Sector Updates

DeFi solution MoHash bags $6m in seed funding

MoHash, is a decentralised finance (DeFi) protocol that leverages crypto assets to offer global capital and liquidity, has picked up $6m for its seed funding round.

Decentralised credit protocol Goldfinch swoops up $25m

Decentralised credit protocol Goldfinch has swooped up $25m in an investment led by Andreessen Horowitz.

Danish Android POS service provider Vibrant bags €4m in seed funding

Denmark-based Vibrant, which turns Android mobile devices into point-of-sale terminals, has bagged €4m in its seed round.

Tribal Credit nets $34.4m to help SMEs access corporate cards

Tribal Credit, a payment FinTech targeted at small and medium-sized businesses in emerging markets, has closed a Series A and debt round on $34.3m.

MoneyGram takes stake in bitcoin ATM Coinme

Coinme, a US-based cryptocurrency cash exchange service, has received a strategic minority investment from MoneyGram International.

Deutsche Bank slapped with €8.6m fine for Euribor control deficiencies

Deutsche Bank has been fined €8.6m by BaFin due to weaknesses relating to controls of Euribor, the Euro Interbank Offered Rate benchmark used in the financial industry.

OppZo closes doors on $260m debt and equity round

OppZo, which aims to help small and medium-sized businesses unlock access to capital, has raised $260m in debt and equity funding.

Where to start with digital transformation in wealth management

With every new variant of Covid, the end of the pandemic continues to move further into the distance. These past two years have shown the cruciality of digital services, and firms no longer have a choice to avoid it if they want to stay successful. The trouble is, where does a firm start?

Modern credit card provider Petal bags Series D

Petal, a credit card company helping people build their credit, has raised $140m in its Series D funding round.

Vietnamese digital bank Timo snares $20m investment

Vietnam’s first digital bank Timo has secured $20m from a funding round led by venture capital firm Square Peg.

News Stories

How to identify the best ESRS solution for you

How to identify the best ESRS solution for you

The European Sustainability Reporting Standards (ESRS), which came into effect at the start of the year, brings significant changes to Environment, Social and Governance (ESG) related reports. The regulation brings new reporting requirements that can easily become complex if not using the right tools. The question is, what are the hallmarks of a good ESRS tool?
SAVR secures strategic backing from Incore Invest to enhance Nordic investment platforms

SAVR secures strategic backing from Incore Invest to enhance Nordic investment platforms

Incore Invest, a European investment firm known for supporting emerging FinTech ventures, has increased its investment in SAVR, a trailblazing FinTech company based in Sweden.
CUBE

CUBE bolsters regulatory expertise through Reg-Room acquisition

CUBE has announced its acquisition of Reg-Room, a prominent regulatory intelligence provider catering to the financial services sector.
Apis Growth Fund I celebrates successful exit from PayTech Adumo

Apis Growth Fund I celebrates successful exit from PayTech Adumo

Apis Growth Fund I, a private equity fund managed by Apis Partners, a UK-based asset manager, will have fully exited its position in South African merchant acquirer Adumo following Adumo’s acquisition by South African FinTech Lesaka Technologies, announced yesterday.
Numeric secures $10m in Seed funding to revolutionise accounting automation

Numeric secures $10m in Seed funding to revolutionise accounting automation

Numeric, an AI-powered accounting automation firm based in San Francisco and New York, has successfully secured $10m in a Seed funding round.

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