Industry News

Bixby

Bixby secures $5.5m to expand credit information platform

Bixby Research and Analytics, a provider of credit information on private syndicated loan issuers, has scored $5.5m in a Series A.
financial crime

Labour proposes crackdown on UK’s financial crime epidemic

David Lammy, the UK's shadow foreign secretary, is unveiling plans to combat the pervasive issue of financial crime in the UK.
EBA

EBA identifies retail payments fraud, over-indebtedness as key policy challenges

The EBA has published its 8th annual consumer trends report that summarised trends in the consumer protection space.
Revolut enhances international transfers with new mobile wallet partnerships in Africa

Revolut enhances international transfers with new mobile wallet partnerships in Africa

Revolut, the global financial app with over 40 million customers, has expanded its Mobile Wallets feature by introducing partnerships with Airtel, Orange Money, and MTN.
Hodoko

Hodoko teams with Citi to power payments on renewables marketplace

Hodoko has partnered with global financial services firm Citi to power payments for its first-of-its kind renewable energy marketplace Covento.
AI

How can AI transform customer onboarding?

The role of artificial intelligence is continuing to evolve within the FinTech sector. As firms get to grips with the technology's potential, many stakeholders...
Akur8-to-enhance-next-insurances-pricing-processes

Akur8 to enhance NEXT Insurance’s pricing processes

Akur8, the next generation insurance pricing solution powered by transparent machine learning, has been selected by NEXT Insurance to help scale pricing capability framework.
Stake

Real estate FinTech Stake raises $14m to expand into Saudi market

Stake, the leading digital platform for real estate investment, has successfully raised $14m in a recent funding round.
Why US FinTechs need to scale beyond domestic shores

Why US FinTechs need to scale beyond domestic shores

The US is a huge market for FinTech, enough that seeking international expansion is not a necessity for major growth. However, international payment solutions and infrastructure provider Currencycloud argues that US FinTechs should start looking abroad. 
Tietoevry

Tietoevry Banking invests in advanced card personalization site in Riga

Tietoevry Banking has announced the expansion of its card personalization services in Riga, enhancing its global FinTech capabilities.

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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