Highlighting the complexities of the SME green finance sector, new findings from the Lending Standards Board (LSB) examine the various challenges, opportunities, and strategies for banks and lenders to aid their customers on the path to sustainability.
Fujitsu Limited and IHI Corporation, two of Japan's major companies, have made a significant stride towards carbon neutrality.
Announcing its first close of a $40m fund, The Radical Fund, a venture capital firm specialising in early-stage investments in the climate tech sector, has made waves in the FinTech industry.
Industry Research
The UK stars as the most innovative European FinTech country with a 32% share of seed deals
Key European FinTech seed deal investment stats in Q2 2023
• European FinTech seed deal activity increased 6% in Q2 2023 from the previous quarter
• The UK was the most active European FinTech seed deal country with a 32% share of deals
• RegTech was the most active FinTech subsector in Europe with a 23% share of deals European FinTech seed deal...
African mobility startup, Moove, renowned for providing revenue-based vehicle financing to mobility entrepreneurs and democratising vehicle ownership across Africa, has procured a funding of $8m from Absa Corporate and Investment Banking. This move is a stride towards expanding its vehicle fleet in Ghana, according to a report from Tekedia. The latest investment propels Moove’s total funding from Absa to $28m, marking...
Shardeum, a "highly-scalable EVM-based layer-1 blockchain deploying dynamic state sharding," has successfully closed a $5.4m strategic investment round. This funding round comes as a testament to the potential of Shardeum, even amidst a bearish market scenario.
Industrial Alliance Auto and Home Insurance (iAAH), a premier provider of multiple insurance lines including auto, property, casualty, and liability insurance, has announced its collaboration with Mitchell, an Enlyte company.
Leading InsurTech firm, Send Technology Solutions, widely recognised for its innovative solutions in the insurance industry, has announced the launch of its newest product, Smart Submission.
Banking Infrastructure
Mastercard joins forces with Dubai’s DET for innovative Digital City Partnership
The Department of Economy and Tourism (DET) of Dubai and Mastercard, a front-runner in payment innovation globally, have inked an innovative Memorandum of Understanding. The pivotal Digital City Partnership will further bolster Dubai's economic expansion in line with the ambitious Dubai Economic Agenda, D33.
Meadow Lark Agency, an asset-based 3PL company, and OTR Solutions, a factoring and trucking technology firm based in Atlanta, have joined forces to enhance Meadow Lark's carrier payment systems.
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