KPMG is launching an embedded finance hub in Singapore, providing support to firms looking to make inroads into financial areas such as payments, blockchain and lending.

Dutch digital bank Bunq is burnishing is green credentials, clebrating the planting of five million tress in Kenya and Madagascar.

Royal Bank of Canada (RBC) has acquired WayPay, a local startup that provides businesses with cloud-based accounts payable automation technology. Financial terms were not disclosed.

NatWest is bombarded with 100 million cyber attacks every month, the UK bank’s head of cyber security has revealed.

UK fintech Monzo has recorded a sharp rise in profitability and posted revenue in excess of £1bn for the first time.

BNP paribas is to provide a sustainability-linked revolving credit line to Ant Group, verifying the Chinese company’s green credentials via a blockchain-based carbon management platform.

Canadian outfit Portag3 Ventures has closed a CAD$427 million (US$321 million) fund focused on early stage investments in the fintech sector.

Revolut’s long-term quest to gain a UK banking licence is over, with the Prudential Regulatory Authority granting the licence with restrictions.

Turkish emebedded finance fintech Sipay has raised $78 million at a valuation of $875 million.

At the start of Covid, large Fortune 500 companies began to leave the African financial markets, citing too much illiquidity and uncertainty. One Ireland-based startup, featured on this year’s Money 20/20 ‘Startup Spotlight’ session, built a solution.

Danish startup spektr has raised EUR5 million in seed funding for its platform to help financial sector firms with their due diligence processes.