Understanding beneficial ownership: A deep dive into rules and requirements
In a recent post by Fenergo, the firm took a deeper look into the rules and requirements surrounding the area of beneficial ownership. Defining beneficial...
Macy’s invests in European FinTech decacorn Klarna
Just a few weeks after Klarna was named Europe's most valuable FinTech company on the back of a $650m round, the Swedish decacorn has now received new investment from Macy's.
Argo Group International launches cyber insurance policy
Argo Group International has launched a new cyber insurance policy for the small and medium-sized business market.
FNZ to acquire fellow wealth management company DIAMOS
Global wealth management platform FNZ has agreed to acquire specialised WealthTech provider DIAMOS to enhance its global wealth management platform.
Timex teams with FinTechs to unveil range of contactless payment watches
Watchmaker Timex has partnered with Visa, Tappy and J.P Morgan subsidiary Chase to launch watch straps that can be used to conduct contactless payments.
Pliant reinvents credit solutions: secures €33m Series A and €100m debt facility
Pliant, a trailblazing FinTech company, has closed a €33m Series A extension from a syndicate of investors including Molten Ventures, who joins the ranks of previous Series A backers such as SBI Investment, Alstin Capital, and Motive Ventures.
Spenmo nets $34m to bolster business payment management service
Business payment management solution Spenmo has netted $34m in its Series A funding round.
Why PayPal may be next to enter the stablecoin market
PayPal has confirmed it is looking into developing PayPal Coin, a dollar-backed stablecoin as it looks to expand its footprint in the cryptocurrency space.
CVC taps flagship fund, growth vehicle for Vitech Systems investment
CVC Capital Partners is tapping its flagship and growth funds to make a majority investment in cloud-based financial administration provider Vitech Systems.
Barclays strengthens security against fraud with new biometric finger vein scanner
Having unveiled the original finger vein scanner in 2014, Barclays has now updated the technology to boost security even more.