The Monetary Authority of Singapore (MAS) has called for finance companies incorporated in Singapore to cap their total dividends per share for the financial year 2020 at at 60% of 2019’s level.
Shipping companies face many monetary uncertainties, but Incomlend hopes to alleviate some of those concerns on the back of its new $20m Series A round.
Payment provider Blackhawk Network has picked open finance data and intelligence platform Moneyhub to deliver its compliance with the open banking standards.
North America has found itself with another payment technology company as FinTechs FortisPay and BLUEDOG have announced that they are merging.
UK FinTech Curve has made a bid for a £10m grant in order to upgrade SME financing during the pandemic.
IRONSCALES, a self-learning email security solution, has scored $8m in its Series B round to support its rapid growth plans.
Oomnitza, which helps companies to secure and manage their digital presence, has closed its Series B round on $12.5m.
Clara Insurance has rebranded to Brella Insurance, in tandem with the close of a $1.5m funding round.
The UK High Court has ordered pension introducers Avacade, Alexandra Associates and their directors to pay £10.7m restitution to consumers.
VibePay has integrated more banks and payment providers to its platform via banks and payment providers in order to appeal to more influencers.