KLDiscovery receives investment from WestView Capital

Data technology company KLDiscovery has received an undisclosed investment from WestView Capital Partners.

HSBC bolsters Hong Kong offering with AI-powered equity index product

HSBC has unveiled AiPEX5, a new AI-powered equity index structured product to bolster its wealth offering in Hong Kong.

Saudi FinTech sector records $347m in new investment over last 12 months

A recent report by FinTech Saudi has found how Saudi Arabia’s FinTech market has seen a 37% hike in new companies with investment exceeding SAR$1.3bn ($347m).

ESG data platform ecolytiq raises ?13.3m

ecolytiq, which stylises itself as a sustainability-as-a-service provider, has raised ?13.5m in a funding round.

What these 25 funding rounds tell you about where the FinTech industry is going

Cybersecurity has had a big funding week with ReliaQuest picking up the biggest round last week, but several challenger banks and InsurTech ventures also bagged considerable cash injections.

How cybersecurity startups and neobanks scooped the most funds among last week’s 42 investment...

While Covid-19 continues to haunt us, the FinTech industry continues to rake in millions of dollars. Neobanks and cybersecurity companies were the top-scoring sectors to raise investment among the 42 rounds that FinTech Global reported on last week.
fintech insurtech wealthtech regtech ai cybertech esg news

HCL, Sumeru acquire Actian Corporation in $330m deal

HCL Technologies and Sumeru Equity Partners have acquired data management platform Actian Corporation, in a deal worth $330m.

genesis closes its second round of funding

genesis, an international capital markets software firm, has closed its second funding round on $1.8m.

Verisk acquires Medicare service provider Franco Signor in a $160m deal

Data analytics service provider Verisk has acquired Franco Signor, a Medicare Secondary Payer (MSP) service provider, in a deal worth $160m.

TotallyMoney raises funds to serve growing consumer credit sector

TotallyMoney, the free credit score service and personal finance app, has raised £9m in funding from existing investors in the UK and US.

News Stories

Steering third-party risks in banking: Final guidance by regulatory agencies explained

Steering third-party risks in banking: Final guidance by regulatory agencies explained

Final guidelines aimed at bolstering third-party risk management in banking organisations have been issued by a cohort of federal bank regulatory agencies. This initiative is designed to help such institutions better navigate the risks arising from relationships with third-party entities, with a particular emphasis on financial technology, or FinTech, enterprises.
CBA takes a stand against cryptocurrency scams

CBA takes a stand against cryptocurrency scams

As cryptocurrencies become increasingly popular, the risk of scams targeting investors has grown. In response, Commonwealth Bank (CBA) has launched new safety measures aimed at safeguarding its customers. The bank will now impose restrictions, delays, and limits on certain payments to cryptocurrency exchanges.
GTreasury and C2FO: A strategic alliance unlocking liquidity solutions for treasurers

GTreasury and C2FO: A strategic alliance unlocking liquidity solutions for treasurers

In a significant announcement today, GTreasury, a premier integrated treasury and risk management systems provider, revealed a strategic collaboration with C2FO, known as the world's leading on-demand working capital platform.
BingX and CoinTracking revolutionise crypto tax reporting in strategic alliance

BingX and CoinTracking revolutionise crypto tax reporting in strategic alliance

BingX, a prominent global cryptocurrency exchange, has revealed its new collaboration with CoinTracking, the renowned cryptocurrency portfolio management and tax reporting platform.
Amsterdam-based InsurTech Insify attracts $10.7m

Amsterdam-based InsurTech Insify attracts $10.7m

Amsterdam-based InsurTech firm, Insify, has successfully sealed its Series A funding round by amassing an additional $10.7m.

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