Friday, March 29, 2024

Hong Kong to launch FinTech ‘sandbox’ as rivals pull ahead

Hong Kong on Tuesday said it would establish a regulatory regime known as a "sandbox" for financial technology innovation in the banking sector, amid fears the city is losing ground to China, Australia and Singapore in the fintech race. Read more: www.reuters.com

FinTech in Nigeria set to grow

Nigeria is set to become Africa’s FinTech hub after experiencing a boost in mobile money operations last year. Read more: www.cryptocoinsnews.com

Indian online tax return platform ClearTax bags $12m SAIF-led Series A

SAIF Partners’ Ravi Adusumalli has led a $12m Series A financing round for Indian online tax filing platform ClearTax.

Swiss propose rules to encourage FinTech sector

Easing rules could help reduce barriers to market entry and provide more legal certainty for the burgeoning sector. Read more: www.reuters.com

Klarna and LendInvest backer Atomico closes new $765m fund

European VC Atomico has closed its fourth fund at $765m, making it one of Europe’s largest tech funds to date. Read more: www.fintechroundup.com

Is FinTech Ireland’s hidden secret and open opportunity?

It is a significant understatement to say that both the ICT and international financial services sectors are a major part of Ireland’s economic success. Read more: www.siliconrepublic.com

Irish Minister announces launch of 10 FinTech startups

The 10 companies include AssureHedge, id-Pal, WeSavvy, CyberRiskAware, Tucr, and others. They range from insurance to banking to wearables. Read more: www.econotimes.com

Taiwan opts for caution in developing FinTech

Financial industry observers see potential for Taiwan in the FinTech sector, citing ways in which technologies could help banking and insurance. Read more: topics.amcham.com.tw

Berlin startup builder joins FinTech Investor Forum

London likes to think of itself as the FinTech capital of Europe, with its traditional banking sector churning out talent and its well established VC networks. Read more: www.fintechroundup.com

BlackFin makes first hires for FinTech venture fund

French private equity firm BlackFin is beefing up its FinTech talent and hiring two new team members to head up its dedicated venture fund. Read more: www.fintechroundup.com

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