Sector Updates

Sarwa eyes market, product expansion following $15m Series B

United Arab Emirates-based investment and personal finance company Sarwa has snared $15m from a Series B funding round.

Elavon acquires Sage Pay in £232m deal

Elavon, the global merchant acquirer and subsidiary of U.S. Bancorp, has agreed to acquire Sage Pay for £232m.
Almond FinTech secures $7m funding to transform global financial transactions

Almond FinTech secures $7m funding to transform global financial transactions

Almond FinTech, a B2B technology company known for its innovative approach in connecting the fiat and digital currency worlds, has recently achieved a significant funding milestone.

Unchained Capital closes $2.995m seed round

Crypto-finance company Unchained Capital has closed a $2.995m seed financing round.

Australia-based Integrity Life closes Series B round on $43m

Australia-based Integrity Life has closed its Series B round on $43m, which will support the development of its products.

VC firm YL Ventures closes $400m cyber investment fund

YL Ventures, a venture capital company that focuses on early-stage CyberTechs, has concluded a $400m fund aimed at support growing cyber firms.
UK's FCA takes action against crypto ATMs in London

UK’s FCA takes action against crypto ATMs in London

The UK’s Financial Conduct Authority (FCA) has made another move to crackdown on crypto ATMs by inspecting several sites in East London.

Ethereum cryptocurrency expert arrested after giving blockchain talk in North Korea

A cryptocurrency community rivalling bitcoin is in uproar after an Ethereum Foundation worker was arrested after giving a blockchain talk in North Korea.

Breeze banks $10m to boost its disability and critical illness insurance offering

InsurTech Breeze closed a $10m Series A funding round led by Link Ventures with participation from Northwestern Mutual Future Ventures, Silicon Valley Bank, M25, Fiat Ventures and Invest Nebraska.
APRA

APRA targets bank resilience with new liquidity changes

The Australian Prudential Regulation Authority (APRA) is making strides to fortify the banking sector against future stress.

News Stories

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud, a leading innovator in the Staffing Industry known for its advanced automation and AI-driven solutions, has announced a groundbreaking partnership with Immediate, a forward-thinking provider of pay access solutions.
Marqeta powers Rain's new debit card for seamless wage access

Marqeta powers Rain’s new debit card for seamless wage access

Marqeta, a global modern card issuing platform, has partnered with Rain, a financial wellness benefits provider that assists companies in giving employees greater control over their finances.
Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies, a leading RegTech company, has teamed up with HSBC Expat, a branch of HSBC Bank specialised in services for expatriates, excels in offering tailored banking solutions across the globe.
FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.

FinTech funding flourishes amid diverse week for deal activity

FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.
Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna, an AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched the Nature Transformation Fund.

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