PayTech

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TransferWise gains direct access to the UK’s Faster Payments Services

London-based remittance startup TransferWise is gaining access to the UK's Fast Payments Service (FPS), through a technical partnership with Raphaels Bank.
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Cross River receives $28m growth equity funding

Banking innovator Cross River Bank has bagged a $28m growth investment from investment firms Battery Ventures, Andreessen Horowitz and Ribbit Capital.Battery led the round...
fintech-news

Boku adds $13.7m for bigger carrier bills

Carrier billing company Boku has raised $13.7m in new venture funding. The round was led by a consortium of UK investors, including angels Andrew Black and Robert Markwick.
fintech insurtech wealthtech regtech ai cybertech esg news

Cringle reels in €800k in crowdfunding round

German peer-to-peer money transfer app Cringle has surpassed its €400,000 goal to reach a final close of €800,000 on crowdfunding site Companisto.
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Danish payments processer Nets passes go for IPO

Danish payments processor Nets is heading to the stock market. The private equity-owned firm aims to raise Kr5.5bn ($824m) when it lists on the Copenhagen Stock Exchange.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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