Tag: SMEs

Key African FinTech seed investment stats in 2023 • African FinTech seed deals totalled at 116 transactions in 2023, a 49% drop from 2022 • African...

Mastercard, a global technology company in the payment industry, and MTN Group Fintech, a leading digital financial services arm of Africa's largest mobile network operator, have joined forces in a landmark partnership. This collaboration aims to drive the acceleration of the mobile money ecosystem across Africa, impacting 13 markets.

CyNam, UK-based cyber cluster, has entered a new phase of collaboration, powered by a funding boost from UKC3 - UK Cyber Cluster Collaboration.

Lithuania-based cybersecurity startup, Cyber Upgrade, has successfully secured €650,000 in pre-seed funding to bolster its mission of providing inclusive and accessible cybersecurity solutions for small and medium-sized enterprises (SMEs) and FinTech companies.

Pennylane, a France-based FinTech offering a all-in-one financial tool, has successfully raised €40m from Sequoia Capital and DST Global.

The European Securities and Markets Authority (ESMA), the regulator and supervisor for the EU's financial markets, is currently on the lookout for new members to join its Securities Markets Stakeholder Group (SMSG).

Arctic Intelligence, a leader in RegTech solutions, has recently unveiled a 14-day obligation-free trial of its acclaimed AML Accelerate platform.

WTW, a prominent player in the insurance industry, has introduced a groundbreaking cyber insurance product specifically tailored for small and medium-sized enterprises (SMEs) with annual revenues below $50M.

The Legal Affairs Committee of the European Parliament has greenlit a proposal suggesting a two-year delay for the full enactment of the Corporate Sustainable Reporting Directive (CSRD).

Big changes are sweeping through Europe's financial landscape, thanks to the introduction of stringent Anti-Money Laundering (AML) laws. These new regulations are particularly significant for high net worth individuals (HNWIs) and businesses in the luxury sector. The mandate? Heightened vigilance and transparency in financial dealings, aiming to curtail the misuse of funds.