Industry News

Ubirider

Ubirider’s pioneering MaaS platform secures $1.95m for global expansion

Ubirider, a trailblazer in the mobility FinTech sector, has announced a successful close of its seed funding round, amassing an impressive $1.95m.
S&P

S&P Global introduces new nature & biodiversity risk assessment for investors

S&P Global's Sustainable1, an arm committed to ESG initiatives, has unveiled a fresh perspective on environmental investment.
Middle East

Middle Eastern investors embrace self-directed wealth management

WealthTech firm Velexa recently highlighted how the Middle East is proving to be a key hotspot for self-investing.
federal-bank-regulatory-agencies-issue-statement-on-crypto

Federal bank regulatory agencies issue statement on crypto

Federal bank regulatory agencies have issued a joint statement to highlight key risks for banking organisations associated with crypto-assets and the crypto-asset sector.
PreIPO

PreIPO to participate in $250m raise for SPiCE II

PreIPO, a provider of financial technology solutions, has entered a strategic funding alliance with SPiCE VC to enable the former to expand its tech.

Maximise your CDP score in 2024: Strategies for improved environmental reporting

As the first quarter of 2024 draws to a close, many professionals are anticipating a break from the demanding reporting season.
Unmasking PEPs: The growing call for transparency in financial dealings

Unmasking PEPs: The growing call for transparency in financial dealings

Swiss authorities recently took action against the daughter of Uzbekistan's former president, accusing her of crimes such as money laundering and bribery. This resulted in an asset freeze to the tune of $483m.
Federal-prosecutors-seize-nearly-$700m-in-assets-from-FTX-founder

Federal prosecutors seize nearly $700m in assets from FTX founder

Federal prosecutors have reportedly seized around $700m in assets from FTX founder Sam Bankman-Fried, as part of an ongoing court case.
FedNow

US Fed unveils FedNow, ushering in new era of instant banking transactions

In an endeavour to modernise financial transactions, the Federal Reserve launched its instant payment platform, the FedNow Service.
Cloudflare

Cloudflare strengthens SASE network with BastionZero acquisition

Cloudflare, a connectivity cloud company, has announced the acquisition of BastionZero, a zero-trust infrastructure access platform.

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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