Industry News

Securiti

Unified data controls firm Securiti lands investment

California-based unified data controls company Securiti has secured an investment from Citi Ventures and Capital One Ventures.
Ellipsis

Ellipsis Labs secures $20m for DeFi innovation on Phoenix exchange

Ellipsis Labs, the pioneering force behind the esteemed on-chain Phoenix exchange, has recently secured $20m in Series A funding.
ESG

Florida Governor DeSantis unveils alliance to ban ESG investing

Ron DeSantis will head an alliance aimed at banning the use of ESG considerations in state and local pension funds.  

Nations rally for sustainability with ISSB standards adoption

In a move towards greater sustainability, nations across continents are laying the groundwork for a new era of financial transparency.
BitKeep

BitKeep secures $30m investment from Bitget

BitKeep, a decentralised multi-chain wallet, has secured $30m in investment from crypto copy trading platform Bitget.

CMA highlights risks in AI foundation models market, vows robust regulatory measures

The Competition and Markets Authority (CMA) recently updated its stance on AI Foundation Models (FMs), signalling heightened regulatory scrutiny over market dynamics that could hinder competition.
IASB

IASB unveils project on climate-related risk disclosure requirements

The IASB has launched a new project aimed at exploring changes to requirements for firms to disclose climate risks in financial statements.

Pliant secures over €18m in Series A extension led by PayPal Ventures

Pliant, a burgeoning business-to-business (B2B) credit card platform, has recently closed a significant funding milestone.
Orb

Modern pricing platform Orb scores $19.1m in Series A

Orb, a pricing platform, has landed $19.1m in total funding across Series A and seed funding rounds. The Series A round – headed by...
ComplyAdvantage

ComplyAdvantage acquires Golden to bolster financial crime intelligence

ComplyAdvantage, a leading firm in financial crime intelligence, and Golden are joining forces in a significant acquisition.

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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