Exits

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.

Moody’s Corporation purchases pair of RegTech companies

Moody’s Corporation has acquired compliance automation platform PassFort and is set to purchase 360kompany, an onboarding technology developer.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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