Tag: Fintech

Sun Life Financial Inc., an international financial services titan offering asset management, wealth, insurance, and health solutions, has recently celebrated the successful completion of its public offering in Canada.

Inpay, the Denmark-based international payments provider, has clinched an Electronic Money Institution (EMI) licence from the Danish Financial Supervisory Authority (FSA), marking a FinTech breakthrough in Scandinavia by integrating EMI, Payment Service Provider (PSP), and Third Party Provider (TPP) capabilities.

In the data-driven epoch, secure, adaptable, and scalable fraud prevention systems hold immense significance, especially for financial institutions handling sensitive data and massive amounts of money. The scalability of these systems, often overlooked, is crucial not only to handle the present volume of transactions but also to accommodate growth over the upcoming years.

Tandem Bank, a UK-based digital institution renowned for its sustainability focus, has recently secured £20m from Quilam Capital.

The revolution in Revenue Operations (RevOps) continues to gather pace, with the announcement that Revcast has secured a $3m seed funding round.

Google has committed more than $20m to aid cybersecurity clinics at 20 higher educational institutes across the US.

The FCA has addressed concerns over market integrity in the SLL market, warning about potential greenwashing practices.

Silicon Valley Bank (SVB), a renowned division of First Citizens Bank, has granted a $50m warehouse facility to Achieve, a leading digital personal finance entity.

The upcoming deadlines for applying changes to EMIR reporting for both the EU and the UK are fast approaching, with the EU's date set for April 29, 2024, and the UK's for September 30, 2024. Given these looming deadlines, Map FinTech has outlined what firms need to know.

Sunrate, described as an intelligent global payment and treasury management platform, has proudly announced securing a significant investment from Prosperity7 Ventures. The growth fund, operating under Aramco Ventures, took the lead in Sunrate's latest D-1 funding round.