Industry News

Co-buyer-platform-nestment-selects-obie-as-insurance-partner

Co-buyer platform Nestment selects Obie as insurance partner

Obie, an InsurTech startup that offers insurance risk management for real estate investors, has been selected by Nestment as its insurance partners to streamling the insurance process for co-buyers.
HeavyFinance generates 250,000 carbon credits to combat European CO2 in 2024

HeavyFinance generates 250,000 carbon credits to combat European CO2 in 2024

HeavyFinance, the renowned European climate tech platform focused on agriculture, has announced a bold commitment: generating a staggering 250,000 carbon credits within the UK and European domains by 2024. This positions them prominently as one of the most significant producers of carbon credits.
Aflac-forms-joint-venture-Trupanion-to-protect-japans-pets-insurance

Aflac and Trupanion form joint venture to protect Japan’s pets

Aflac Incorporated, a Fortune 500 company insuring more than 50 million people in Japan and the US, has formed a joint venture with Trupanion to provide pet insurance in Japan.
How wealth planning software solves orphan challenge in insurance

How wealth planning software solves orphan challenge in insurance

Orphans in insurance can cause a multitude of compliance issues, and WealthTech company Kidbrooke believes wealth planning software is the way to fix the problem.
NX Technologies

Automotive payments FinTech NX Technologies bags €11m

NX Technologies, which supports payment processes for the automotive industry, has secured €11m in a Series A raise.
The key to financial innovation: Overcoming data aggregation challenges

The key to financial innovation: Overcoming data aggregation challenges

In the ever-evolving world of financial services, the integration and management of diverse financial data stand as a cornerstone for innovation and customer satisfaction.
Morningstar

Morningstar Sustainalytics unveils low carbon transition ratings offering

Morningstar Sustainalytics, a global provider of ESG research, ratings and data, has launches its low carbon transition ratings.

Chainguard secures $140m in Series C to bolster software security

Chainguard has announced a boost in its financial standing by securing $140m in a Series C funding round, catapulting its valuation to $1.12bn.
Clausematch

Clausematch and Solitaire Consulting link to boost compliance solution outreach

Clausematch has partnered with Solitaire Consulting, an independent management consultancy firm based in Jersey, Channel Islands.

US Treasury unveils comprehensive cloud security framework for financial services

The U.S. Treasury, in collaboration with the Financial Services Sector Coordinating Council (FSSCC), has officially released a comprehensive suite of resources tailored for financial services institutions.

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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