Industry News

Tide

FinTech Tide eliminates all of its carbon emissions in industry-first

Digital business financial platform Tide has become the first FinTech to remove 100% of its emissions with durable carbon removal.
Barclays

Barclays unveils policy to end oil sands companies financing

Barclays has announced a new policy that will substantially limit its financing activities for a range of emissions-intensive energy sectors.  
klarna-reports-1bn-annual-loss

Klarna reports $1bn annual loss

Klarna has reportedly suffered its biggest annual loss totalling $1bn, but its company is certain it is on track to return to profitability.
Napier

Dubai International Financial Centre taps Napier for client screening

Dubai International Financial Centre (DIFC), a leading global financial centre in the MEASA region, has tapped Napier to upgrade its screening services. 
uk-fintech-giant-revolut-records-first-full-year-of-profitability

UK FinTech giant Revolut records first full year of profitability

UK FinTech giant Revolut has recorded its first full year of profitability, after it generated £100.3m adjusted EBITDA and £26.3m in profit for 2021.
Prudential-financial-and=vitality-global-bolster-health-offering-in-latin-america

Prudential Financial and Vitality Global bolster health offering in Latin America

Prudential Financial and Vitality Global, a health and well-being company offering InsurTech solutions, have entered into a 10-year expanded partnership for an offering in Latin America.
trackd

CyberTech firm trackd lands $3.35m in seed funding

trackd, a cybersecurity firm that claims it takes the fear out of vulnerability remediation, is emerging from a period of stealth with $3.35m in seed funding.  
RegTech startup WCKD RZR launches new Data Now solution

RegTech startup WCKD RZR launches new Data Now solution

WCKD RZR, a data enablement startup, has launched a new AI-powered software solution that offers see, search and use capabilities for multinational organisations.
Archway

Archway secures $15m in Series A funding haul

Archway, a firm that provides a single access point to connect any banking platform to third-party financial software providers, has bagged $15m.
AXAL-XL-partners-with-document-crunch-to-support-construction-insurance-clients

AXA XL and Document Crunch team up to support construction insurance clients

AXA XL has partnered with Document Crunch to launch a contract review benchmarking service for construction insurance clients.

News Stories

Deutsche Bank and BASF initiate pioneering ESG finance programme in Asia

Deutsche Bank and BASF initiate pioneering ESG finance programme in Asia

Deutsche Bank has unveiled BASF’s inaugural sustainability-linked payables finance programme in Asia, concentrating on its operations in China.
PureFacts secures major investment from GrowthCurve

PureFacts secures major investment from GrowthCurve

PureFacts Financial Solutions, a renowned provider of revenue management solutions tailored for the investment sector, recently announced a significant development.
Tuum and ComplyAdvantage join forces to enhance compliance and operational efficiency

Tuum and ComplyAdvantage join forces to enhance compliance and operational efficiency

Tuum is a next-generation core banking platform, has partnered with ComplyAdvantage, a financial crime intelligence platform that offers AI-driven risk data and fraud detection technology to a global client base.
Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with AI

Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with AI

Wisedocs, an innovative leader in the InsurTech sector, recently received a significant financial boost. CIBC Innovation Banking has extended $4.5m CAD in growth capital financing.
MPower Partners fuels Teamshares' expansion into Japan

MPower Partners fuels Teamshares’ expansion into Japan

MPower Partners Fund, Japan's first ESG-focused global venture capital fund, has recently extended its investment portfolio by funding Teamshares, an innovative employee ownership platform targeting small businesses.

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