Sector Updates

Peach Payments secures $30m in funding

Peach Payments secures $30m in funding

Peach Payments, trading under Baobab Payments GmbH, has successfully closed a funding round amounting to €29m/$30m.

Silver Lake spinout Sumeru sets sights on $600m for second independent fundraise

Silver Lake spinout Sumeru Equity Partners has launched its second fundraise eyeing $600m since becoming independent of the tech investment major.

Study finds central bank digital currencies may trigger stronger forex controls

A study by the Bank for International Settlements (BIS) has discovered the introduction of central bank digital currencies (CBDCs) may lead to greater foreign exchange controls.
fintech-news

Kraken gobbles up charting and trading platform Cryptowatch

Digital asset exchange Kraken has acquired charting and trading platform Cryptowatch in an undisclosed deal.

MAS urges finance companies to moderate dividends for the financial year

The Monetary Authority of Singapore (MAS) has called for finance companies incorporated in Singapore to cap their total dividends per share for the financial year 2020 at at 60% of 2019’s level.

Nearly 25% of Britons to back NFTs or tokens this year

Nearly a quarter of Britons are willing to invest into NFTs or tokens this year, according to a study from Tokenise.
FirstVet-teams-up-for-pet-insurance-marketplace

FirstVet teams up with Fletch for embedded pet insurance marketplace

FirstVet, a provider of on-demand video consultations for pet parents, has partnered with Fletch to embed a pet insurance marketplace for its US users.
Aviva Canada, a leading insurance provider, has joined forces with RentHaven, to provide renters with an innovative alternative to traditional security deposits.

Aviva Canada partners with RentHaven to offer Canadians rent deposit alternatives

Aviva Canada, a leading insurance provider, has joined forces with RentHaven, to provide renters with an innovative alternative to traditional security deposits.

Arctic Wolf acquires cyber risk assessment company RootSecure

Arctic Wolf Networks, a security operations centre-as-a-service, has acquired RootSecure to improve its cybersecurity risk assessment capabilities.

Guideline collects $200m in round led by General Atlantic

Guideline, which designs affordable retirement plan solutions for small and medium-sized businesses, has bagged $200m in funding.

News Stories

Salt Bank selects Napier AI to enhance AML compliance for Romania’s first digital bank

Salt Bank selects Napier AI to enhance AML compliance for Romania’s first digital bank

Napier AI, a London-based RegTech specialising in financial crime compliance, has partnered with Salt Bank, the first Romanian neobank and the fastest-growing in Southeastern Europe.
FCA finalises sustainability disclosure rules to tackle greenwashing

FCA finalises sustainability disclosure rules to tackle greenwashing

The UK Financial Conduct Authority (FCA) has published a policy statement confirming the final rules under the Sustainability Disclosure Requirements (SDR) and investment labels regime.
Endava partners with Finexos to revolutionise AI-driven credit risk management

Endava partners with Finexos to revolutionise AI-driven credit risk management

Endava, a leading technology services company combining world-class engineering, industry expertise, and a people-centric mindset, has announced its partnership with Finexos, an AI-powered credit risk and analytics platform.
DKK Partners and Seed Group collaborate to enhance financial connectivity in MENA

DKK Partners and Seed Group collaborate to enhance financial connectivity in MENA

DKK Partners, a leading FinTech company specialising in emerging markets and foreign exchange liquidity, has partnered with Seed Group, a company of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, based in Dubai.
Encompass Corporation appoints Nynke Postma as Head of Business Development

Encompass Corporation appoints Nynke Postma as Head of Business Development

Encompass Corporation, a leader in Corporate Digital Identity (CDI), has appointed Nynke Postma, the founder and former CEO of Blacksmith KYC, as the new...

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