Sector Updates

UK lawmakers underline key stability and privacy risks of CBDCs

A report by the House of Lords’ Economic Affairs Committee has warned how a digital pound could harm financial stability, raise credit costs and erode privacy.

Payflow becomes most funded on-demand salary solution in EU

Financial wellbeing platform Payflow has secured €8m in financing to support its growth in Spain and other international markets.

French-FinTech Spendesk bags extends Series C

Spendesk, which styles itself as a seven-in-one spend management solution for SMBs, has collected €100m in an extension to its Series C round.

3 trends driving digital transformation in insurance in 2022

As the world settles into 2022, cloud-based InsurTech Novidea has outlined the three major trends it expects to drive digital transformation this year.

Blockchain security firm Redefine claims $11m seed

Israeli blockchain security startup Redefine has scored $11m in seed funding capital.

Blockchain-based insurance to save $10bn in claims admin

Blockchain-based insurance will transform claims administration and save $10bn in costs globally by 2024, up from $1.1bn in 2021, according to a report from Juniper Research.

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?

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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