Sector Updates

FinTech Farm herds $7.4m in seed funding raise

London-based firm FinTech Farm has secured $7.4m from a seed funding round co-led by Flyer One Ventures and Solid.

Amazon backtracks Visa ban

Amazon has shelved its plans to stop accepting Visa credit cards and is instead working on a “potential solution” to allow customers to continue using them.

Insurely and Avanza team up for Swedish pensions

Sweden-based InsurTech Insurely is partnering with Avanza Bank to offer better pension products, a report by InsurTech Digital has revealed.

Two years on: how the pandemic has changed the RegTech sector

When Covid-19 swept the world at the start of 2020, no one had any idea how much the pandemic would change the way we live and work. As in-person restrictions continue to fester two years on, how has the opportunities provided the pandemic impacted the RegTech industry?

Global e-commerce payment transactions to be with $7.5trn in 5 years

The value of global e-commerce payment transactions is expected to exceed $7.5trn by 2026, a study from Juniper Research claims.

The Philippines unveils its first sustainable finance framework

The Philippines has launched its inaugural Sustainable Finance Framework in order to support its sustainability commitments.

Itaú Unibanco snaps up stake in broker Ideal for $118m

Brazilian bank Itaú Unibanco is set to acquire a stake in digital and cloud-based brokerage firm Ideal.

Akulaku mulls going public

Indonesia-based digital finance platform Akulaku is considering a merger with special purpose acquisition company (SPAC) Catcha Investment Corp, according to a report by PYMNTS.

FPL secures funding to foster a credit-savvy population in India

India-based FinTech FPL Technologies has raised $75m in a Series C funding round, a report by FinTech Futures has revealed.

Asaak lands funding to support gig workers in Africa

Uganda-based asset financing startup Asaak has raised $30m in pre-Series A equity and debt funding, a report from TechCrunch has revealed.

News Stories

Finastra and OpenFin partner to elevate Kondor with cutting-edge workspace technology

Finastra and OpenFin partner to elevate Kondor with cutting-edge workspace technology

Finastra, a global provider of financial software applications and marketplaces, has partnered with OpenFin, a leader in Chromium-based workspace technology for the financial industry.
Tyl by NatWest teams up with FSB to deliver cost-effective payment solutions for SMEs

Tyl by NatWest teams up with FSB to deliver cost-effective payment solutions for SMEs

Tyl by NatWest, a payment solutions provider known for its innovative technology and reliable service, has entered into a new partnership with the Federation of Small Businesses (FSB), a leading advocate for UK entrepreneurs and small businesses.
Topps Tiles partners with GoCardless to enhance Trade Pay service

Topps Tiles partners with GoCardless to enhance Trade Pay service

Topps Tiles, the UK’s leading tile specialist, has formed a strategic partnership with GoCardless, a prominent bank payments company, to enhance its Trade Pay service. This collaboration marks a significant step in Topps Tiles' efforts to deepen its engagement with the trade market.
SumUp secures record €1.5bn in one of Europe's largest private credit deals

SumUp secures record €1.5bn in one of Europe’s largest private credit deals

SumUp, a leading global FinTech company, recently raised €1.5bn from private credit lenders in a significant funding round led by Goldman Sachs. This transaction marks one of the largest European private credit deals in recent years.
Island's enterprise browser secures $175m in Series D, led by Coatue and Sequoia

Island’s enterprise browser secures $175m in Series D, led by Coatue and Sequoia

Island, the Dallas-based pioneer in enterprise browsers, today announced a significant boost to its financial standing and market position.

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