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Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023
Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech Staff Writer
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
Qoala Raises US$ 65 Million in Series B, Clocking 30X Business Growth Since Series A
InsurTech News

Qoala Raises US$ 65 Million in Series B, Clocking 30X Business Growth Since Series A

Fintech News Desk
Qoala raised US$ 65 million in Series B funding led by Eurazeo with participation from several existing investors including Flourish Ventures, KB Investment, MassMutual Ventures, MDI Ventures, SeedPlus and Sequoia Capital India. In addition, BRI Ventures, Daiwa PI Partners, Indogen Capital, Mandiri Capital Indonesia and Salt Ventures also joined the investment......
Market Launch of Revolutionary FinTech Product From Allied Digital
Banking News

Market Launch of Revolutionary FinTech Product From Allied Digital

Fintech News Desk
Govt. of India recently announced the rapid digitalization of the banking sector as part of the Digital India initiative that will stimulate financial inclusion. RBI further appended and promotes its policy of Secure and Informed Digital Banking. Allied Digital Services Ltd, a publicly-traded global IT solutions, services and Master Systems integration......
Chainalysis Doubles Private Sector Business and Raises New Funding to Double Its Valuation to $8.6 Billion
Blockchain Cryptocurrency News

Chainalysis Doubles Private Sector Business and Raises New Funding to Double Its Valuation to $8.6 Billion

Fintech News Desk
Series F Financing Led by GIC with Participation from New and Previous Investors Chainalysis, the blockchain data platform, announced a $170 million Series F financing led by GIC, Singapore’s sovereign wealth fund, bringing its valuation to $8.6 billion. Previous investors Accel, Blackstone, Dragoneer, and FundersClub increased their investment in the company, and the Bank......
Leading MSB Industry Associations Unveil Anti-Money Laundering Best Practices
News Risk Management

Leading MSB Industry Associations Unveil Anti-Money Laundering Best Practices

Fintech News Desk
The Electronic Transactions Association (ETA); INFiN, a Financial Services Alliance; the Money Services Business Association (MSBA); and The Money Services Round Table (TMSRT) announced the release of Best Practices for U.S. Money Services Businesses: Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT) Compliance Programs. The members of these industry associations represent the......
BXH Appointed New Head of Risk Management and Security
News Risk Management Security

BXH Appointed New Head of Risk Management and Security

Fintech News Desk
BXH was launched in April 2021 with the entrée of the China market Mr. Edward Ng with 30 plus years of fintech and security experience has been appointed as the Head of Risk Management and Security for BXH (Boy X Highspeed) in Dubai. “With the re-launch of the BXH Defi-Cefi......
Kin Insurance, Inc. and Omnichannel Acquisition Corp. Mutually Agree To Terminate Business Combination Agreement
InsurTech News

D2C Insurtech Company Kin Insurance Grows Total Written Premium by 230% YoY

Kin Exceeds Expectations in First Quarter 2022, Moves Closer to $250M Annual Goal Kin Insurance, the direct-to-consumer home insurance company built for every new normal,  announced select preliminary operating results through the first quarter ended March 31, 2022: “We showed meaningful operating leverage as we experienced revenue growth and narrowed......
METACO Partners with Brink’s to Strengthen Institutional Digital Asset Custody Capabilities
Digital Asset Management News

METACO Partners with Brink’s to Strengthen Institutional Digital Asset Custody Capabilities

Partnership enables financial institutions to transport and store physical key backups across multiple high-security vaults METACO, the leading provider of security-critical software and infrastructure to the digital asset ecosystem, has announced a partnership with Brink’s, the global leader in total cash management, route-based secure logistics and payment solutions. Brink’s extends......
CNote Expands Access to Capital for Community Financial Institutions With $25 Million From Apple to Support Communities of Color
Fintech News

CNote Expands Access to Capital for Community Financial Institutions With $25 Million From Apple to Support Communities of Color

CNote, an Oakland-based fintech, announced that Apple will use the CNote platform to deploy $25 million into underserved communities across the country. Apple’s $25 million commitment is part of its broader Racial Equity and Justice Initiative, an effort to address systemic racism in America and expand opportunities for communities of......
Sazmining Onboards Leading Experts from Renewable Energy, Bitcoin and Fintech
Cryptocurrency Digital Fintech Startups

Sazmining Onboards Leading Experts from Renewable Energy, Bitcoin and Fintech

Sazmining, a Bitcoin mining platform recorded an impressive 220% growth increase post-launch, and counts $1.7M + in reservation commitments Sazmining, the world’s first Bitcoin mining platform created exclusively for retail customers and powered by clean energy, announced its key advisory slate, seven leading experts in renewable energy, Sazmining Onboards Leading......
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