FinTech News

Carbon Bank unveils BNPL app

Carbon Bank, a credit-led Pan-African digital bank has launched a new buy now, pay later (BNPL) web app. 

Zoom shells out $1.8m in bug bounties for 2021

Zoom has revealed that it paid out roughly $1.8m in bug bounty rewards for the full year of 2021.

The UK’s newest neobank Alba picks Temenos’ tech to be the backbone of its...

Alba is a new UK-based challenger bank that is looking to launch in 2020. As part of its push, it has now teamed up with banking software company Temenos.

One Concern extends partnership with SOMPO Holdings with fresh investment

One Concern has received a $45m strategic investment from Japanese insurance firm SOMPO Holdings, kicking its partnership into the next stage.

ABO Digital pledges $10m to Blocktrade’s innovative gamified asset platform

Blocktrade, a trailblazing platform that blends blockchain technology with gamification principles to deliver an enthralling digital asset trading experience, has announced securing a financial commitment of $10m.
Conduit

Crypto-native infrastructure platform Conduit bags $7m

Conduit, a remote crypto-native infrastructure platform designed to support and accelerate the builders in crypto, has landed $7m.

Carrot to support Naver with e-commerce returns insurance

Carrot, a digital insurance platform, has partnered with e-commerce shopping platform Naver for shipment return insurance.
Good.Lab, a provider of sustainability software and services, has launched a new solution designed to help mid-market companies comply with the European Union’s Corporate Sustainability Reporting Directive (CSRD).

Good.Lab unveils solution to aid mid-market companies with EU CSRD compliance

Good.Lab, a provider of sustainability software and services, has launched a new solution designed to help mid-market companies comply with the European Union’s Corporate Sustainability Reporting Directive (CSRD).
AI-powered business data integration by Cytora and Veridion transforms insurance industry

AI-powered business data integration by Cytora and Veridion transforms insurance industry

Cytora, a leading digital risk processing platform, has announced a strategic partnership with Veridion, a specialist in AI-powered business data and market intelligence. This collaboration aims to bring a new level of efficiency and insight to the insurance market.
UK

UK urged to accelerate ISSB adoption for stronger climate finance

The UK government has been urged to mandate corporate reporting in accordance with the International Sustainability Standards Board (ISSB) Standards. According to Envrionmental Finance,...

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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