Industry News

Moove

Mobility FinTech Moove secures $76m in funding to expand globally

African-founded mobility FinTech Moove has announced a new funding round, securing a total amount of $76m.

Vesttoo announce interim CEO amidst fraud scandal, liquidate collateralised insurer 

Israeli FinTech Vesttoo has named Ami Barlev as its Interim CEO and closed a collateralised insurer amidst its fraud scandal. 
Sweet

Sweet Security raises $12m to innovate cloud runtime security solutions

Sweet Security, a pioneering firm focused on cloud security, has announced its arrival with $12m in seed funding.

PULSE extends debit fraud protection deal with FICO 

US FinTech PULSE has extended its debit fraud protection deal with global analytics software provider FICO.
Kivera

Cloud security innovator Kivera secures $3.5m as it enters US market

Kivera, a cloud security company that aims to prevent malicious attacks via cloud misconfigurations, has raised $3.5m in seed funding.

Visa UK introduce new measures to protect businesses from ‘friendly fraud’ 

Visa UK has revealed a litany of new measures designed to protect small businesses and combat ‘friendly fraud’. 
SphereX

SphereX bags $8.2m seed funding to revolutionise smart contract security

Web3 security company SphereX has announced $8.2 million in seed funding and the launch of its security solution, SphereX Protect.

BioCatch unveils Connect Portfolio in attempt to reduce financial scams 

BioCatch has launched the first fully integrated fraud and AML product portfolio designed to combat financial scamming. 

A deep dive into Kidbrooke’s OutRank solution

Quantitative finance researcher Kidbrooke has launched a new innovative financial simulation engine known as OutRank API. 
eflow

Why eflow Global is driving the SaaS revolution in RegTech

After over a ten-year gap between funding rounds, eflow Global has secured funding in its new focus as a 100% cloud-based SaaS model.

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.

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution