Carro parks $12m to pump into FinTech arm
Singapore-based auto marketplace Carro has picked up $12m in funding to pump into its FinTech division. The round’s lead investor is undisclosed.
The importance of feedback loops in AML and CFT
The effectiveness of anti-money laundering (AML) and combatting the financing of terrorism (CFT), is not solely reliant on the initial design, but also comes from the adaptability and responsiveness to evolving risks.
Alternative to business banking Zeller said to close $25m Series A round
Zeller, which offers an alternative to business banking, has reportedly revealed that it collected $25m in its Series A last year.
dacadoo unveils digital health engagement product
Swiss InsurTech dacadoo has unveiled its upcoming version 5.0 of its Digital Health Engagement Platform (DHEP) to revolutionise digital health engagement.
OakNorth pioneers climate risk analysis tool for commercial banks till 2050
OakNorth, the renowned SaaS partner for commercial banks, has announced a substantial upgrade to its ON Climate application.
The CareVoice launches China’s first product dedicated to startup health benefits, insurance
The CareVoice has launched the first dedicated health benefit and insurance product for startups in China.
Global blockchain market to be worth $39.7bn in 2025
In the next five years the global blockchain market’s value is expected to jump from $3bn to $39.7bn at a compound annual growth rate of 67.3%, according to new research.
Cloud banking software dev nCino acquires homeownership app SimpleNexus
nCino, a cloud banking and digital transformation solution developer, has acquired cloud-based homeownership software company SimpleNexus.
Wyre scoops up Chinese remittance startup Remitsy
Blockchain-based cross-border payments startup Wyre is acquiring Beijing-based business payments service Remitsy. The financial terms of the deal are undisclosed.
Vayana TradeXchange and Arqit forge partnership to revolutionise global trade finance
Vayana TradeXchange has announced a groundbreaking partnership with Arqit Quantum, also known as Arqit. This collaboration is set to harness Arqit’s TradeSecure™ digital negotiable instrument technology to revolutionise international supply chains.