FinTech News

Airbnb might file to go public within the next month despite Covid-19

New reports suggest that PropTech giant Airbnb might file for an initial public offering (IPO) with the Securities and Exchange Commission in August.
Google

Google agrees to landmark $5bn settlement in privacy case

Google has agreed to settle a $5bn privacy lawsuit, stemming from allegations the tech giant tracked users’ internet activities even when they were in...

The EBA issues opinion on Deposit Guarantee Schemes Directive

The European Banking Authority has released its opinion on the treatment of client funds under Deposit Guarantee Schemes Directive (DGSD).
ESG FinTech Watershed raises $100m, hitting $1.8bn valuation

ESG FinTech Watershed raises $100m, hitting $1.8bn valuation

Watershed, a pioneering firm in the climate economy sector, has raised a substantial amount of $100m in a Series C funding round.

Alfa-Bank and Novolipetsk Steel to pilot cross-border payments

Alfa-Bank and Novolipetsk Steel Company has teamed up with Commerzbank and Vesuvius to launch a cross-border payments program.
UBS

UBS links with Regula to automate onboarding

UBS has partnered with identity verification and forensic solutions developer Regula to create a ‘new experience’ for opening accounts and accessing banking products.

Digital mortgage platform habito snags ?5.5m

UK-based digital mortgages startups habito has picked up ?5.5m in a Series A round led by Silicon Valley-based VC Ribbit Capital.

German InsurTech Hepster said to raise $10m Series A

Germany-based InsurTech Hepster has reportedly raised $10m in its Series A round, which was led by Element Ventures.
Alorica, a leader in next-generation customer experience solutions, and Genesys have joined forces to revolutionise customer loyalty and improve business outcomes through the transformative potential of AI.

Alorica and Genesys forge AI-powered partnership to revolutionise customer experience

Alorica, a leader in next-generation customer experience solutions, and Genesys have joined forces to revolutionise customer loyalty and improve business outcomes through the transformative potential of AI.

The Chainsmokers back Indonesian retail investing app Pluang

Indonesia-based fractional investing app Pluang has closed its funding round on $55m.

News Stories

Hong Kong Stock Exchange leads with new climate disclosure standards

The Stock Exchange of Hong Kong, a subsidiary of HKEX has unveiled its new climate-related disclosure requirements.
Allfunds, a leading B2B WealthTech platform for the fund industry, has announced a strategic partnership with Google Cloud.

Allfunds taps Google Cloud for AI-powered innovation and infrastructure optimisation

Allfunds, a leading B2B WealthTech platform for the fund industry, has announced a strategic partnership with Google Cloud.

Fingo Africa and Flagright: Pioneering security in digital banking for Kenya’s youth

Fingo Africa stands out as Kenya's leading digital-only banking platform, tailored specifically for the youth of the country. 
Chubb, a global insurance leader, announced a definitive agreement to acquire Healthy Paws, a US-based managing general agent (MGA) specialising in pet insurance, from Aon.

Chubb strengthens pet insurance market with Healthy Paws acquisition

Chubb, a global insurance leader, announced a definitive agreement to acquire Healthy Paws, a US-based managing general agent (MGA) specialising in pet insurance, from Aon.

Nikhil Rathi outlines new regulatory approaches to Big Tech’s influence in finance

In a key announcement, FCA CEO Nikhil Rathi has highlighted the crucial role of Big Tech companies in enhancing financial services.

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