Payment processor SumUp raises €330m in funding
SumUp, a payment processing company, has secured a €330m investment to support its global expansion plans.
Mastercard and Citi Ventures join Flybits’ $35m Series C round
Canadian banking personalization portal Flybits has closed a Series C funding round led by Point72, the global venture capital firm.
New IMF report lays down the risks of e-money becoming more popular than physical...
As e-money rises in popularity, a new International Monetary Fund (IMF) report has looked into the rise of cryptocurrencies, e-money and i-money like Facebook’s Libra and what the associated risks to the economy are.
Redburn has received a minority investment from Rothschild & Co
Redburn, an independent market leading equities research company, has received a minority investment from Rothschild & Co.
Waddle eyeing the prospect of partnering up with Australian banks
Cloud-based lending service platform Waddle is in talks with several banks to convince them to use the software.
FNZ Group acquires ebase in €154m deal
FNZ Group has acquired European Bank for Financial Services (ebase) from Comdirect bank in a deal worth €154m.
Capability review criticizes Australian prudential regulator APRA for being too soft
The Australian Prudential Regulation Authority (APRA) faces scathing critique for being too “discreet” and is encouraged to undergo an overhaul of the system. The capability...
French financial watchdog set to approve ICO-related companies under new rules
France’s Financial Markets Authority’s new rules are coming into force in late July and a bunch of cryptocurrency-related businesses are already in talks for approval.
The Pan-American Life Insurance Group selects Fiserv to improve its AML compliance
Wisconsin-based FinTech firm Fiserv is going to boost the compliance of the Pan-American Life Insurance Group’s (PALIG) anti-money laundering (AML) and risk management.
InsurTech 100 companies go on to raise over $300m
Companies listed in last year InsurTech 100 have gone on to raise over $300m in combined funding since October 2018.Insurance may have been a...