Sector Updates

UK finance sector ninth biggest CO2 emitter in the world, report finds

A Greenpeace-led report has found UK banks and assets managers were responsible for 805m tonnes of CO2 in 2019 – making it the ninth largest carbon emitter worldwide.
fintech insurtech wealthtech regtech ai cybertech esg news

Now Money raises $1.46m in bridge funding round

Now Money, a company which provides mobile banking technology to low-income migrant workers, has raised $1.46m in a bridge funding round.The Gulf-based company has...

Finnu bags $800,000 to launch its personal credit solution in Latin America

Fintech Finnu has secured $800,000 investment to give loans for phones to customers in Latin America.
NMI, a leading full commerce enablement technology company, has acquired Sphere's Commercial Division, to strengthen their underwriting and risk management capabilities.

NMI acquires Sphere’s Commercial Division to strengthen underwriting capabilities

NMI, a leading full commerce enablement technology company, has acquired Sphere's Commercial Division, to strengthen their underwriting and risk management capabilities.
UK-retailers-invest-in-payments-to-survive-next-12-months

UK retailers invest in payments to survive next 12 months

Half of UK online retailers are worried about surviving the next 12 months. To increase their chances, 32% are looking to invest into their payments stack.

Checkout.com seals Europe’s biggest Series A fintech raise with $230m round

Global payments business Checkout.com has sealed the biggest Series A round in history for a European fintech company through a $230m VC-backed financing.
Moov

Visa backs Moov Financial in $45m Series B

FinTech firm Moov Financial has scored $45m in a Series B funding round led by Commerce Ventures.

Kenya-based lender M-KOPA secures $75m

Kenya-based FinTech company M-KOPA has reportedly raised $75m in a fresh funding round.

Parametrix raises $17.5m to boost its cloud downtime insurance offering

InsurTech Parametrix raised $17.5m in funding from VC firms FirstMark Capital and F2 Ventures.

Data analytics provider Peak nets £2.5m Series A

Data analytics company Peak has netted £2.5m in its Series A financing round led by MMC Ventures.

News Stories

How to identify the best ESRS solution for you

How to identify the best ESRS solution for you

The European Sustainability Reporting Standards (ESRS), which came into effect at the start of the year, brings significant changes to Environment, Social and Governance (ESG) related reports. The regulation brings new reporting requirements that can easily become complex if not using the right tools. The question is, what are the hallmarks of a good ESRS tool?
SAVR secures strategic backing from Incore Invest to enhance Nordic investment platforms

SAVR secures strategic backing from Incore Invest to enhance Nordic investment platforms

Incore Invest, a European investment firm known for supporting emerging FinTech ventures, has increased its investment in SAVR, a trailblazing FinTech company based in Sweden.
CUBE

CUBE bolsters regulatory expertise through Reg-Room acquisition

CUBE has announced its acquisition of Reg-Room, a prominent regulatory intelligence provider catering to the financial services sector.
Apis Growth Fund I celebrates successful exit from PayTech Adumo

Apis Growth Fund I celebrates successful exit from PayTech Adumo

Apis Growth Fund I, a private equity fund managed by Apis Partners, a UK-based asset manager, will have fully exited its position in South African merchant acquirer Adumo following Adumo’s acquisition by South African FinTech Lesaka Technologies, announced yesterday.
Numeric secures $10m in Seed funding to revolutionise accounting automation

Numeric secures $10m in Seed funding to revolutionise accounting automation

Numeric, an AI-powered accounting automation firm based in San Francisco and New York, has successfully secured $10m in a Seed funding round.

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