Industry News

DJUST

DJUST lands $12m for its B2B eCommerce platform

DJUST, the a B2B eCommerce Software-as-a-Service (SaaS) platform, has successfully raised €12m in a Series A growth funding round.
skyline-partners-satellite-data

Skyline Partners collaborates with Spire Global to leverage satellite data for InsurTech

Skyline Partners, a prominent UK-based InsurTech managing general agent (MGA) specialising in parametric insurance and risk transfer, is entering into a partnership with Spire Global, experts in satellite and space data.
guidewire-selected-by-texas-mutual-cloud-tech

Texas Mutual and Guidewire: Transforming the insurance industry with cloud technology

Texas Mutual Insurance Company, the premier provider of workers' compensation insurance in Texas, and Guidewire, a renowned software provider, have proudly announced their successful deployment of Guidewire InsuranceSuite on Guidewire Cloud.
admiral-group

Admiral Seguros collaborates with ING Spain for innovative digital bancassurance venture

Admiral Seguros, a key player in the Spanish motor insurance market and an operational arm of Admiral Group, and ING Spain, a renowned banking institution, have unveiled an innovative digital bancassurance partnership.
Can blockchain and GDPR harmoniously coexist?

Can blockchain and GDPR harmoniously coexist?

Navigating the intricate relationship between blockchain technologies and data protection regulations, especially the General Data Protection Regulation (GDPR), has proven challenging. OMNIA has explored how blockchain and GDPR can work together. 
APRA

Climate change risks to now be accounted for in Australia’s financial system

The Australian government has made it compulsory for the APRA to take into account climate change-related risks in its operations.
BOCI

Asia witnesses its first tokenised security via Bank of China’s BOCI

BOCI has taken a significant stride in the FinTech realm by launching the first-ever tokenised security in APAC.
CloudZero

CloudZero nabs $32m investment in new era for cloud cost management

CloudZero, a start-up specialising in cloud cost management, has announced a significant influx of capital.
Muinmos

Expanding horizons at Muinmos: Mohamed Mortada and Jesus Sanchez join in key roles

Muinmos has announced the appointment of Mohamed Mortada as sales manager and Jesus Sanchez as senior product manager.
Generational investment divide Young favour US while elders back Britain

Generational investment divide: Young favour US while elders back Britain

In Q1 2023, young investors exhibited a preference for US markets, while their older counterparts backed British funds, as per a recent report from smart money app Plum.

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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