this be the year we see wholesale regulation on NFTs?

After Barclays allegedly cut ties with cryptocurrency exchange Coinbase, rumours spread that Spanish bank Santander had followed suit.