Sector Updates

G7 rally behind swift and comprehensive regulation for crypto

Finance ministers and central bank governors from the G7 have called on the cryptocurrency industry to receive swift and comprehensive regulation.

Carrot to support Naver with e-commerce returns insurance

Carrot, a digital insurance platform, has partnered with e-commerce shopping platform Naver for shipment return insurance.

Sokin deepens Mastercard partnership with Middle East and Africa jump

PayTech Sokin has signed a partnership agreement with Mastercard to support the roll-out of its fixed-price payment services across the Middle East and Africa.

Planto, Cogo partner to bring carbon footprint tool to Hong Kong banks

Personal finance management app Planto has teamed up with carbon footprint tracking platform Cogo with the goal to promote sustainability within banks.

Auto loan refinancer Caribou joins unicorn club

Caribou, which helps consumers save money on auto loans, has joined the unicorn club after the close of an oversubscribed Series C round, which closed on $115m.

Swedish pet insurer Lassie gets paws on €11m

Sweden-based pet insurance platform Lassie has reportedly collected #11m in its Series A, which was led by Felix Capital.

PayTechs shine in last week’s FinTech funding rounds

FinTech Global reported on 38 FinTech funding rounds this week, with companies from across the broad spectrum raking in eye watering amounts to help aid their growth.

Klarna could face $30bn down round

European FinTech giant Klarna is reportedly about to suffer a valuation drop of $30bn as it seeks fresh investment.

ComplyAdvantage issues AML guide for crypto firms

ComplyAdvantage has released the Anti-Money Laundering Guide for Crypto Firms to help firms better understand the risks.

Southeast Asia payment giant Xendit bags Series D

Southeast Asia-focused payments infrastructure platform Xendit has closed its Series D funding round on $300m.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

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