Fintech
ESG Book appoints John Wise as new Chair as company accelerates global growth
ESG Book, a global leader in sustainability data and technology, today announced the appointment of John Wise as the company’s first Chair of the Board. The move is the latest part of ESG Book’s rapid global expansion as the company responds to fast-growing demand for technology-based sustainability data solutions.
Wise joins from InvestCloud, the world’s leading SaaS-based global wealth platforms provider, which he co-founded and grew into a business with over 550 direct clients and more than $6 trillion in assets on platform in just over 10 years.
Following the company’s $35 million Series B in 2022, ESG Book is transforming the financial industry’s approach to ESG data through the world’s largest sustainability disclosure platform. Wise will lead ESG Book’s board of global investors to help scale the company’s growth in a burgeoning $5 billion market1.
Sustainability-led assets under management are expected to swell to $50 trillion globally by 20252, driven by investor commitments, new worldwide regulation, and real economy changes. However, financial institutions and corporates are increasingly seeking better data to meet ever more complex sustainability requirements.
According to a recent Bloomberg survey3, more than 90% of executives are expecting to meaningfully increase their spending on ESG data over the next year, with the vast majority believing that ESG data investment is required to keep pace with competitors and to develop a competitive advantage.
Through the world’s largest sustainability disclosure platform, ESG Book’s real-time, cloud-native technology directly connects corporates with financial institutions. Built on Google Cloud infrastructure, ESG Book’s platform hosts over 10,000 users globally, and enables companies to disclose ESG data directly to stakeholders in a digitised, secure, and centralised way.
ESG Book serves over 100 institutional clients globally including Bloomberg, BNY Mellon, Citi, Dow Jones, Glass Lewis, JP Morgan, and HSBC.
The company’s data is available on every Bloomberg Terminal worldwide, and is the only third-party ESG data feed accessible to Bloomberg Data License customers.
John Wise, Chair of ESG Book, said: “It’s no secret that financial markets have been crying out for a new and better approach to data in order to meet the phenomenal worldwide demand we now see for sustainability integration. The ESG data industry is growing in scale. However, too many providers are not delivering the solutions that can truly help direct capital towards more sustainable and higher-impact assets.”
“I was impressed at the foresight ESG Book had in investing in technology and resources to do the heavy lifting required to source and process data at scale. By offering raw ESG data, analytics and a complete SaaS through a single platform, ESG Book is uniquely able to address the needs of the buy and sell side, exchanges and platforms together with corporates for climate and sustainability scoring.”
“Having looked extensively at providers across the landscape, I am convinced that ESG Book’s approach, which is grounded in data transparency, and harnesses the latest advances in technology, is a game-changer.”
Dr Daniel Klier, CEO of ESG Book, said: “Having pulled back the curtain on the inefficiencies and redundancies in the ESG data market, we have found that clients are no longer accepting of the status quo. Our vision is to transform finance through sustainability by making ESG data accessible, comparable, and transparent. Through ESG Book’s range of solutions, our customers can access a one-stop shop to support sustainable capital decision-making, with a unique single delivery mechanism and data model across all our products.”
“I am thrilled to welcome John as Chair of ESG Book’s board. Having grown InvestCloud from an idea in a Californian garage to a global platform with over $6 trillion in assets in little over a decade is a measure of his ambition, passion, and vision, and I am excited that ESG Book will benefit from his vast experience as we continue to grow in the years ahead.”
John Wise is a serial entrepreneur with a long history of successful startups. He formerly founded Synergo Technology, the leading UK Agency and Brokerage Foundation; TCA Syntec, the first EAI company in Europe; and Netik (acquired by Bank of New York Mellon in 2002), the securities market leading data warehouse and portal company, responsible for 70 of the world’s largest banks.
As a CEO, Wise has won multiple industry awards including Top 50 CEOs in the USA, and Top 50 CEOs for Women. Wise has created several technology patents as well as several methods and approaches to enhance sales teams. He received a double honors degree in Cybernetics and Computer Science and is a Chartered Software Engineer.
References:
1) UBS, Future Re-imagined, June 2020.
2) Bloomberg Intelligence, January 2022.
3) ESG Data Acquisition & Management Survey 2023 – Bloomberg and Adox Research.
Notes to Editors
Plug and Play, a global accelerator platform and one of the most active early-stage investors globally, has announced a strategic partnership with Gujarat International Finance Tec-City (GIFT City). Through the partnership, Plug and Play will establish and run the International Fintech Innovation Hub (IFIH), GIFT City’s FinTech Incubator and Accelerator, which aims to foster research and innovation in financial technology, reinforcing GIFT City’s role as a premier global fintech hub.
GIFT City’s MD and Group CEO, Mr. Tapan Ray, said, “Our vision at GIFT City is to drive fintech innovation by creating a climate-resilient, inclusive ecosystem that empowers diverse entrepreneurs and builds workforce competitiveness in emerging technologies. With the support of prominent partners in fintech education and incubation, we are committed to nurturing a new generation of talent that will be well-equipped to meet the needs of an evolving global economy.”
