Key UK FinTech investment stats in Q2 2023
• UK FinTech deal activity reached 127 deals in Q2 2023, a 42% decrease from Q2 2022
• UK FinTech companies raised a combined $639m in Q2 2023, an 82% drop YoY
• Blockchain & Crypto was the most active UK FinTech subsector with a 19% share of total deals The UK experienced mixed results...
FinTech News
Vietnamese FinTech GIMO’s $17.1m funding fuels mission to bridge financial inclusion gap
Vietnamese social impact FinTech startup, GIMO, which focuses on delivering flexible pay and financial well-being solutions for underbanked workers, has announced the successful completion of a $17.1m Series A funding round.
In a recent post by TAINA Technology, the company dug deeper into remaining compliant with FATCA and CRS compliance in APAC.
The UK government is considering backtracking on plans to impose stricter regulations on the burgeoning BNPL industry.
Global insurance broker Aon, has recently appointed Anneliesse Oliveros as the Head of EMEA for their Global Broking Centre.
The UK's InsurTech sector is displaying great strength in the global market with a substantial enterprise value of around $21bn.
The Payment Systems Regulator (PSR) recently delivered a robust update on its operations in the 2022/23 period.
The escalating complexity and volume of financial regulations have escalated the resource demand for regulatory reporting. Banks, insurance firms, and capital market companies are under immense pressure to maintain impeccable data and reporting functions. These functions are not just critical to evade compliance issues, but also for the optimisation of processes to prevent further strains on the operational budget. Regnology...
Dutch authorities have begun an operation against an organised crime network responsible for numerous ATM explosions in Germany.
CDP, the leading climate research provider and environmental disclosure platform, has unveiled Sherry Madera as its incoming CEO.
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