FinTech News

FRISS to boost fraud protection capabilities at Snapsheet

FRISS, a fraud and risk solution developer, has partnered with insurance software platform Snapsheet.

Cymulate nets a further $15m, just months after its former round

Breach and attack simulation platform Cymulate has received $15m in its Series B round led by Vertex Growth Fund.

Fenergo unveils new product Digital KYC to meet financial service firms’ compliance needs

Dublin-based RegTech Fenergo is launching new product Digital KYC to empower financial services firms to automatically comply with know your customer (KYC) rules.

Carmoola lands £27m to transform car financing

London-based Carmoola, which claims to turn car finance on its head, has raised £27m in seed funding.
MDP

MDP and Mastercard unveil pioneering carbon calculator in Egypt

Mastercard has collaborated with MDP, a leading financial services provider in Egypt, to introduce an innovative carbon calculator tool. 

The three things insurers must do to boost their customer experience

Customers are demanding better customer experiences from insurers. Fortunately, technology could help.

Seedrs, Portugal Ventures partner to support Portuguese FinTechs

Seedrs and Portugal Ventures have formed a partnership to support the Portugal ecosystem.

Fenris and b atomic to provide data-driven insights to insurance agents

Fenris Digital, an insurance data sourcing innovator providing a suite of API-delivered products, has partnered with b atomic, an InsurTech helping independent agents leverage their data for better customer experiences.
PCRIC-to-launch-early-trigger-drought-protection-COP27

Revealed at COP27: PCRIC to offer early-trigger drought protection to Pacific countries

Pacific Catastrophe Risk Insurance Company (PCRIC) will launch an early-trigger drought protection product to Pacific countries.
Fabacus

Fabacus secures £4.5m from WealthClub-led investment

Fabacus, a software-as-a-service platform for the licensing industry, has raised £4.5m from an investment round led by WealthClub.  

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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