Industry News

M-KOPA

M-KOPA lands $250m to scale across Africa

M-KOPA has raised over $250m in new debt and equity funding to expand its offering to underbanked consumers in Sub-Saharan Africa.
Labour

Labour’s promises 350 new banking hubs to revitalise UK high streets

The Labour Party has committed to opening "at least" 350 banking hubs across the UK should they be victorious in the 2024 general election.
PYOR

Global institutional participation in digital assets set to soar as PYOR raises $4m

PYOR (Power Your Own Research), a firm focused on the provision of high-fidelity data and insights for the assets industry, has raised $4m in...

Complyport Launches AI Compliance Tool

Complyport, a leader in RegTech solutions, has introduced ViCA.Chat, a cutting-edge Virtual Compliance Assistant powered by AI.
4trans-allianz-trade-partnered-to-boost-EU-SME-funding

Allianz Trade joins 4Trans to boost EU SME funding

4Trans, a FinTech firm specialising in financial products for supply chain and logistics companies, and Allianz Trade, a prominent player in the insurance sector, have embarked on a strategic partnership.
MAS

Singapore’s derivatives market overhaul: Understanding the MAS rewrite

In a significant move set for October 2024, the MAS will implement changes to the over-the-counter (OTC) derivatives reporting requirements.
Chinese

Microsoft uncovers Chinese cyberespionage on US Pacific territory

A Chinese cyberespionage initiative has been detected that focuses on the essential infrastructure within Guam by Microsoft. 

Sebi tightens broker regulations to shield investors from fraud

SEBI, the regulatory authority for securities in India, has unveiled updates to its guidelines aimed at enhancing market integrity and protecting investors.
MAS

Google Cloud, MAS forge partnership to enhance AI capabilities in financial sector

The Monetary Authority of Singapore (MAS) and Google Cloud have partnered to focus on the development and use of Generative AI applications.
HCLTech unveils AI-driven solutions for real-time event intelligence in IT

HCLTech unveils AI-driven solutions for real-time event intelligence in IT

HCLTech, through its DRYiCE solution, has launched its latest product, IntelliOps Event Management (HCL IEM), which promises to revolutionize IT operations with its AI-powered...

News Stories

UK leads European FinTech market Q2 2024 with a third of all deals

UK continued to dominate the European FinTech market with a third of all deals...

European FinTech investment stats in Q2 2024: FinTech deal activity in Europe dropped by 77% YoY UK continued its domination of the European FinTech...
AutoRek and Calastone unite to revolutionise fund manager reporting

AutoRek and Calastone unite to revolutionise fund manager reporting

AutoRek, a leading automated financial controls platform, has joined forces with Calastone, the world's largest global funds network.
Silverflow and Chesapeake Bank team up to revolutionise payment processing in the US

Silverflow and Chesapeake Bank team up to revolutionise payment processing in the US

Silverflow, a cloud-native payment processing innovator, has recently formed a strategic partnership with Chesapeake Bank, a community-focused financial institution renowned for its proactive adoption of cutting-edge payment technologies.
Asset Reality partners with Taxbit to enhance digital asset seizure and disposal

Asset Reality partners with Taxbit to enhance digital asset seizure and disposal

Asset Reality and Taxbit, two prominent players in the digital asset management and compliance sector, have recently joined forces in a strategic partnership.
Klarna and UATP forge strategic alliance to revolutionize payment options in the $1trn air travel sector

Klarna and UATP forge strategic alliance to revolutionize payment options in the $1trn air...

UATP, renowned for its robust global payment network that facilitates streamlined payment processes, has entered into a strategic alliance with Klarna, a leader in AI-driven global payments.

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