Monite, an API-first embedded finance workflows startup, has raised $10m in seed funding to start “a new wave in embedded finance.”

Fenix24, a cyber disaster recovery firm that is transforming the post-breach restoration process and impact, has raised $5m in funding.

Analysts at Swiss Re have predicted that although inflation is easing in 2023, many cost pressures will still underpin elevated claims.

Moojo, a FinTech startup which helps freelancers and creators streamline their invoicing processes, has launched a new product in partnership with Hiscox Germany.

Multinational financial services firm Western Union has signed a collaboration deal with MoMo to facilitate money transfers in Vietnam.

Keystone Talent Bank has teamed up with global identity verification provider ID-Pal to offer real-time digital right to work checks.

Financial Services major UBS is set to acquire rival bank Credit Suisse in a $3.25bn deal as it hopes to help prevent a banking crash.

Soul Wallet, a California-based startup that is creating an online, self-custodial Ethereum wallet, has landed $3.1m in seed funding.

Japanese FinTech investment stats in 2022: • Japanese FinTech investment reached $360m in 2022, a 70% drop from 2021’s levels • Japanese Fintech companies completed 32 transactions in 2022, a 74% reduction from 2021 • Blockchain & Crypto was the most active Japanese FinTech subsector in 2022 with nine deals, a 27% share of total deals Japanese FinTech investment continued its decline in...

Payment giant Mastercard has acquired Swedish cybersecurity platform Baffin Bay Networks to help businesses deal with increasingly challenging cyber attacks. Baffin Bay Networks will add to Mastercard’s multi-layered approach to cybersecurity and help stop attacks. The cloud-based CyberTech solution leverages AI technology to automatically filter and counteract malicious internet traffic. To combat the rising level of malware, ransomware and other malicious activity,...