Industry News

Filigran

Filigran bags €5m for expansion of open-source threat management suite

Filigran, a European cybersecurity firm with its base in France, is on a growth trajectory after securing a €5m investment.
BoomFi

BoomFi breaks ground in crypto payment sector with lucrative $3.8m seed

Crypto payments company BoomFi has managed to pull in $3.8m in new seed funding to streamline payments involving crypto. 
Wallife unveils digital identity theft insurance to guard UK consumers

Wallife unveils digital identity theft insurance to guard UK consumers

Wallife, the Italian InsurTech, has taken a bold step to protect UK consumers from the ever-growing risk of online threats. Known for its innovative insurance...
Payabl. revolutionises retail with new POS terminals launch

Payabl. revolutionises retail with new POS terminals launch

Payabl., an esteemed FinTech institution renowned for its payment solutions, has unveiled its latest innovation – a new point-of-sale (POS) solution – specifically designed to bolster the growth of European merchants.
UK banks shelve sustainability amid economic turmoil

UK banks shelve sustainability amid economic turmoil

In a surprising twist, the number of UK banks considering sustainability as a central business strategy has dropped dramatically by 40% within a year, reveals a new report by digital transformation facilitator Hexaware Mobiquity.
Sumsub reveals future-proof, full-cycle verification platform

Sumsub reveals future-proof, full-cycle verification platform

London-based Sumsub, a globally acclaimed identity verification leader, today announces a revolutionary shift in its market positioning with the launch of a new full-cycle verification platform.
bolt and Bamboo pioneer new smartphone coverage products

bolt and Bamboo pioneer new smartphone coverage products

bolt, the largest technology-enabled InsurTech exchange in the country, has announced a significant partnership with Bamboo, an organisation delivering property and casualty insurance with a focus on simplicity, transparency, and savings.
ESA

ESAs declare war on greenwashing: How the EU is protecting financial sustainability

In a recent post by Novatus Advisory, the company outlined the European Supervisory Authorities understanding on greenwashing.
Truvity

Truvity bags €8m investment to push self-sovereign identity into mainstream

Truvity, renowned for its mission to instil trust and simplify inter-business collaboration, has made its initial public funding revelation.
EU

EU Commission’s new proposals aim to simplify sustainability reporting rules

The EU Commission unveiled a draft Delegated Act last Friday proposing alterations to the European Sustainability Reporting Standards.

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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