Industry News

ClassWallet

Digital wallet ClassWallet secures $95m to innovate public fund management

ClassWallet has disclosed the successful closure of a significant institutional growth capital round totalling $95m. 
regulatory

The role of technology in shaping efficient regulatory compliance

The financial services sector stands at a pivotal crossroads, with regulatory reporting undergoing significant transformation.
RBI

India’s RBI launches framework for green deposit acceptance

The RBI has issued guidelines for acceptance of green deposits for banks and NBFCs where the funds can be used for green projects.
Will BNPL thrive or fail in high interest, high inflation market?

Will BNPL thrive or fail in high interest, high inflation market?

Buy now, pay later (BNPL) providers have thrived in a low interest and inflation market. As the market shifts the other way, will BNPL be in a fight for survival?
WealthTech's digital transformation: The 4 biggest trends shaping the sector

WealthTech’s digital transformation: The 4 biggest trends shaping the sector

WealthTech signifies much more than merely integrating technology into financial planning. At its core, it embodies a pivotal shift that is radically changing the dynamics of wealth management.
OakNorth

OakNorth pioneers climate risk analysis tool for commercial banks till 2050

OakNorth, the renowned SaaS partner for commercial banks, has announced a substantial upgrade to its ON Climate application.
AXA-venture-partners

AXA Venture Partners launched €1.5bn fund to support FinTech and InsurTech industry growth

AXA Venture Partners (AVP), a global venture capital firm specialising in high-growth, technology-enabled companies, announced the launch of a new strategy, targeting late-stage tech companies with a €1.5bn fund.
Dropzone

Dropzone AI secures $16.85m in Series A to boost cybersecurity operations

Dropzone AI, a pioneering cybersecurity company, has successfully secured $16.85m in Series A funding round.
Tandem Bank joins others in 2025 FinTech Pledge in the UK

Tandem Bank joins others in 2025 FinTech Pledge in the UK

UK challenger bank Tandem has joined the pledges of other tech companies to help drive positive financial actions for millions living in the UK.
The Radical Fund's $40m climate tech fund targets early-stage SEA startups

The Radical Fund’s $40m climate tech fund targets early-stage SEA startups

Announcing its first close of a $40m fund, The Radical Fund, a venture capital firm specialising in early-stage investments in the climate tech sector, has made waves in the FinTech industry.

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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