Sector Updates

Pakistan-based Abhi said to reach $90m valuation

Pakistan-based FinTech company Abhi has reportedly raised $17m in its Series A funding round, which values the company at $90m.

FBI issues warning regarding new payment phishing scheme

The FBI has published an alert on a new phishing scheme that is aimed at tricking victims into undertaking money transfers to cybercriminal-controlled accounts.

FiVerity, Fortanix, Intel partner for confidential computing in finance

Digital fraud prevention solution FiVerity, multi-cloud security company Fortanix and Intel Corporation have all teamed up to bring confidential computing to financial services.

Archa pulls in $25m to back small business

Australian FinTech Archa has raised $4m in a funding round and $20m in a debt funding facility to accelerate its growth and product offering.

WealthTech Avaloq enters Taiwan with first client launch

Avaloq has successfully implemented its core banking system with Cathay United Bank to help support the latter’s continued growth.

NovoPayment collects $19m in “one of the largest female rounds in the history of...

NovoPayment, a Latino-founded banking-as-a-service provider, has raised $19m in Series A funding.

CyberTech company ThreatLocker locks in $100m Series C

Global cybersecurity firm ThreatLocker has raised a $100m Series C funding round, which was led by global growth equity firm General Atlantic.

The 4th annual WealthTech100 reveals the most innovative names in the sector

The fourth annual WealthTech100 list has been revealed by FinTech Global, highlighting the most innovative companies in an exploding sector.

Goldman Sachs pumps investment into CyberTech Fortress

CyberTech firm Fortress has secured $125m in investment from Goldman Sachs Asset Management and other investors to help secure critical industry supply chains.

Welcome Tech lands $30m to support immigrant families

Welcome Tech, a digital platform aiming to provide immigrant families in the US with services to help them thrive, has raised $30m in funding.

News Stories

Kaspi.kz, Alipay+ partner for seamless China payments

Kaspi.kz, Alipay+ partner for seamless China payments

 Kazakhstan's pioneering financial technology firm, Joint Stock Company Kaspi.kz, has joined hands with the renowned e-wallet giant Alipay+ to redefine the landscape of cashless transactions in China.
PNC & TCW forge new path in private credit solutions

PNC & TCW forge new path in private credit solutions

The PNC Financial Services Group, one of the largest diversified financial institutions in the US, and the TCW Group, a leading global asset manager, have announced a strategic partnership aimed at delivering private credit solutions to middle market companies.
Accenture and Oracle revolutionise finance with generative AI solutions through new deal

Accenture and Oracle revolutionise finance with generative AI solutions through new deal

Accenture, a global professional services company, has partnered with Oracle, a leading enterprise AI and data management provider.
Wagmo and Rover unite to revolutionise pet care benefits for partner companies

Wagmo and Rover unite to revolutionise pet care benefits for partner companies

Wagmo, the leading provider of employer-based pet wellness plans, and Rover, the world’s largest online marketplace for loving pet care, have announced a strategic partnership.
GradGuard expands coverage: New tuition protection program includes loss of employment

GradGuard expands coverage: New tuition protection program includes loss of employment

In a bid to bolster its tuition protection program, GradGuard, a leading provider of college tuition and renters insurance programs, has unveiled a significant enhancement.

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