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fintech insurtech wealthtech regtech ai cybertech esg news
fintech insurtech wealthtech regtech ai cybertech esg news

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Italian and German banks urge financial institutions to adopt more flexible regulations post Covid-19

To counter the economic effects of Covid-19, Italian and German banks have drawn up a document highlighting ways for financial banks across Europe to mitigate the risk of further loss.

eflow Global and GRSS enhance their partnership to provide managed surveillance solution

UK RegTech firm eflow Global has teamed with surveillance consultant GRRS to introduce a holistic market abuse surveillance solution to the market.
Natwest-backs-Floryn-raises-$65m-online-lending

Natwest backs Floryn for SME lending

Floryn, a Netherlands-based online lending FinTech, has raised €65m in funding from Natwest.
Sonovate is the leading provider of end-to-end workflow technology and seamless access to finance at the point of need. Its funding and tech services cater to recruitment businesses, consultancies, and labour marketplaces who place permanent employees, contractors and freelancers around the world. Sonovate’s platform and expert service deliver swift credit decisions, same-day funding, credit insurance and collection services as well as timesheet and workflow automation, empowering companies to concentrate on expanding their business, confident that processes and funds are in place to meet payment deadlines. Since it started funding in 2014, Sonovate has lent over £4 billion to 3,300 businesses and 40,000 workers in 44 countries

India’s InsurTech sensation InsuranceDekho clinches $60m

India's InsurTech startup InsuranceDekho, which emerged from the automobile marketplace group CarDekho, has successfully secured $60m in its latest fundraising effort.

Automation Anywhere follows hefty $250m Series A with $300m Softbank Vision backing

Venture capital investment giant SoftBank Vision Fund has boosted software bot developer Automation Anywhere's already hefty outside capital with $300m of new money.

Admiral Markets partners with identity verification companies Onfido and GetID

Internet trading company Admiral Markets has entered into a partnership with identity verification companies Onfido and GetID. M

Malaysian challenger bank BigPay hauls in $100m to fund Asian expansion

BigPay, the FinTech arm of airline AirAsia, has secured an investment of $100m from South Korea's SK Group to further its mission to become the leading challenger bank in Southeast Asia.

ECB changes bond rules to account for climate change

The Governing Council of the European Central Bank (ECB) will now account for climate change in its corporate bond purchases, collateral framework, disclosure requirements and risk management.
UK

UK government puts open finance at the forefront of new data legislation

The UK Department for Science, Innovation and Technology has put forward a new version of the Data Protection and Digital Innovation Bill.

News Stories

Finastra and OpenFin partner to elevate Kondor with cutting-edge workspace technology

Finastra and OpenFin partner to elevate Kondor with cutting-edge workspace technology

Finastra, a global provider of financial software applications and marketplaces, has partnered with OpenFin, a leader in Chromium-based workspace technology for the financial industry.
Tyl by NatWest teams up with FSB to deliver cost-effective payment solutions for SMEs

Tyl by NatWest teams up with FSB to deliver cost-effective payment solutions for SMEs

Tyl by NatWest, a payment solutions provider known for its innovative technology and reliable service, has entered into a new partnership with the Federation of Small Businesses (FSB), a leading advocate for UK entrepreneurs and small businesses.
Topps Tiles partners with GoCardless to enhance Trade Pay service

Topps Tiles partners with GoCardless to enhance Trade Pay service

Topps Tiles, the UK’s leading tile specialist, has formed a strategic partnership with GoCardless, a prominent bank payments company, to enhance its Trade Pay service. This collaboration marks a significant step in Topps Tiles' efforts to deepen its engagement with the trade market.
SumUp secures record €1.5bn in one of Europe's largest private credit deals

SumUp secures record €1.5bn in one of Europe’s largest private credit deals

SumUp, a leading global FinTech company, recently raised €1.5bn from private credit lenders in a significant funding round led by Goldman Sachs. This transaction marks one of the largest European private credit deals in recent years.
Island's enterprise browser secures $175m in Series D, led by Coatue and Sequoia

Island’s enterprise browser secures $175m in Series D, led by Coatue and Sequoia

Island, the Dallas-based pioneer in enterprise browsers, today announced a significant boost to its financial standing and market position.

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