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Belgian fintech startup Silverfin raises $30 million Series B to continue international expansion

Belgian fintech startup Silverfin has raised a Series B round of $30 million, according to De Tijd. The round was led by Hg Capital with participation from Index Ventures and SmartFin Ventures.

IXOPAY and Finrax Take the CRYPTIC out of CRYPTO

The payment management platform IXOPAY is now connected to Finrax, an exchange and wallet provider for cryptocurrencies. eMerchants connected to the IXOPAY software platform will have the opportunity to use Finrax to accept payments from customers, issue withdrawals and pay vendor invoices with cryptocurrencies.

MAS launches $1.75m fintech innovation challenge for Covid-resilient and greener sector

The Monetary Authority of Singapore (MAS) has launched a $1.75 million competition to seek innovative fintech solutions that can help financial institutions (FIs) respond to two critical global challenges: Covid-19 and climate change.

Halal fintech startup Wahed closes $25M led by Saudi Aramco’s investment arm

New York-based fintech startup Wahed (meaning “One” in Arabic) describes itself as a digital Islamic investment platform and as the world’s first “halal robo adviser.” It has now closed a $25 million investment round led by Saudi Aramco Entrepreneurship Ventures (also known as Wa’ed Ventures), a venture capital investment arm of oil giant Saudi Aramco.

10,000+ claims executives gather for Connected Claims USA Virtual by Insurance Nexus and Reuters Events

Connected Claims USA has officially launched as the first fully virtual claims event and remains the world’s largest and most senior claims event (June 23-25, 2020).

Public market investors bet on a full fintech recovery

It may have been a bad week for European neobanks — with mass layoffs at Monzo and tales of forced firings at Revolut — but at least the public markets are positive that financial technology companies are going to do well coming out of lockdown.

Blockchain is growing force in HK fintech sector

Blockchain firms are increasingly dominating Hong Kong’s financial technology sector, with 39% of new firms launching in the country’s fintech industry last year operating with distributed ledger technology, or DLT.

Connected Retail Experiences and StartmeupHK Festival 2020 Goes Virtual

Bailey Communications and InvestHK have confirmed today that the StartmeupHK Festival 2020, due to take place from 6-11 July 2020, is to be transformed from an in- person event to a fully virtual experience. Connected Retail Experiences will take place on 7th July 2020.

Stay ahead of emerging fraud threats with AI

Financial crime is a fast-growing problem for banks, financial institutions and financial services firms. With the scale and sophistication of criminal activity on the rise, and regulatory scrutiny and penalties increasing, firms are under pressure to improve the effectiveness and efficiency of their efforts to tackle fraud.

Japan’s Biggest Banks Are Talking About Building a Digital Payments System

Three of Japan’s largest banks are among major players joining a study group looking at developing a digital payment system that may address concerns about cryptocurrencies.

NY DFS and France Regulator ACPR Ink Fintech Agreement

Regulators in the US and France are building bridges to assist fintech companies expand abroad. The New York State Department of Financial Services (DFS) and France’s Autorité de Contrôle Prudentiel et de Résolution (ACPR) today entered a cooperation agreement to promote innovation in financial services in their respective markets.

Mastercard’s Fintech Express Aims To Fuel European Startups

Mastercard has added a program designed to assist FinTech startups in Europe with quickly launching and expanding, the company announced on Tuesday (June 2).

Payments Startup Marqeta’s Valuation Jumps to $4.3B With New $150M Funding Round

Marqeta brought in a round of $150 million in fresh capital from an undisclosed investor, valuing the company at $4.3 billion, the company announced Thursday.

UK fintech investment reaches record high

Investment in the UK’s financial technology (fintech) firms has grown by 500% in the past three years, compared with 133% for Europe and 170% for the US, says a new report.

French anti-trust watchdog shines a light on fintech

France's competition authority has launched a public consultation into the fintech sector, with a focus on payment services.

Matchmaking platform bids to connect fintech startups with commercial partners

A former Visa executive is launching an AI-based platform designed to help fintech startups build commercial partnerships with retailers, financial institutions and investors

WeChat Invests $70 Billion in Fintech, Including Blockchain and AI

Chinese tech giant Tencent Holdings will allocate nearly $70 billion (500B yuan) over the next five years in fintech development, including blockchain, cloud computing, and artificial intelligence (AI).

Singapore fintech firm secures $17M to build out platform

GoBear has secured $17 million in funds that it says will drive its efforts to become a "full-fledged financial services platform". It plans to focus on three growth areas, namely, online financial supermarket, digital insurance brokerage, and digital lending.

Reuters Events, Lazard Asset Management, Nuveen Real Estate, and The Climate Service in Free Webinar: ESG Data Clarity - Practical Guidance to Maximize ESG Data Value

Reuters Events hosts leading ESG data experts in a free webinar discussion to provide industry guidance on ESG data best practice. This panel draws from ESG data expertise spanning four decades to provide solutions for the day-to-day data challenges experienced by industry peer

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