Similar Posts
Upright Unveils Innovative Database for Enhanced CSRD Double Materiality Assessments
Upright, a leading impact data company, has launched a comprehensive database designed to improve sustainability practices for over 50,000 companies globally. This initiative enhances data-driven environmental and social governance (ESG) solutions, addressing challenges in double materiality assessments required by the EU’s Corporate Sustainability Reporting Directive (CSRD). The database integrates data from over 300 million scientific articles and public databases, enabling accurate sustainability insights. Businesses can benchmark their impacts, identify risks, and ensure compliance with CSRD regulations. Upright’s CEO, Annu Nieminen, highlighted the database’s potential to provide structured, comparable data amidst evolving sustainability reporting requirements.
Unlocking Open Banking: Enable Banking and Qred Join Forces to Empower Entrepreneurs
Enable Banking has partnered with Qred Bank to enhance financial services using innovative open banking technologies. Founded in 2015, Qred Bank offers flexible business loans to over 50,000 businesses across Europe and Brazil, allowing for early repayment. Enable Banking provides a PSD2-compliant API connecting to over 2,500 European banks, facilitating secure financial data access and account-to-account payments. This collaboration integrates Enable Banking’s infrastructure with Qred’s risk assessment tools, improving credit approval processes and customer experiences. Both companies emphasize the partnership’s potential to support entrepreneurs and foster growth in small businesses across Europe.
2025 Key Fee Adjustments for Fund Marketers: Essential Insights for Europe
As the New Year approaches, fund managers must prepare for significant regulatory updates and fee changes influencing cross-border fund registrations in 2025. Key updates include Croatia’s periodic fee for marketing EEA UCITS set at EUR 1,500, and Czechia eliminating fees for foreign UCITS and EEA AIFs. Finland will charge no registration fees for UCITS, while annual fees for AIFs will increase. Guernsey adjusts its application fee to GBP 1,470, and Jersey introduces a GBP 686 fee for prospectus circulation. Malta and Sweden also adjust fees for AIF marketing. Staying informed is crucial for effective financial planning and operational efficiency.
Ridhi Chaudhary Joins bolttech’s Board to Propel Global InsurTech Growth
Bolttech, a leading InsurTech firm, has appointed Ridhi Chaudhary as a non-executive director following a successful Series C funding round led by the Dragon Fund. Operating in over 35 markets, bolttech connects insurers, distributors, and customers through innovative digital solutions. Chaudhary, with over a decade of experience in private equity and technology investments across sectors like FinTech and healthtech, will provide strategic insights to enhance bolttech’s platform and global expansion. CEO Rob Schimek expressed enthusiasm for her appointment, emphasizing her expertise’s value in the company’s growth journey. Chaudhary looks forward to contributing to bolttech’s innovation in insurance.
Outdoorsy Group’s Roamly Expands into Canada: Strategic Acquisition of Canadian Access Boosts Outdoor Adventures
The Outdoorsy Group is expanding its InsurTech platform, Roamly, into Canada, marking a significant milestone in its international growth strategy. This expansion includes the acquisition of Canadian Access and opening a new headquarters in Toronto. Rich Sanders has been appointed president of Roamly, highlighting the importance of this venture. Roamly has partnered with Aviva to enhance insurance operations through technology. Its innovative platform offers streamlined underwriting, AI-powered pricing, and efficient policy management. With the Canadian insurance market expected to grow from CAD$82 billion to CAD$143 billion by 2029, Roamly aims to revolutionize the industry and develop tailored insurance products.