Crabi to use seed funding to help more Mexicans access auto insurance
Mexico-based InsurTech company Crabi has reportedly collected $4m in seed funding, to support its mission of improving auto insurance in the country.
Climate disclosures to become mandatory in Japan from April 2022
Japan’s Financial Services Agency (FSA) has revealed it intends to make climate disclosures mandatory for large Japanese companies from April next year.
Contractors who fail to report breaches can be sued under new US DOJ initiative
A new initiative will allow US government contractors to be accountable in a civil court if they fail to report breaches or maintain required cybersecurity standards.
Virgin Money looks to aid firms’ ESG posture with new app launch
Virgin Money has introduced a new app focused on providing an assessment of a companies’ ESG impacts by measuring, tracking and offering guidance.
CBDCs to create ‘inevitable changes’ to payments landscape, McKinsey warns
A report by McKinsey has outlined the key challenges financial companies facing from the rise of central bank digital currencies (CBDCs).
MoneyMe capitalises on Australia’s growing FinTech space with $50m investment
Australia-based MoneyMe has reportedly snagged $50m as part of a strategic partnership with Pacific Equity Partners.
Mark Cuban-backed Otto scores $4.5m seed financing
Texas-based Otto has raised $4.5m from a seed funding round led by venture capital firm Uncommon.
Finclusion brings financial inclusion to sub-Saharan Africa through $20m investment
Finclusion Group, which aims to boost financial inclusion in sub-Saharan Africa, has reportedly secured $20m to support enterprise development in the region.
US and European expansion on the horizon for Futora following $6m raise
Israeli FinTech startup Futora has secured $6m in funding to fund product development and build out its sales processes in Europe and the US.
Vietnamese FinTech Bizzi sets sights on Southeast Asia
Vietnam-based bookkeeping platform Bizzi has reportedly netted $3m in funding, as it hopes to expand in the region.
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