FinTech News

Commonwealth Bank of Australia to invest $5bn in technology over the next five years

Hot on the heels of its investment in FinTech unicorn Klarna, Commonwealth Bank of Australia has reiterated that it is committed to invest $5bn...

dough pulls in $20m in funding from tastytrade

dough, an online broker and wealth creator, has pulled in $20m from financial network news website tastytrade.

UK FinTech Ipagoo falls into administration days after being slammed by the British financial...

Digital bank Ipagoo has collapsed into administration after all its accounts were frozen following the Financial Conduct Authority (FCA) ordered it to cease all regulated activities

FinecoBank adds more options with inclusion of Canadian stocks

Italian bank FinecoBank has added the Canadian Stock Exchange to its services, providing more options for its investors.

Swedish unicorn Klarna becomes valued at $5.5bn after raising a $460m equity round

Klarna, the payment and banking company, has raised $460m in a new equity funding round, which has pushed its valuation past the $5.5bn mark and makes it Europe’s largest FinTech enterprise.

Elevator Ventures and UNIQA Ventures invest in kompany

RegTech scaleup kompany has closed a new venture deal supported by Elevator Ventures, Raiffeisen Bank International´s (RBI) venture capital arm, and UNIQA Ventures, the VC firm.

What does the case of Google potentially breaching GDPR mean for RegTech businesses?

German authorities are going after Google after it listened to Google Assistant recordings. But this case could have big ramifications outside of the Mountain View company.

The Fed’s real-time payments system; Sen. Wyden wants answers from Amazon

The US Federal Reserve voted four-to-one in favour of building a real-time payments system.

Cybereason bags $200m in funding from Softbank

Cyber defence platform Cybereason has closed a series of investments and commitments from SoftBank Group which total $200m.

Insurwave teams with Xceptor to automate marine insurance

Insurwave, a joint venture between EY and Guardtime, has partnered with Xceptor to support the digitalisation and automation of insurance.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

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