Sector Updates

Digital asset protection technology company Coincover has partnered with Fireblocks to give investors enterprise-grade asset security.

Digital insurance platform Planck Re has collected $12m in its first round of funding.

Finnish FinTech Membrane Finance, a company building a European alternative to the USD stablecoin, has secured its e-money licence and raised €2m.

Indonesia-based FinTech PAYFAZZ has invested $30m into Singapore-based Xfers to create Fazz Financial Group.

Just Climate, an investment enterprise, was established by the sustainability-centred investment firm, Generation Investment Management.

CardinalOps, a firm that labels itself as a threat coverage optimisation firm, has bagged $17.5m from a Series A funding round.

Many RegTech solutions have artificial intelligence at the core of their solutions, but the founder of Ascent has warned that they need to be aware of the ethical pitfalls using the technology can entail.

Bond trading platform Electronifie has raised $3.86m from venture capital investors in a new financing round.

EQT has acquired Saxo Payments Banking Circle from Saxo Bank and other minority investors.

FinTech Global recently conducted an interview with Smart Communications, a technology company focussed on helping businesses engage in more meaningful customer conversations, in the wake of the company’s recognition in the InsurTech100 list.