Sector Updates

How Quantifind helps to improve adverse media screening

Adverse media screening is a grey area. It is not particularly clear if it is a legal requirement, but some banks have been flagged for engaging with illicit people, which a simple adverse media search would have told the bank not to engage that person.

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.

HKMA launches strategy for bolstering Hong Kong FinTech market

The Hong Kong Monetary Authority (HKMA) has unveiled a new strategy for driving FinTech development in Hong Kong.

Peter Thiel’s Valar Ventures, Klarna founder back Indonesia-based BukuWarung in $60m round

Indonesian FinTech startup BukuWarung raised $60m in Series A funding in a round led by Valar Ventures and Goodwater Capital.

Cybersecurity awareness startup Cyber Guru bag Series A funding

Cybersecurity awareness platform Cyber Guru has reportedly netted €3.6m in its Series A funding round.

Ledger hits $1.5bn valuation after Series C close

Ledger, an all-in-one digital asset management platform, has hit a $1.5bn valuation after the close of its Series C on $380m.

Branch banks $50m to tackle the root problem of the insurance sector

Home and auto insurance startup Branch Insurance raised $50m in Series B funding led by Anthemis Group.

Gen Z-focused personal finance app wajve closes €5m seed round

Berlin-based wajve closes its seed round on €5m, as it looks to help Gen Z better manage their finances.

JBS Foods pays multimillion ransom to end global ransomware cyberattack

Food processing company JBS Foods has confirmed it has paid an $11m million ransom payment to end a ransomware cyberattack on its global operations.

B2B WealthTech Flanks scores €2.3m in funding

Flanks, a B2B WealthTech platform aimed at improving investor management capabilities, has reportedly scored €2.3m in a funding round.

News Stories

Kaspi.kz, Alipay+ partner for seamless China payments

Kaspi.kz, Alipay+ partner for seamless China payments

 Kazakhstan's pioneering financial technology firm, Joint Stock Company Kaspi.kz, has joined hands with the renowned e-wallet giant Alipay+ to redefine the landscape of cashless transactions in China.
PNC & TCW forge new path in private credit solutions

PNC & TCW forge new path in private credit solutions

The PNC Financial Services Group, one of the largest diversified financial institutions in the US, and the TCW Group, a leading global asset manager, have announced a strategic partnership aimed at delivering private credit solutions to middle market companies.
Accenture and Oracle revolutionise finance with generative AI solutions through new deal

Accenture and Oracle revolutionise finance with generative AI solutions through new deal

Accenture, a global professional services company, has partnered with Oracle, a leading enterprise AI and data management provider.
Wagmo and Rover unite to revolutionise pet care benefits for partner companies

Wagmo and Rover unite to revolutionise pet care benefits for partner companies

Wagmo, the leading provider of employer-based pet wellness plans, and Rover, the world’s largest online marketplace for loving pet care, have announced a strategic partnership.
GradGuard expands coverage: New tuition protection program includes loss of employment

GradGuard expands coverage: New tuition protection program includes loss of employment

In a bid to bolster its tuition protection program, GradGuard, a leading provider of college tuition and renters insurance programs, has unveiled a significant enhancement.

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