MUFG Bank launches $300m Indian startup fund
The MUFG Ganesha Fund will invest in middle- to late-stage Indian startups, with the bank saying it plans to provide...
Oxbury raises £25 million as breakeven nears
The latest capital increase was made by British Business Investments, a wholly-owned commercial subsidiary of the British Business Bank. It...
Lemonade Foundation preps blockchain-based climate insurance for subsistence farmers
The Lemonade Crypto Climate Coalition, constituted as a Decentralized Autonomous Organization (DAO), is aiming to build and distribute at cost...
Carbonplace and Visa team on carbon credit transfer pilot
Visa purchased Verra-certified credits from Sustainable Carbon, a carbon credit project developer in a key step ahead of a planned...
Commerzbank refocuses innovation unit on sustainability
The German lender says that customer demand in the B2B and B2C sectors is no longer just growing for digital...
Finastra and Visa introduce global BaaS offering integrating Visa Direct
The two firms are co-developing new functionality on Finastra's Payments Hub, giving banks out-of-the-box processing capabilities, available on premises or...
Silicon Valley Bank expands to Sweden
SVB UK notes that their expansion into Sweden builds on its Nordic presence and will further accelerate plans to deploy...
Hong Kong to introduce subsidies to attract fintechs
A number of industry associations, such as the Hong Kong Investment Funds Association, and lobby groups have complained that Hong...
Open banking app Sync. goes into administration
In a statement on its site, Sync. says that Shane Biddlecombe and Gordon Johnston of Trusolv Business Recovery were appointed...
BNP Paribas joins €40 million funding round in climate data outfit Kayrros
The funds will support Kayrros’ geospatial detection technologies, which analyse satellite images and other data to assess the climate impacts...
