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

Velocity raises $38m to push stablecoins into treasury

Velocity raises $38m to push stablecoins into treasury

Velocity, a stablecoin treasury and settlement platform targeting enterprise payments infrastructure, has raised $38m in Series A funding as businesses explore alternatives for cross-border...
Reg S-P

Marketing teams can’t leave Reg S-P to security anymore

Regulation S-P has long been filed away as a problem for privacy officers, cybersecurity teams and legal departments. That assumption is now a liability,...
compliance

The $304bn compliance bill hiding a growth leak

Compliance has quietly become a tax on growth for banks and FinTechs. Around $304bn is spent globally every year on anti-money laundering (AML) and...
Bibby

Bibby secures €250m HSBC deal to fuel SME growth

Bibby Financial Services, the international financial services provider, has secured a €250m facility from HSBC UK as it looks to deepen its backing of...
finance

Can the Skills Compact keep UK finance globally competitive?

More than 20 financial services organisations have committed to a new government-backed agreement to close the sector's widening skills gaps. The Financial Services Skills Compact,...

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