Canadian FinTech investment still on track to surpass 2021 levels despite lacking second quarter

• Canadian FinTech companies raised $0.21bn in the second quarter of 2022, an 89% reduction from Q1 2022, however, large deals that bolstered Q1...

TomoCredit bags $22m in Mastercard-backed Series B

TomoCredit, a US startup creating a credit card to help first-time borrowers build credit history, has secured $22m from a Series B financing raise.

What is the value of outsourcing regulatory reporting?

When it comes to key areas of the business, the regulatory reporting side may be one of if not the most key for long term operational sustainability.

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.

Tenet collects $18m for EV auto finance

Tenet, a FinTech startup that provides EV auto financing products, has raised $18m in seed funding and launched a specialised EV financing platform.

$2.8bn was raised in last week’s 54 FinTech funding rounds

A total of $2.8bn was raised across last week's 54 FinTech deals, of which, the top nine raised $1.5bn. 

Access management solution Opal snaps up $10m

Opal, which claims to democratise access management, has scored $10m in its Series A round, which was led by Greylock Partners.

Foxen rakes in $44m for real estate market

Foxen, a provider of financial technology solutions for the real estate industry, has raised $44m in Series A funding.

Sokin deepens Mastercard partnership with Middle East and Africa jump

PayTech Sokin has signed a partnership agreement with Mastercard to support the roll-out of its fixed-price payment services across the Middle East and Africa.

Ayden deepens global partnership with BNPL Afterpay

FinTech firm Ayden has expanded its partnership with Buy Now, Pay Later (BNPL) platform Afterpay.

News Stories

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Agri-InsurTech IBISA secures funding

IBISA, an Agri-InsurTech on a mission to provide innovative weather protection insurance, has raised seed funding.
African-insurance-extreme-weather-parametric-insurtech

ARC on a mission to protect African citizens against extreme weather

Representatives from African governments, humanitarian partners and donors have met in Malawi to discuss how parametric insurance delivered through African Risk Capacity Limited (ARC) has the potential to transform how the continent deals with climate-change induced events, such as droughts and cyclones.
Tokio-Marine-Arbor-Ventures-singapore-venture-capital-fintech-insurtech-insurance-innovation

Tokio Marine and Asian VC Arbor Ventures to boost insurance innovation

Tokio Marine Asia has partnered with Singapore-based venture capital firm Arbor Ventures to accelerate innovation in the insurance industry.
Cowbell-Cyber-Swiss-Re-regtech-cyber-insurance-insurtech

Cowbell Cyber and Swiss Re join forces for cyber offering

Cowbell Cyber, a provider of cyber insurance for small and medium-sized enterprises (SMEs), has partnered with Swiss Re to offer cyber coverage to enterprises running their business on Amazon Web Services (AWS).
BitGo seeks $100m in damages after Galaxy terminates merger

BitGo seeks $100m in damages after Galaxy terminates merger

Digital asset custody, trading and financing platform BitGo is seeking $100m in damages after Galaxy Digital terminates its merger agreement.

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