French junior minister tells FinTechs to stand up to big tech
Companies like Amazon, Google and Facebook have taken steps into the financial industry, but now a French minister is urging FinTechs to stand their ground.
Gaming sector to drive 37% growth to carrier billing spend
The value of end-user spend on digital goods via carrier billing is expected to exceed $74bn by 2026, a significant increase from $54bn in 2022, according to a report from Juniper Research.
Switzerland passes law to require mandatory climate reporting
Large Swiss companies and financial institutions will be required to disclose information on their climate-related risks, impacts and plans following new legislation passed.
Palo Alto Networks expands cloud security with acquisition of Dig Security
Palo Alto Networks will acquire cloud security start-up Dig Security, a provider in data security posture management.
Personal finance app The Beans nets $2m in its funding round
The Beans, which helps middle-income workers build financial plans, has netted $2m in a funding round led by Precursor Ventures.
P2P lending platform Prosper nets $75m
Prosper Marketplace, a peer-to-peer lending platform in the US, has closed a new $75m financing round from Neuberger Berman.
Lemon Way nets €10m to support European expansion
Pan-European payment institution Lemon Way has netted €10m in funding led by Breega Capital.
A new platform called AFOX will tokenize media buying contracts
The Advertising Futures and Options Exchange (AFOX) platform has released new services which will enable media and advertising contracts to be tokenised.
Climate tech startup Doconomy acquires Dreams Technology
Doconomy, a climate technology startup helping banks understand their environmental impact, has acquired Stockholm-based financial wellbeing FinTech Dreams Technology.
‘Shooting war’ with a major power could break out over cyberattacks, Biden reveals
President Joe Biden has claimed the US is more likely to end up in a ‘real shooting war with a major power’ due to cybercrime than any other form of conflict.