Industry News

Shift-Technology-renews-partnership-with-direct-assurance-french-insurer

Shift Technology renews partnership with French insurer Direct Assurance

Shift Technology, a provider of artificial intelligence-based decision automation and optimization solutions for the insurance industry, has renewed its collaboration with French insurer Direct Assurance.
climate

S&P study uncovers the huge economic toll of climate change by 2050

A recent report by S&P Global Ratings has highlighted the alarming economic implications of climate change. Titled “Lost GDP: Potential Impacts Of Physical Climate Risks,”...
TS Imagine enhances hedge fund treasury solutions through strategic Kayenta partnership

TS Imagine enhances hedge fund treasury solutions through strategic Kayenta partnership

TS Imagine, a premier global provider specializing in trading, portfolio, and risk management solutions for financial institutions, has joined forces with Kayenta, an acclaimed...
How to ensure security with collaboration software

How to ensure security with collaboration software

Hybrid work has split teams across multiple locations, but teamwork and collaboration are still the core of any organisation. The speed information can be shared across an organisation can make or break the company.
Metlife-Everest-partner-group-life-insurance-business

Everest enters UK market with MetLife

Global insurer Metlife has partnered with Everest, a funeral planning and concierge service firm, to serve its group life business.
Rapid7

Rapid7 snaps up ransomware prevention firm Minerva Labs

Rapid7, a cloud risk and threat detection firm, has acquired CyberTech firm Minerva Labs for an undisclosed fee.

Cairo-based FinTech Bokra secures $4.6m to revolutionise WealthTech in MENA

Bokra, a Cairo, Egypt-based FinTech, has recently announced a successful $4.6m pre-seed funding round.
SEB

SEB and Crédit Agricole CIB unveil sustainable digital bonds platform

SEB and Crédit Agricole are jointly launching a ‘sustainable and open’ platform for digital bonds built on blockchain technology.  
Sylvera

Carbon data provider Sylvera harnesses $57m to fuel US expansion

London's carbon data-focused firm, Sylvera, has procured a significant $57m in a recent Series B funding round.
What-did-2022-bring-for-insurance-insurtech-trends-year

What did 2022 bring for insurance?

As 2022 draws to a close, FinTech Global spoke to industry executives to find out what trends stuck around from last year, what new patterns emerged and what the defining characteristics of the year were for the 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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