Australian investors lag behind the global trend for passive funds and are playing catch up on ESG, Calastone research shows
The shift in investor preference for passive funds over active funds continued inexorably over the last two years, Calastone research shows.
Global fintech Railsbank partners with neobank Volt to launch in Australia
Railsbank, a leading global embedded finance platform, has launched in Australia via a partnership with the country’s first neobank Volt.
UK fintech SumUp raises €750m
UK fintech startup SumUp has raised €750m (£643m, US$893m) from several investors including Goldman Sachs and Bain Capital Credit.
US fintech Payroc to bring 75 jobs to Northern Ireland
US payment processing company Payroc has announced plans to invest in Northern Ireland for the first time, with 75 new jobs to be created.
Zego scoops $150m, securing its position as the UK’s first insurtech unicorn
Zego has cemented itself as the UK’s newest insurtech unicorn, just two days after Starling Bank joined the ranks.
Starling Bank surpasses £1bn valuation with latest funding round
Anne Boden’s fintech challenger Starling Bank has raised £272m in a funding round that values the company at £1.1bn.
Moonstake forms strategic collaboration with escrow service Escaroo
Through this strategic collaboration, Moonstake will help to enable a staking functionality for the Escaroo escrow platform.
Fintern taps AI and Open Banking to enter consumer loans market
Fintern is aiming to shake up the market for low-value consumers loans with the launch of credit technology that bypasses credit scores.
