FinTech News

Will CBDCs deliver major social change?

A recent study by Ripple has found that over 70% of respondents across five global regions believe central bank digital currencies (CBDCs) could deliver major social change in the next five years.

FinTech investment growth in the Baltics paused in Q1 due to lack of large...

FinTech companies in the region raised just $11.2m across 12 deals during the first three months of 2021

Goldman Sachs empowers Starling Bank with £50m injection

Goldman Sachs’ Growth Equity has invested £50m into the UK’s leading digital bank Starling.
NFT

What you need to know about NFT money laundering

Non-fungible tokens (NFTs) massively came onto the global financial scene last year, with celebrities the world over purchasing a stake in the growing trend.
Swiss Re Group has unveiled ambitious financial targets, as it aims to improve its net income by $3.6bn in 2024.

Swiss Re sets lofty $3.6bn net income target for 2024

Swiss Re Group has unveiled ambitious financial targets, as it aims to improve its net income by $3.6bn in 2024.

How France became a FinTech fortress

A recent blogpost by Currencycloud has detailed how a goldrush in the French FinTech market has led to the country become the third biggest FinTech hub in Europe.

Payment processor SumUp raises €330m in funding

SumUp, a payment processing company, has secured a €330m investment to support its global expansion plans.

Spendesk raises €35m in a Series B round led by Index Ventures

Spending management platform Spendesk has just closed a €35m Series B funding round, bringing the total investment injected into the company to €45m.

Allianz in European Reliance take-over in Greece

International insurer Allianz SE is to acquire 72% of Greek insurer European Reliance General Insurance Company, as it looks to grow its franchise.

Chip looks to raise funding through crowdfunding campaign

Digital savings account Chip is looking to raise up to ?20m in the coming week through a crowdfunding campaign on Crowdcube.

News Stories

Mylo partners with Fayr: Revolutionising insurance access for divorced parents

Mylo partners with Fayr: Revolutionising insurance access for divorced parents

Mylo, a leader in the InsurTech industry, and Fayr, an innovative mobile application aiding divorced parents, have formed a strategic partnership.
XTCC and Carbonmark forge new paths in carbon credit trading and transparency

XTCC and Carbonmark forge new paths in carbon credit trading and transparency

XTCC and Carbonmark have announced a strategic partnership aimed at democratising and scaling the carbon credit market.
compliance

Wordwatch report unveils legacy risks in compliance management

Research from Wordwatch has exposed significant vulnerabilities in the compliance archiving systems of regulated organisations in the UK.
FlexiLoans bags $34.5m for empowering MSMEs in tier 2 and Tier 3 Indian cities

FlexiLoans bags $34.5m for empowering MSMEs in tier 2 and Tier 3 Indian cities

FlexiLoans, an innovator in India's digital lending space, has announced a successful equity raise of $34.5m in its latest Series C funding round.
Helicap secures $50m credit facility with XenCapital to boost southeast Asian businesses

Helicap secures $50m credit facility with XenCapital to boost southeast Asian businesses

Helicap, a Singapore-based FinTech firm, has successfully secured a $50m credit facility with XenCapital, the lending arm of the FinTech unicorn Xendit, which operates across Southeast Asia.

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