Sector Updates

Aplazo, a Mexico-based BNPL (Buy Now, Pay Later) FinTech platform, recently announced the closure of an impressive $70m in equity funding.

Up to 21 congressional Democrats have called SEC chair Gary Gensler to expedite the finalization of a rule to ensure investment funds uphold transparency regarding ESG credentials.

Sanctions play a crucial role in international diplomacy and law enforcement, ensuring that countries and entities adhere to international norms and regulations. Keeping up to date with the ever-evolving sanctions regulations, including OFAC's 50% Rule and the EU's new directives, remains a top priority for companies worldwide.

As an Wealthtech service provider or broker-dealer, it is commonly complex and challenging it can be to cater to the growing needs of registered...

Maritime technology startup Vanguard has secured $1m in new funding to advance their automated insurance underwriting platform tailored for maritime operations.

On 23 April 2024, the Organization for Economic Co-operation and Development (OECD) published a pivotal update, listing jurisdictions newly committed to the Automatic Exchange of Information (AEoI) and CRS Reporting. Taina Tech, which offers a fully automated FARCA and CRS validation platform, has recently commented on what these changes mean. 

ICEYE, a global leader in satellite-powered disaster management solutions, has launched a high-resolution Flood Early Warning and ongoing customer pilots of Flood Rapid Impact solutions for the UK insurance market.

Tietoevry Banking and Geldmaat have renewed their partnership, solidifying their commitment to enhancing ATM services in the Dutch market.

WTW, a leading global advisory, broking, and solutions company, has partnered with Ukrainian insurer VUSO to introduce a London market-backed facility covering cargo and war-on-land risks.

Everest Insurance, a leading global insurance provider, has officially launched its operations in Australia after receiving approval from the Australian Prudential Regulation Authority.