February 2025 – Page 5

HSBC Allocates €36 Million to London Fintech ClearScore

ClearScore, a London-based startup specializing in credit scoring services, has secured €36.1 million in debt financing from its primary backer, HSBC. The funding, provided by...

Tietoevry explores spin-off and public listing of its banking division.

Finnish IT services provider Tietoevry has announced plans to consider the separation and listing of its Banking unit as part of a broader strategic review....

Shares, a Social Investing App, Secures $40 Million for European Growth

London-based social and community investing app Shares is planning to expand into Europe and venture into the cryptocurrency space after successfully raising $40 million in...

Google Cloud and MAS Join Forces to Accelerate Climate Fintech Innovation

The Monetary Authority of Singapore (MAS) and Google Cloud have introduced the Point Carbon Zero Programme aimed at fostering innovation, incubation, and scaling of climate...

SEC Probes Coinbase Regarding Securities Issues

The US Securities and Exchange Commission (SEC) has initiated an investigation into whether Coinbase allowed customers to trade digital assets that should have been registered...

FTX and Coinbase Back ‘Bloomberg for Crypto,’ Coinfeeds

The venture arms of FTX and Coinbase have participated in a $2 million seed funding round for Coinfeeds, a startup designed to help users monitor...

Office of Financial Research Launches Data Hub for Climate Risk Assessments

The US Office of Financial Research (OFR) has initiated a pilot program for a climate data and analytics hub aimed at assisting regulators in evaluating...

YES Bank to Secure $1.1 Billion Through 10% Stake Sale in Private Equity

Private equity giants Carlyle and Advent International have announced plans to acquire a 10% stake in YES Bank, one of India’s largest private sector banks,...

Credit Suisse Partners with Girls Who Code to Broaden Diversity in Tech Talent

Credit Suisse is partnering with the non-profit organization Girls Who Code to create a pathway for new technology talent in the bank's Wall Street operations....

UK Legal Taskforce Investigates Regulations Governing Blockchain-Based Securities Issuance

Legal experts in the UK have launched a public consultation to explore the necessary legislative changes for the issuance and transfer of digital securities using...