Industry News

regulatory

PIMFA advocates for a refresh of the UK’s retail investment market

PIMFA, a significant voice in the WealthTech industry, is urging the UK Government to leverage a 'generational' opportunity to invigorate the UK retail investment market. This call to action comes six months after the introduction of the significant Edinburgh Reforms.
osapiens

osapiens raises $120m to propel ESG tech leadership

osapiens, an ESG platform and provider of compliance and sustainability reporting solutions, today announced the completion of a $120m Series B.
BoomFi

BoomFi breaks ground in crypto payment sector with lucrative $3.8m seed

Crypto payments company BoomFi has managed to pull in $3.8m in new seed funding to streamline payments involving crypto. 
AML

How to effectively overcome common pitfalls in AML screening

The Wolfsberg Group describes sanctions screening as a crucial method for detecting, preventing, and disrupting financial crimes, including sanctions risks.
Molten Ventures reduces Revolut valuation by 40%

Molten Ventures reduces Revolut valuation by 40%

Molten Ventures, a prominent venture capital firm, has marked down the value of its stake in the FinTech enterprise Revolut by 40%, according to a report from Finextra.
Pibank launches in the US with 5.50% APY savings account

Pibank launches in the US with 5.50% APY savings account

Pibank, a division of Intercredit Bank known for its direct banking solutions, has officially announced its entry into the US market.
Portal Gate

Portal Gate secures $1.1m to boost privacy in DeFi

Portal Gate, a compliant and privacy-centric infrastructure developer, has successfully closed a funding round of $1.1m.
EU

How EU’s new leaders will shape sustainability and economic growth

The recent EU elections have resulted in a mix of continuity and change within the union's leadership.
Novidea unveils transformative enhancements to its insurance platform

Novidea unveils transformative enhancements to its insurance platform

Novidea, a leading InsurTech firm globally recognised for creating its data-driven, cloud-based insurance management platform, has announced substantial enhancements to its award-winning software.
MUFG

DMI Finance secures $333m from MUFG to propel growth in Indian digital lending

MUFG Bank has ramped up its investment in DMI Finance, an Indian digital lender, with a hefty sum of $333m.

News Stories

Solid week for FinTech deals with 28 recorded

A total of $459m was raised across all the FinTech deals that were recorded this week by FinTech Global.  Leading the way of all the...
Paystand spearheads zero-fee B2B payments network expansion into Canada

Paystand spearheads zero-fee B2B payments network expansion into Canada

Paystand, renowned for its blockchain-enabled B2B payments, is extending its zero-fee network to Canada, enhancing the scope of its services beyond the initial limited offering since 2018.
Hex Trust joins forces with Grass to revolutionize AI data collection

Hex Trust joins forces with Grass to revolutionize AI data collection

Hex Trust, a prominent digital asset solution provider catering to institutional finance and the Web3 ecosystem, has announced a strategic partnership with Grass.
Avaloq and Zürcher Kantonalbank launch innovative digital asset service

Avaloq and Zürcher Kantonalbank launch innovative digital asset service

Avaloq has introduced its cutting-edge digital asset platform at Zürcher Kantonalbank (ZKB), one of Switzerland's premier banking institutions, in collaboration with Fireblocks.
Barq and Mastercard collaborate to transform payment technology in Saudi Arabia

Barq and Mastercard collaborate to transform payment technology in Saudi Arabia

Barq, a pioneering FinTech startup from Saudi Arabia, has joined forces with the global financial services giant, Mastercard.

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