RBI panel recommends new regulatory framework for cooperative banks
A Reserve Bank of India (RBI) panel has proposed a new four-tier structure for regulating and improving urban cooperative banks (UCBs).
Requr secures $5m in funding to grow SaaS financing platform
FinTech Requr has raised $5m in growth capital from a group of undisclosed investors to expand its software-as-a-service (SaaS) platform.
Pie Insurance secures regulatory approval to acquire Western Select
InsurTech Pie Insurance has revealed it has received regulatory approval from the Illinois Department of Insurance to purchase Western Select Insurance Company.
Machine learning startup Taktile snares $4.7m in seed financing
German firm Taktile has reeled in $4.7m from a seed funding round led by Index Ventures.
BNPL market projected to generate almost $4trn annually by 2030
A report by Allied Market Research has projected that the buy now, pay later (BNPL) will generate $3.98trn by 2030 and record a CAGR of 45.7% from 2021 to 2030.
Sayata aims to expand insurance footprint with $17m Series A
Insurance broker marketplace Sayata has bagged $17m from a Series A funding round led by Team8 Capital and Vertex Ventures.
Thailand central bank unveils plans for digital currency pilot in 2022
The Bank of Thailand (BOT) has revealed it intends to begin a retail central bank digital currency (CBDC) pilot study in the second quarter of 2022.
Fiserv, Selecta partner to bolster cashless payments footprint in EU
FinTech firm Fiserv has collaborated with self-service retailer Selecta to enhance and streamline digital payments across Selecta’s points-of-sale.
Vouched reels in $4.5m funding to advance identity verification platform
US identity verification company Vouched has secured $4.5m in capital from a highly subscribed funding round.
Hunters aims to lead XDR market following $30m Series B raise
Israeli cybersecurity firm Hunters has secured $30m from a Bessemer Venture Partners-led Series B funding round.
© FinTech Global © Copyright 2024. All rights reserved.
