Search Results for: regulatory capital

Data-fueled Insurance Platform Accelerant Announces Growth Funding Round in Excess of $190 Million
InsurTech News

Accelerant Announces Growth Funding Round in Excess of $190 Million

Fintech News Desk
by Fintech News Desk0
Accelerant, the insurtech empowering underwriters with superior risk exchange and data analytics coupled with long-term capacity commitments, announced it has raised in excess of $190 million at a $2 billion pre-money valuation led by Eldridge, with participation from Deer Park, Marshall Wace, MS&AD Ventures, and others. Existing majority investor Altamont Capital Partners also participated......
Soft Space Enters Into Strategic Partnership With JCB
Fintech News

Soft Space Enters Into Strategic Partnership With JCB

Fintech News Desk
by Fintech News Desk0
Collaboration will expand JCB’s presence in Southeast Asia and act as a bridge for Soft Space to link Japanese consumers with the region and vice versa The world’s leading fintech player, Soft Space Sdn. Bhd. (“Soft Space”), has announced a new strategic partnership with Japan’s only international payment brand, JCB......
Fintech Predictions 2022: Diversity, FinTech Collaboration, and Filling the Skills Gap will Trend for Financial Services in 2022
Business Insights Interviews Technology

FinTech Predictions 2022: Diversity, FinTech Collaboration, and Filling the Skills Gap will Trend for Financial Services in 2022

Sudipto Ghosh
by Sudipto Ghosh0
Welcome to our Fintech Predictions Series 2022. The rapid speed of change in banking during 2021 was like no other, but will it continue, and what are the predictions for 2022? We sat down with Cheryl Chiodi, an expert in financial services technology with digital intelligence company ABBYY, to identify......
RMA, US and Canadian Banks Form Consortium to Tackle Climate Risk
News Risk Management

Risk Management Association, Top US and Canadian Banks Form Consortium to Tackle Climate Risk

Fintech News Desk
by Fintech News Desk0
Consortium Establishes Needed Risk Management Practices   The Risk Management Association (RMA) announced that 19 leading banks have formed the RMA Climate Risk Consortium, which will develop standards for banks to integrate climate risk management throughout their operations, preparing the industry to help economies transition to a low-carbon future. “For......
Ramp US Expands Presence in US With FinCEN Regulation
Cryptocurrency News

Ramp US Expands Presence in US With FinCEN Regulation

Fintech News Desk
by Fintech News Desk0
Registration with two world-leading regulators boosts on-ramp provider’s credibility Ramp Swaps LLC (Ramp US), a crypto payments infrastructure provider, has registered as a Money Services Business (MSB) with The Financial Crimes Enforcement Network (FinCEN), enabling it to operate legally in 38 states and paving the way for further expansion into the United States.......
Zero Hash Raises $105 Million Series D Funding
B2B Digital Asset Management News

Zero Hash Raises $105 Million Series D Funding

Fintech News Desk
by Fintech News Desk0
Zero Hash announces Series D three-months after closing its Series C Fundraise Zero Hash, the leading B2B digital-asset-as-a-service infrastructure that offers the turnkey solution to allow any platform the ability for their customers to buy/sell, send/receive, reward, earn and stake digital assets, announced its $105 million Series D funding round.......
SEBA Bank Raises CHF 110 Million In Series C Funding To Fuel International Growth And Drive Institutional Business
Banking Digital Asset Management News

SEBA Bank Raises CHF 110 Million In Series C Funding To Fuel International Growth And Drive Institutional Business

Fintech News Desk
by Fintech News Desk0
Successful financing round is co-led by a consortium of specialized blockchain and fintech investors, including Altive, Ordway Selections, and Summer Capital, as well as DeFi Technologies, a NEO listed leader in decentralized finance. Alameda Research, a global cryptocurrency quantitative trading firm and liquidity provider, as well as core partner of......
Azimuth GRC Secures Strategic Investment from Truist Ventures
Investment Services News

Azimuth GRC Secures Strategic Investment from Truist Ventures

Fintech News Desk
by Fintech News Desk0
Automated compliance technology company continues momentum from Series A to further innovate their platform Azimuth GRC, a compliance automation pioneer, announced a strategic investment from Truist Ventures, the corporate venture capital division of Truist Financial Corporation. The investment will be utilized to build and innovate the revolutionary regulatory compliance Azimuth......
Citi to Exit Consumer, SBM Market Banking Operations in Mexico
Banking News

Citi to Exit Consumer, Small Business and Middle Market Banking Operations in Mexico

Fintech News Desk
by Fintech News Desk0
Advances Strategic Goals to Invest in Businesses Aligned with Core Strengths, Simplify Operations and Drive Long-Term Shareholder Value Citi announced that it intends to exit the consumer, small business and middle market banking operations of Citibanamex as part of its strategic refresh. Citi will continue to operate a locally-licensed banking......
Paysend Enters Partnership with Tencent Financial Technology for Money Transfers Through Weixin
Digital Payments News

Paysend Strengthens Americas Operation With Jairo Riveros as Managing Director of the US and Latam

Fintech News Desk
by Fintech News Desk0
Paysend, the card-to-card pioneer and international payments platform, announces the appointment of Jairo Riveros, as managing director of the United States and Latin America, effective 01 January, 2022. Paysend has had an active presence in the United States since September 2020 and helps American residents securely send funds to over......
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