Exits

Thousands of Californians are on the brink of losing their home insurance this summer as two major insurers, Tokio Marine and Trans Pacific Insurance, announce their exit from the state.

California homeowners face insurance crisis as Tokio Marine and Trans Pacific exit

Thousands of Californians are on the brink of losing their home insurance this summer as two major insurers, Tokio Marine and Trans Pacific Insurance, announce their exit from the state.
pension

The digital dawn of pension planning in the UAE

Pension planning in the UAE is at a time of take-off. WealthTech firm Kidbrooke recently took the opportunity to delve into the topic.
Bitcoin

Is 2023 the year of Bitcoin’s death?

A blogpost by European Central Bank representatives has remarked that the current turmoil being seen in the crypto markets is ‘Bitcoin’s last stand’. 
Bank North

Bank North set to wind down following Series B failures

UK-based neobank Bank North has gone bust after the company failed to raise a new funding round.
Private equity firm FPL Partners exits Accordion

Private equity firm FFL Partners exits Accordion

Private equity firm FFL Partners has exited its position in Accordion, a private equity-focused FinTech consulting firm, selling its shares to Charlesbank Capital Partners.
qenta_inc acquires Noble Money in mission for financial inclusion

Qenta acquires Noble Money in mission for financial inclusion

Qenta, a financial infrastructure platform, has acquired Noble Money, an international remittance platform, to improve financial inclusion in emerging markets.

Google to purchase Mandiant in blockbuster $5.4bn deal

Google is set to acquire cybersecurity firm Mandiant in an all-cash deal that is being valued at $5.4bn.

RegTech company Ideagen accepts $1.3bn acquisition offer

GRC software management solutions developer Ideagen has agreed to a £1.05bn ($1.3bn) acquisition offer from private equity firm Hg Pooled Management.

PayTech TreviPay acquires Baton in undisclosed deal

TreviPay, a payment and credit management firm for B2Bs, has snapped up fellow PayTech Baton Financial Services for an undisclosed fee.

Madison Dearborn Partners buys MoneyGram for $1.8bn

Chicago-based private equity firm Madison Dearborn Partners has acquired MoneyGram International, a digital P2P payments company, in a $1.8bn deal.

News Stories

A total of $570m was raised across 26 FinTech deals this week - Catchup on them here

A total of $570m was raised across 26 FinTech deals this week – Catchup...

Global FinTech funding round activity stayed relatively stable this week, matching similar levels to last week.  A total of $570m was raised across 26 deals,...

InsurTech funding tops $1bn in February as AI investment surges

Global investment in InsurTech firms surpassed $1bn in February, as investors swooned over artificial intelligence-driven platforms. The total was heavily influenced by a major capital...
video

dacadoo’s role in the health and finance revolution

The connection between health and financial wellbeing might not be obvious, but they are deeply intertwined. FinTech Global recently sat down with Thomas Dijohn, senior...
Cylake

Cybersecurity firm Cylake secures $45m seed round

Cylake, a cybersecurity company focused on AI-native and data-driven protection for highly regulated organisations, has officially emerged from stealth with $45m. The company has raised...

Finastra launches OperatorAssist AI payments tool

Finastra has introduced a new AI-powered solution designed to help financial institutions manage payment operations more efficiently. The company announced the launch of OperatorAssist,...

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