Company News
Major Chinese Stock Exchanges reveal new mandatory sustainability reporting requirements for firms
China's major stock markets, including the Shanghai Stock Exchange (SSE), Shenzhen Stock Exchange (SZSE), and Beijing Stock Exchange (BSE), have introduced fresh sustainability reporting guidelines for listed companies, according to ESG Today.
Lithuania-based cybersecurity startup, Cyber Upgrade, has successfully secured €650,000 in pre-seed funding to bolster its mission of providing inclusive and accessible cybersecurity solutions for small and medium-sized enterprises (SMEs) and FinTech companies.
Solera, a leading provider of vehicle lifecycle management solutions, joins forces with STELLA Automotive AI to introduce a groundbreaking solution named ServiceAgent AI.
Ushur, a leading provider of Customer Experience Automation solutions, continues to innovate with its latest major release, which includes the introduction of a key feature aimed at empowering citizen developers.
Ascent Technologies, a leading provider of AI-enabled compliance automation solutions for financial services companies, has revealed that it has completed the strategic acquisition of Waymark.
In the not-so-distant past, navigating through the bustle of public transport meant holding onto a paper ticket. However, the concept has swiftly become a relic of a bygone era. The transition from traditional paper tickets to e-tickets has resulted in more convenience and efficiency. Apart from reducing the environmental impact, this shift has streamlined the ticketing process, offering passengers instant access through their smartphones or other digital devices, as Scanbot SDK explains.
European FinTechs raised a combined $104.8bn between January 2019 and December 2023. The UK accounted for nearly half of the funding with $48.4bn raised over the period, a 46% share of total funding. 2021 saw the most combined funding in 2019-2023 at $35.7bn, a 34% share of funding. European FinTech companies raised a combined $12.9bn in 2023, a 54%...
Key Swiss FinTech investment stats in 2023:
• Swiss FinTech companies raised a combined $451m in 2023, a 62% drop YoY
• Swiss FinTech deal activity totalled at 114 transactions in 2023, a 20% reduction from 2022
• Blockchain was the most active FinTech subsector with a 33% share of all deals. In 2023, Swiss FinTech companies faced a notable challenge as they...
Nearly $1bn is raised across 20 FinTech funding rounds closed this week, propped up by three sizeable deals. It proved to be a bigger week for funding rounds compared to last week, which saw just $317m invested across 12 deals. Of that funding, a third came from just one deal that closed on $100m. This week saw three deals lead the...
Saudi Arabia's FinTech investment more than doubles in 2023 despite global drop
Key Saudi FinTech investment stats in 2023:
• Saudi FinTech companies raised a combined $854m in 2023, a 270% increase from 2022
• Saudi FinTech deal activity totalled at 26 deals in 2023, a 47% reduction from 2022
• Two large FinTech deals accounted for 69% of Saudi FinTech investment in...
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