Taulia, a leading fintech provider of working capital solutions, and Standard Chartered have signed a memorandum of understanding (MoU) to collaborate across a range of working capital finance solutions, with an initial focus on the provision of supply chain finance and dynamic discounting.
Governance, risk and compliance advisor ACA Group has acquired Ethos ESG, a provider of ESG ratings data and software for financial advisors, asset managers, institutions, and investors. Financial details were not disclosed.
Sardine, a behaviour-based fraud and compliance platform for fintechs developed by Coinbase, Revolut and PayPal veterans, has raised $51.5 million in a Series B funding round led by Andreessen Horowitz's growth fund.
JP Morgan has announced their partnership with Cleareye.ai to bring ClearTrade, a trade financing digitising solution, to banks. The platform will be integrated into JP Morgan's Trade Processing System that has rolled out in the APAC region and will be launched globally in the coming months.
A move by Europe to a one-day settlement cycle (T+1) could bring significant benefits but would face a host of barriers, cautions a paper from Association for Financial Markets in Europe (Afme).
Higlobe, a US startup founded by a former Google and Spotify executive, has raised $14 million to launch a subscription-based cross-border money transfer service for freelance workers, using stablecoins to transfer money quickly.
