Industry News

Tymit

Tymit employs TransUnion’s expertise for enhanced credit card fraud safety

TransUnion is entering a partnership with Tymit, a fintech firm offering instalment credit cards as alternatives to traditional credit avenues.
Coro

Mid-market cybersecurity platform Coro pulls in $75m

Coro, a cybersecurity platform, has pulled in $75m from its latest funding raise to bring its total funding over the last year to $155m.
Finding the right RegTech partner for you - Part 1

Finding the right RegTech partner for you – Part 1

The global RegTech sector is projected to reach a value of $66.9bn by 2032, growing at a 22.6% CAGR from 2023, according to a report from Allied Market Research. Given its size, it is evident that the market is full of various types of RegTech solutions all claiming to revolutionise the output of compliance teams. However, with so much noise in the market, finding the right solution is like finding a needle in a haystack. FinTech Global spoke to several RegTech providers for an insight into what to look for.
women

What are the most pressing issues for women in FinTech?

Whilst the FinTech sector is making leaps and bounds when it comes to improving diversity and inclusion, there are still a number of challenges for women in the industry.
Venn

Venn’s remote work security tech fetches $29m Series A

Venn Software, an innovator in Secure BYO-PC technology, has earned a noteworthy patent and secured $29m in Series A funding.

Klar secures $100m debt facility from Victory Park Capital  

Digital financial services platform Klar has announced that it has secured a $100 million credit facility from Victory Park Capital. 
Singapore

Singapore strengthens anti-money laundering measures amid evolving threats

Singapore has announced findings of its updated ML NRA, which reflects its commitment to fortifying its AML framework in response to global risks.
ROI

Decoding the financial impact: ROI of AML compliance for FinTech firms

In a recent post by Flagright, the company explained in thorough detail the return on investment (ROI) of AML compliance.
hub-digital-insurance-capabilities

Hub International ramps up digital insurance capabilities with EINSURANCE acquisition

In a groundbreaking move, Hub International Limited, a leading global insurance brokerage and financial services firm, has acquired the assets of E-Insure Services, a pioneer in data-driven insurance marketing.
Morningstar

Morningstar unveils low carbon transition leaders indexes

Morningstar, a provider of independent investment insights, has announced the launch of its Morningstar Low Carbon Transition Leaders Indexes. This innovative series represents a strategic...

News Stories

US takes the gold for FinTech deals this week - Here are this week's 36 deals

US takes the gold for FinTech deals this week – Here are this week’s...

It was a strong week for US-based FinTech companies, with 17 securing fresh capital this week.  Aside from the US dominating the week for deals,...
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.

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