Infrastructure & Enterprise Software

Yunzhangfang.com said to net $14m investment from Hillhouse Capital

Corporate finance and tax management company Yunzhangfang.com has reportedly picked up a $14m investment from China-based Hillhouse Capital Group.

Melio reaches unicorn status after the close of $110m round

Melio, which helps small businesses digitally manage their supplier payments, has collected $110m in funding, shooting its valuation to $1.3bn.
fintech insurtech wealthtech regtech ai cybertech esg news

FinTech investor tryb pumps $4m into smart contracts firm Chinsay

Sweden-based smart contracts company Chinsay has picked up $4m from Singapore-based FinTech investor tryb Capital.
fintech insurtech wealthtech regtech ai cybertech esg news

Even Financial closes $3m strategic investment

Financial services technology developer Even Financial has closed a $3m strategic investment from a group of backers.

Faction brings in $18m to support product, global expansion efforts

Faction, a multi-cloud platform developer, has secured $18m in its Series B financing round to support product expansion.

Conduent to sell human resources business to H.I.G. Capital

Conduent Incorporated has agreed to sell its US-based human resource consulting and actuarial business H.I.G. Capital.

Indian supply chain startup CredAble closes Series A

Mumbai-based supply chain financing startup CredAble has reportedly closed a $15m Series A round of funding.

ClickSWITCH scores $3.5m in its Series A led by Commerce Ventures

ClickSWITCH, a platform designed to ease the switching of recurring payments to new accounts, has netted $3.5m in its Series A.

Zenmonics receives minority investment from Fidelity

Zenmonics, a software developer for financial institutions, has received a minority investment from Fidelity National Information Services (FIS).

China’s Dongguan launches CNY1.5bn fund of funds to boost fintech, cutting edge industry

The Chinese city of Dongguan has launched a CNY1.5bn ($217m) fund of funds vehicle looking to boost investment in the region across areas including fintech, smart manufacturing and mass consumption.

News Stories

Unlocking the future of wealth: Strategies for intergenerational wealth transfer in the UAE

Unlocking the future of wealth: Strategies for intergenerational wealth transfer in the UAE

The impending great wealth transfer is poised to redefine the financial landscape of the Middle East. Kidbrooke, which offers outcome-driven analytics and data management...

New Zealand’s central bank unveils climate risk management blueprint for finance

The Reserve Bank of New Zealand – Te Pūtea Matua has taken a significant step towards fostering a stable financial system in New Zealand with the publication of a new Guidance aimed at helping regulated entities manage climate risks.

Philippines steps up financial innovation with new payment systems regulations

The Bangko Sentral ng Pilipinas (BSP) has introduced the Manual of Regulations for Payment Systems (MORPS),
FCA

FCA cracks down on misleading financial ads on social media

The FCA has issued a clarion call to firms and finfluencers on the imperative of maintaining legality and clarity in their social media advertisements.
How wealth management firms can get ready for generative AI

How wealth management firms can get ready for generative AI

Earlier this month, OpenAI unveiled its latest advancement in the world of generative AI, Sora. Unlike ChatGPT, its previous revolution in the world of generative AI, Sora allows users to build realistic videos from simple text instructions, potentially providing businesses with another tool to transform operations, such as marketing.

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