Infrastructure & Enterprise Software

EBA publishes findings of EU-wide bank climate risk exercise

The European Banking Authority (EBA) has published the findings from its first EU-wide pilot exercise on banks’ exposures to climate risk.

Blockchain unicorn Figure Technologies hits $3.2bn valuation after Series D close

Figure Technologies, which designed blockchain technology platforms for financial services, has hit a $3.2bn valuation after closing its Series D.

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.

BNPL firm Sunbit secures unicorn status following $130m Series D

California-headquartered buy now, pay later (BNPL) company Sunbit has achieved unicorn status after a $130m Series D brought its value up to $1.1bn.

Planet launches integrated digital payments service across Europe

Irish payments company Planet has introduced an integrated digital payments service for multinational companies across Europe.

Uncapped lands $80m from Spotify investor Lakestar to offer startups wider banking services

UK-based startup which provides funding to startups without taking equity Uncapped raised an $80m funding round to launch a suite of banking services tailored for tech-driven companies.

Payroll platform Pento said to close Series A on $15.6m

Cloud-based payroll platform Pento has reportedly secured $15.6m in its Series A funding round, which was led by General Catalyst.

Chinese associations call for crypto crackdown citing safety concerns

Three Chinese associations have called for a complete ban on financial institutions and payment firms providing cryptocurrency services to customers.

ECB warns banks instant payment levies are hindering uptake

The European Central Bank (ECB) has issued a warning to banks that charges levied for instant payments are proving a barrier to uptake.

Modularbank, Veriff partner to bolster ID verification and KYC capabilities

Estonian core banking provider Modularbank has teamed with identity verification software company and compatriot Veriff to boost its compliance and know-your-customer (KYC) offering.

News Stories

CIBC backs Sayari with $40m to boost global commercial risk intelligence operations

CIBC backs Sayari with $40m to boost global commercial risk intelligence operations

Sayari, a counterparty and supply chain risk intelligence platform, has been granted an undrawn $40m revolving credit facility by CIBC Innovation Banking.
Key Carbon secures funding from Marex to bolster clean energy initiatives in Africa

Key Carbon secures funding from Marex to bolster clean energy initiatives in Africa

Key Carbon, a permanent capital vehicle dedicated to building a diverse portfolio of high-integrity carbon credit streams and royalties, has announced a strategic partnership with Marex Group.
The rising value of SDG-linked carbon credits in market pricing

The rising value of SDG-linked carbon credits in market pricing

New findings from BeZero Carbon, a leading global carbon ratings agency, underscore a burgeoning trend in the carbon market: credits linked to the United...
Wealth managers struggle to meet clients’ technology expectations

Wealth managers struggle to meet clients’ technology expectations

Investors are increasingly likely to move away from wealth managers who fail to implement modern technological solutions.
Klarna’s buy now pay later lands on Adyen’s payment terminals globally

Klarna’s buy now pay later lands on Adyen’s payment terminals globally

Klarna, the AI-powered global payments network and shopping assistant, has partnered with Adyen to launch flexible payment methods on physical payment terminals across Europe,...

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