Industry News

Onspring

Automated SaaS GRC software firm Onspring locks in investment

Onspring, a SaaS GRC software platform that delivers no-code connection across an enterprise, has raised strategic capital from Capital IP.
8fig

Funding and management platform 8fig nets $140m Series B

8fig, a continuous funding and management platform for ecommerce firms, has closed a Series B funding round on $140m.
GIST

Clarity AI, GIST Impact team to develop biodiversity impact assessment product

Clarity AI has partnered with impact data and intelligence provider GIST Impact to create a biodiversity impact assessment product.
ESG

Is ESG a source of risk or an opportunity?

A Bain & Company study has found that banks globally are split on whether they view various ESG factors as risks or opportunities.
Resistant AI

Bank of Valletta taps Resistant AI for its AML solution

Anti-financial crime firm Resistant AI has revealed Malta-based Bank of Valetts has adopted its Transaction Forensics product for AML.
swiss-re-britam-and-oxfam-to-protect-small-scale-farmers-in-kenya-with-parametric-flood-insurance-solution

Swiss Re, Britam and Oxfam to protect small-scale farmers in Kenya with parametric flood...

Global reinsurer Swiss Re has teamed up with Britam and Oxfam to launch an index-based flood insurance solution in Kenya to protect small-scale farmers.
MAP

MAP FinTech links with Tools for Brokers in integration partnership

MAP FinTech and Tools for Brokers have partnered to integrate the former’s reporting solution with the latter’s liquidity bridge.
standard-chartered-teams-up-with-tazapay-for-cross-border-e-commerce

Standard Chartered teams up with Tazapay for cross border e-commerce

Standard Chartered has partnered with global payments platform Tazapay to deliver “seamless payments” for cross border e-commerce.
Green-Got

Eco-focused neobank Green-Got lands €5m

Green-Got, a France-based neobank that is focused on ecological transition, has scored €5m in a recent funding round.  
Funderbeam

Funderbeam secures $40m to shape future of venture markets

Angel investing and trading platform Funderbeam has secured $40m in an investment round led by Irish PE group VentureWave.

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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