FinTech News

Lumin Digital collects $35m funding to boost platform capabilities

Lumin Digital has collected $35m in a new funding round, bringing the total investment to $70m within just 18 months since its formation.

Trace scores $8.3m in its latest funding round

Trace, which claims to be the first service desk for finance, has closed a funding round on $8.3m from Greylock and Uncork Capital.

Fidelity International debuts Article 9 SDG-focused sustainable bond funds

Fidelity International, a renowned investment management firm, specialises in providing a diverse range of financial services to clients globally. According to ESG Today, the launch...

India-based mobile loan platform Stashfin raises $5m pre-Series A

India-based Stashfin has reportedly netted $5m in its pre-Series A funding round, which was led by Snow Leopard Ventures and Atlo Partners.

Assure Hedge said to raise €5m at a valuation of €30m

Assure Hedge, which helps to automate currency hedging, has reportedly collected €5m in fresh funding round.

Australia said to be deploying additional AUD $550m to financial regulators

Australia has reportedly set aside an additional AUS $550m ($390m) in its new budget in order to boost regulations on its financial sector. These new...

Preqin debuts ESG fund performance benchmarks to refine private market analyses

Preqin, a global leader in alternative assets data, tools, and insights, announced today the launch of its ESG fund performance benchmarks.

LatAm-based Plaid rival Belvo gets backing from Twitter and Wise execs in $43m Series...

Mexico City-based open finance API platform Belvo has raised $ 43m in a Series A funding round, touting it as “the largest ever Series A for a FinTech company in Latin America.”

Anti-money laundering and know your customer fines totalled $5.6bn so far this year

The total value of fines issued so far in 2020 against companies failing to comply with anti-money laundering and know your customer rules totalled $5.6bn, with APAC regulators dramatically increasing their sanctions.

How Covid-19 has changed the need for businesses to remain compliant whilst having a...

With more companies using collaborations tools like Zoom to keep productivity up during the pandemic, they have to face the challenge of ensuring they remain compliant.

News Stories

Solid week for FinTech deals with 28 recorded

A total of $459m was raised across all the FinTech deals that were recorded this week by FinTech Global.  Leading the way of all the...
Paystand spearheads zero-fee B2B payments network expansion into Canada

Paystand spearheads zero-fee B2B payments network expansion into Canada

Paystand, renowned for its blockchain-enabled B2B payments, is extending its zero-fee network to Canada, enhancing the scope of its services beyond the initial limited offering since 2018.
Hex Trust joins forces with Grass to revolutionize AI data collection

Hex Trust joins forces with Grass to revolutionize AI data collection

Hex Trust, a prominent digital asset solution provider catering to institutional finance and the Web3 ecosystem, has announced a strategic partnership with Grass.
Avaloq and Zürcher Kantonalbank launch innovative digital asset service

Avaloq and Zürcher Kantonalbank launch innovative digital asset service

Avaloq has introduced its cutting-edge digital asset platform at Zürcher Kantonalbank (ZKB), one of Switzerland's premier banking institutions, in collaboration with Fireblocks.
Barq and Mastercard collaborate to transform payment technology in Saudi Arabia

Barq and Mastercard collaborate to transform payment technology in Saudi Arabia

Barq, a pioneering FinTech startup from Saudi Arabia, has joined forces with the global financial services giant, Mastercard.

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