Top investment banks provide billions to expand fossil fuel industry
October 14, 2019

Exclusive: analysis reveals lenders provided $700bn to expand sector since Paris climate pact

The worlds largest investment banks have provided more than $700bn of financing for the fossil fuel companies most aggressively expanding in new coal, oil and gas projects Continue reading

Fintech platform Synapse raises $33M to build the AWS of banking
July 6, 2019

Synapse, a San Francisco-based startup that operates a platform enabling banks and fintech companies to easily develop financial services, has closed a $33 million Series B to develop new products and go after international expansion.

The investment was led Continue reading

Chat app Line injects $182M into its mobile payment business
February 25, 2019

Japanese messaging app company Line is pumping 20 billion JPY ($182 million) into its mobile payment business as it tries to turn things around following a challenging year in 2018.

The company announced the infusion into Line Pay, a subsidiary Continue reading

World economy at risk of another financial crash, says IMF
October 11, 2018

Debt is above 2008 level and failure to reform banking system could trigger crisis

The world economy is at risk of another financial meltdown, following the failure of governments and regulators to push through all the reforms needed to protect Continue reading