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