UK asset manager Abrdn snaps up stake in Archax
Abrdn, a UK asset management firm, has purchased a stake in Archax, the only digital securities exchange to be regulated in the UK.
Ardonagh hires ex-Aviva leader as sales director
Ardonagh UK has appointed former director of regional brokers, strategy and propositions at Aviva, Karen Jackman as commercial MGA sales director.
Pilot closes $40m Series B, launches new tax preparation service
Bookkeeping solution provider Pilot has secured $40m in its Series B and launched a new corporate tax preparation service.
HPS has been given an information security management certification
FinTech company HPS has bagged an ISO / IEC 27001 certification, showcasing it lives up to an international standard for information security management systems.
Fidel API lands $65m in Series B
Fidel API, a global financial infrastructure platform, has snared $65m from a Series B funding round.
Visible Alpha lands investment from HSBC
Visible Alpha, a startup helping analysts and fund managers cope with regulatory changes, has landed further investment from HSBC.
Indonesia’s Bank Central Asia sets up $15m FinTech fund
Indonesia’s Bank Central Asia (BCA) is set to invest $15m in FinTech companies as it looks to reach more of the South-East Asian nation’s unbanked consumers.
Data breaches reported by UK financial services increases by 480%
The amount of data breaches reported by UK financial services to the Financial Conduct Authority (FCA) increased by 480 per cent last year, a...
Navigating ESG transparency: How Position Green enhances portfolio management
The call for more sustainable offerings from limited partners coupled with tightening ESG regulations has posed a significant challenge for general partners (GPs). Their primary concern? Procuring reliable and accurate ESG data from the firms within their portfolio.
Buy now pay later platform Split secures its seed funding round
Split, a FinTech helping those in Singapore and Malaysia to split payments into monthly instalments, has reportedly closed its seed funding round on an undisclosed amount.