FinTech News

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Bitspark brings blockchain-based remittances to Malaysia

Bitspark, a Hong Kong-based remittance service that leverages bitcoin and blockchain technology is partnering with direct marketing and e-commerce firm Vitaxel
fintech insurtech wealthtech regtech ai cybertech esg news

CreditEase expands VC team for FinTech investments

Chinese peer-to-peer lending firm CreditEase is expanding its VC team with the hire of the former global CIO at Standard Charter Bank, Anju Patwardhan.
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Bigstone swipes $3m to connect small businesses and investors

Australian small business-lending marketplace Bigstone has raised $3m in funding. The capital comes from private equity firm CVC.
fintech insurtech wealthtech regtech ai cybertech esg news

PayU set to acquire Citrus Pay for $180m

PayU, a payments provider owned by South African multinational Naspers, is acquiring Indian payments and mobile banking service Citrus Pay.
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truePTS hires former ICE technology head as CEO

Derivatives processing business truePTS, a spinout of digital trading platform operator trueEX, has appointed Zohar Hod as its CEO.Hod is joining the company from Intercontinental Exchange...
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Blockchain payments provider Coinify swipes $4m

Danish blockchain payments service provider Coinify has landed $4m in a Series A round. The investment comes from Sweden’s SEB Venture Capital and SEED Capital Denmark.
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German challenger bank Fidor acquired by France’s BPCE

German online bank Fidor Bank has been acquired by Groupe BPCE, France's second-largest banking group. The price of the deal is undisclosed.
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Gatecoin secures £500,000 to relaunch from bitcoin hack

Hong Kong-based regulated cryptocurrency trading platform Gatecoin is attempting to bounce back from a crippling hack with a $500,000 investment from an unnamed Japanese investment group.
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Coinbase takes on $10m investment from Japan’s largest bank

Coinbase has received a strategic investment of $10m from Bank of Tokyo Mitsubishi UFJ (BTMU), Mitsubishi UFJ Capital and Silicon Valley investor Sozo Ventures.
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Coinigy nabs $400,000 seed round for bitcoin trader tools

Bitcoin trading platform Coinigy has raised $400,000 in seed funding from a single unnamed angel investor.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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