FinTech News
Goldman Sachs joins Financeit’s C$700m securitization warehouse to support Canadian home improvements
Financeit Canada, a prominent provider of point-of-sale financing in the sectors of home improvement, recreational vehicles, and retail within Canada, has recently enhanced its Securitization Warehouse facility.
Agrolend, an agribusiness finance platform, has successfully raised a $53m Series C funding round.
Protostars, a burgeoning innovator in the field of AI-driven cyber security, has successfully raised €300k.
Flexential, a prominent provider of secure and flexible data centre solutions, has received a strategic investment from Morgan Stanley Infrastructure Partners (MSIP), with ongoing support from GI Partners.
Akua, a Latin American-based payment processing platform, has successfully secured a seed investment of $4.3m.
Earnix, the leading global provider of AI-based SaaS solutions for financial services, has partnered with HCLTech to drive transformation in insurance rating and pricing. This move is set to modernise insurers’ systems, focusing on streamlining rating systems, upgrading legacy technologies, and improving operational quality and compliance. Additionally, the collaboration will enable insurers to offer personalised products to customers while enhancing scalability...
In today's evolving regulatory environment, financial institutions are increasingly turning to technology to manage their regulatory lifecycles effectively. According to Ascent, automation is becoming a critical tool in this process, allowing companies to streamline operations, enhance accuracy, and maintain compliance with regulatory changes. At the core of effective regulatory lifecycle management is the need to define and maintain an up-to-date...
Company News
Tune Protect and bolttech Insurance collaborate to expand travel insurance options for AirAsia
Tune Protect Re Limited has teamed up with bolttech Insurance to introduce AirAsia Travel Insurance for travellers flying from Hong Kong. This initiative is facilitated by AirAsia Berhad, acting as the licensed corporate agent for bolttech Insurance in this partnership. The partnership aims to offer Hong Kong travellers more convenient and comprehensive travel insurance options on AirAsia flights. This move is part of...
ClientEarth has filed a complaint against BlackRock with France's financial regulator, the Autorité des marchés financiers (AMF). According to ESG News, the complaint accuses BlackRock of greenwashing by misleading investors with funds labelled as "sustainable," despite investing over $1 billion in major fossil fuel companies like Shell, BP, and Chevron. These companies are noted for their ongoing expansion into...
New research from Barclays highlights a critical gap in the due diligence process of UK investors using social media for financial guidance.
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