People News

San Francisco VC firm eyes Lithuanian FinTech investment

Venture capital startup Launchpad Capital is investing up to $35m in early-stage Lithuanian startups who are looking to break into the North American market.

BluBracket to expand go-to-market activities following $12m Series A

US enterprise security firm BluBracket has closed a $12m Series A round led by Evolution Equity Partners.

Deutsche Bank bolsters Asia presence with Singapore ESG centre

Deutsche Bank has revealed it is establishing an environmental, social and governance (ESG) Centre of Excellence (COE) in Singapore.

Fraudio looks to continue expansion following $3.3m seed round

Dutch payment fraud detection firm Fraudio has bagged $3.3m in a seed funding round.

PwC study finds digital transactions are outpacing cash payments

A study by PricewaterhouseCoopers (PwC) has found cashless transaction volumes are expected to outpace cash payments going into 2030.

Pension provider Collegia snares £500k in funding prior to full launch

UK-based pension provider Collegia has secured £500k in funding ahead of its launch in the UK later this month.

Quantexa outline tips for data monetization through decision intelligence

Data and analytics software company Quantexa has published a white paper on how to monetize data through decision intelligence (DI) aimed at insurance executives.

Rapyd to acquire payments firm Valitor for $100m

US payments network Rapyd is set to purchase Icelandic company Valitor from Arion Bank in a $100m deal.

Weavr bags £7m funding to speed up internalisation, product development

Banking and payments software startup Weavr has secured £7m in a seed funding round led by VC firm Headline.

MPOWER Financing secures $100m equity funding

US FinTech MPOWER Financing has raised $100m from a highly subscribed equity funding raise.

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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