People News

Revolut’s Nikolay Storonsky named the UK’s first tech billionaire amid surging company valuation

The UK has its first FinTech billionaire after Revolut co-founder and CEO Nikolay Storonsky's net worth surged to £1.06bn, according to the Telegraph's latest ranking of the country's richest startup founders.

Perception Point eyes growth acceleration following $28m Series B

Israel-based email and collaboration security company Perception Point has raised $28m from a Series B funding round.

Coin Metrics bags $15m Series B to aid global expansion

Cryptoasset data and infrastructure platform Coin Metrics has raised $15m from a Series B round led by Goldman Sachs.

Leading US banks to pilot low credit score credit scheme

Some of the biggest US banks have signed up for a government-supported pilot program aimed at using alternative data to provide credit for people with low or no credit score.

ThetaRay unveils financial crime prevention tool for cross-border payments

Compliance technology provider ThetaRay has launched SONAR, a financial crime prevention solution for cross-border payments.

MAS provides consultation response to credit bureau, reporting regulations

The Monetary Authority of Singapore (MAS) has issued a consultation response on draft regulations and notices relevant to licensed credit bureaus under the Credit Bureau Act 2016.

Enfuce partners with Bud to bring its carbon tracking engine to UK

Finnish FinTech Enfuce has entered a collaboration with UK open banking firm Bud to bring the former’s carbon tracking engine to the UK market.

Visa launches Tap to Phone pilot in the US market

Visa has introduced its first Tap to Phone pilot in the US to support companies in making their operations more digitalised.

Consumers at the risk of high fees and unexpected debt incurred on credit cards,...

While consumers are increasingly shopping online, they are getting stung by unexpected fees on credit cards and the rolling over debt month to month, Klarna's Shopping and Money Management trend report found.

Arex secures €8.8m Series A to speed up UK, Spain rollout

Spanish invoice finance firm Arex Markets has bagged $8.8m in a Series A funding round that has enabled it to accelerate its launch in the UK and Spain.

News Stories

Jensten Group, a leading UK insurance broker, has announced that it has landed over £170m in new borrowing facilities over the past six months.

Jensten Group lands over £170m in new borrowing facilities to further growth plans

Jensten Group, a leading UK insurance broker, has announced that it has landed over £170m in new borrowing facilities over the past six months.
The Board of Directors of Generali has approved a new organisational structure to reflect the Group’s main activities, as proposed by the Group CEO, Philippe Donnet.

Generali approves new organisational structure for an integrated insurance and asset management group

The Board of Directors of Generali has approved a new organisational structure to reflect the Group’s main activities, as proposed by the Group CEO, Philippe Donnet.
Investor Beat Capital Partners is set to launch Convergence, a credit insurance business led by founder and chief executive Stephen Pike.

Stephen Pike to head new credit insurance venture backed by Investor Beat Capital Partners

Investor Beat Capital Partners is set to launch Convergence, a credit insurance business led by founder and chief executive Stephen Pike.
Mulberri, an AI-driven insurance platform, has announced a partnership with Acronis to offer their Cyber Insurance to Acronis' small and medium-sized business customers in the US.

Mulberri and Acronis join forces to offer embedded cyber insurance to US SMBs

Mulberri, an AI-driven insurance platform, has announced a partnership with Acronis to offer Mulberri’s Cyber Insurance to Acronis' small and medium-sized business customers in the US.
Mastercard has unveiled a new mobile virtual card app designed to facilitate seamless corporate payments by enabling virtual commercial cards to be easily added to digital wallets.

Mastercard launches mobile virtual card app to simplify travel and business expenses

Mastercard has unveiled a new mobile virtual card app designed to facilitate seamless corporate payments by enabling virtual commercial cards to be easily added to digital wallets.

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