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ICYMI fintech funding round-up: ZayZoon, Koin, FacePhi, Belong and more

ZayZoon:Raised $15 million in an extension of its Series B round, led by Viola Fintech with participation from Intuit Ventures, Framework Venture...

Bulgaria’s Paynetics acquires UK neobank Novus

Bulgaria-based embedded finance firm Paynetics has acquired Novus, a B-Corp-certified digital bank in the UK. Novus, founded in 2020, is an "impact neobank"...

Twig enters liquidation, becoming latest UK fintech to shut down

UK circular economy fintech Twig, which secured $35 million in a Series A financing round two years ago, is entering liquidation. Insolve Plus...

EBA addresses ESG and climate change risks with new proposed guidelines

The European Banking Authority (EBA) drafts new guidelines for managing ESG risks. Active ESG factors, like climate change and social conflict, present challenges...

Ncontracts snaps up Quantivate for an undisclosed sum

Acquisition Announcement:Ncontracts, a US-based risk, vendor, and compliance management software provider, has acquired Quantivate.Strategic Move:Ncontracts aims to strengthen its position...

Canapi Ventures reveals new $750m fund to support US fintech entrepreneurs

Canapi Ventures, a US-based VC firm backed by 70 American financial institutions, raises $750 million in its latest fund, bringing total assets under...

IDB Invest and IFC team up to launch the Amazon Finance Network

Amazon Finance Network Launch:IDB Invest and IFC collaborate to launch the Amazon Finance Network. Announcement made at COP28 in the UAE.Network...

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