Industry News

FinTech

Quiet week for FinTechs with 16 deals recorded

The FinTech sector remained relatively quiet this week, with FinTech Global reporting on a mere 16 deals across the market.
jpmorgan-growth-equuity-partners-closes-$1bn-fund-to-invest-in-growth-stage-companies

J.P. Morgan Growth Equity Partners closes $1bn fund to invest in growth stage companies

J.P. Morgan Growth Equity Partners (GEP) has closed its inaugural Growth Equity Fund, with over $1bn in aggregate capital commitments to invest in growth stage companies across software, FinTech, real estate and consumer technology.
Fidelity

Fidelity’s Nature Roadmap sets stiff deforestation standards for investments

Fidelity has unveiled its Nature Roadmap, a strategy for integrating nature conservation into its investment and stewardship activities.
The critical role of risk assessment in preventing financial crime

The critical role of risk assessment in preventing financial crime

With the industry's focus on rapid growth and market domination, the critical role of risk assessment in preventing money laundering, terrorist financing, and other illegal activities is frequently sidelined. This negligence can lead to severe consequences, including regulatory fines and reputational damage, ultimately impeding a company's ability to compete.
InsurTech Innovators: Battle for £50k prize at Norton Rose Fulbright's 7th Insurathon

InsurTech Innovators: Battle for £50k prize at Norton Rose Fulbright’s 7th Insurathon

Norton Rose Fulbright, a global law firm, is currently inviting entries for its seventh Insurathon, an illustrious competition that fosters innovation in the InsurTech sector by supporting start-up and scale-up technology businesses.
Stripe launches Enhanced Issuer Network to combat fraud

Stripe launches Enhanced Issuer Network to combat fraud

FinTech giant Stripe has launched Enhanced Issuer Network, a set of partnerships with major US card issuers, with the aim of reducing fraud.
investor

EU faces investor backlash over Sustainability Reporting Standards overhaul

A collective of key investor-related stakeholders have published a statement urging the EC to reconsider changes to the ESRS.
Parker

Parker nets $157m investment, launches first ecommerce charge card

Parker, a New York-based firm that has launched the first charge card for ecommerce, has recently scored $157m in total funding. The raise included...
Apollo

Octopus Apollo VCT secures £50m in latest fundraising effort

Octopus Apollo VCT, a notable VCT with a focus on small and medium-sized B2B software businesses, has announced a fundraising event.
Forme-financial-launches-out-of-beta-and-raises-funding-for-physicians-wealth-management

Forme Financial launches out of Beta as Earned for wealth management for physicians

Forme Financial, a comprehensive wealth system for physicians has launched out of Beta as Earned and raised $12m in Series A funding.

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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