GENERAL FINTECH

HSBC, RBS, Italy’s Intesa Sanpaolo and Spain’s Banco Santander have set up a new center to foster the creation of financial technology startups in Israel. Read more: www.timesofisrael.com

With a large section of Egypt's population being under served in their access to financial services, the country is emerging as a hotbed for fintech ventures. Read more: www.entrepreneur.com

Fintech companies in China could soon face some more hurdles. Read more: uk.businessinsider.com

Half of China's ten biggest unicorns, or start-ups valued at US$1 billion or above, are financial technology firms. Read more: www.chinamoneynetwork.com

US private equity house Serent Capital has bought a minority stake in compliance and documentation tech business Docutech.

Melbourne-based fintech startup Airwallex has landed $3m to minimise cross-border payment risks. The pre-Series A investment round was led by Shanghai-based venture capital firm Gobi...

Mumbai-based venture capital firm India Quotient has backed wealth management app WealthTrust with an undisclosed amount in seed funding. WealthTrust will use the new funds...

European private equity firm Innova Capital has backed Polish e-payments business Polskie ePlatnosci(PeP). The firm said it intends to use the business as a platform...

Indian fintech startup NeoGrowth has raised $35m in a new financing round backed by Mumbai-based asset manager IIFL. Existing investors, including Quona Capital’s Accion Frontier Inclusion Fund,...

But London may remain a finance hub. Read More: fortune.com