Manav Narang, Head of Financial Services for Plug and Play APAC and Program Lead for the GIFT Incubator and Accelerator added, “We are thrilled to bring Plug and Play’s global expertise to GIFT City. Our vision is to create India’s largest industry-wide fintech program – a collaborative platform where banks, payments corporations, venture capital and corporate venture capital firms, accelerators, and ecosystem partners unite. Together, we aim to catalyze transformative fintech solutions and nurture fintech unicorns that will shape the future of finance in India.”
The program will support fintech startups with resources, mentorship, capital, and networking to navigate and excel globally in the dynamic fintech landscape. The first batch of startups will be unveiled in January 2025.
The post Plug and Play and GIFT City Launch “IFIH,” a Global Fintech Incubator and Accelerator appeared first on .
Doo Group’s brokerage brand, Doo Financial is thrilled to announce its expansion into Indonesia by acquiring a reputable Indonesian broker to expand the business. This move brings its global investment services to local investors. Backed by the strength of Doo Group’s extensive international presence, cutting-edge technology, and 10 years of expertise, Doo Financial is well positioned to support investors at every level.
As a brand encompassing investment services offered by various legal entities within the Doo Group, Doo Financial provides a comprehensive range of global brokerage services. This wide range of products empowers investors to pursue their financial goals.
With a diversified portfolio, Doo Financial empowers investors to navigate various market conditions effectively, manage risks, and focus on long-term growth. This entry into the Indonesian market reflects Doo Financial’s commitment to supporting investors with flexible, high-quality investment options tailored to today’s dynamic financial landscape.
Supervision by International Regulatory Institutions to Ensure Top-Tier Safety
As a global leading finance group, Doo Group has licensed entities regulated by top regulatory authorities worldwide, ensuring a secure and reliable trading environment.
Our global credentials include licenses from the U.S. Securities and Exchange Commission (US SEC), the Financial Industry Regulatory Authority (US FINRA) in the U.S., the Financial Conduct Authority (UK FCA) in the UK, the Australian Securities and Investments Commission (ASIC), the Hong Kong Securities and Futures Commission (HK SFC), Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI) in Indonesia. These licenses enable us to provide secure and reliable financial services globally.
Dedication to Shape the Industry with Innovative Solutions
Doo Financial’s expansion into Indonesia brings advanced technology and a global perspective to empower local investors. As an international investment firm committed to secure and seamless trading, Doo Financial offers a diverse range of products and services to help diversify portfolios and open up new opportunities.
This growth elevates opportunities for Indonesian investors by offering seamless access to global markets and advanced trading platforms within a secure and regulated environment. It broadens investment choices and enhances the trading experience, aligning it with international standards and empowering local investors with comprehensive tools and resources for success.
Driven by unwavering commitment, this growth marks a significant milestone in Indonesia’s investment landscape, equipping our clients with the tools to navigate global markets. We remain dedicated to delivering exceptional service, exploring new opportunities, and driving future breakthroughs. With continued support from the FinTech community, we are excited to innovate and shape the future of finance.
Stay updated with the latest insights from Doo Financial. Join our community of empowered investors and let us be your trusted partner!
E-mail: [email protected]
The post Doo Financial Now in Indonesia: Offering Local Investors A Gateway to Global Markets appeared first on .
Fintech is on an accelerated trajectory of investment, collaboration, and innovation. This pulse tracks the most significant developments in the sector, from high-profile investments to global platform expansions. Each update in this briefing serves as a key indicator of where the industry is headed.
1. European Fintechs Face Regulatory Pressures Amid New Investment Surge
The European fintech sector finds itself at a crossroads with increasing scrutiny and rising costs due to stringent regulations. While investments continue to flow into the continent’s financial technology companies, challenges in meeting new compliance requirements, especially around data privacy and cybersecurity, create a complex landscape for scaling. This tension between opportunity and operational limitations might affect European fintechs’ growth strategies.
Source: Financial Times
2. Shopify, Slack Founders Join Peter Thiel in Fintech Investment Push
Tobi Lütke of Shopify and Stewart Butterfield of Slack, along with investor Peter Thiel, have co-invested in a new fintech initiative that aims to bolster small business access to capital. By merging technology with a streamlined funding model, this new initiative targets underserved SMBs, highlighting a broader trend of high-profile tech leaders pivoting to fintech investment. The participation of Lütke and Butterfield signals increased cross-sector collaboration in fintech, bringing expertise from e-commerce and communication technology into the financial arena.
Source: Yahoo Finance
3. Lean Technologies Raises $67.5 Million to Drive Fintech Innovation in the Middle East
Riyadh-based fintech platform Lean Technologies recently secured a $67.5 million Series B investment round, aiming to expand its operations across the Middle East. This funding reflects growing investor interest in emerging markets and the potential of Middle Eastern fintech to bridge regional gaps in financial services access. As Lean Technologies broadens its service offerings, the funding will support further technological integration and scalability across financial ecosystems in the region.
Source: Fintech Global
4. Apollo Global Management Invests in Fintech for Private Offerings Support
Apollo Global Management has taken steps to enhance its services for private offerings by investing in specialized fintech solutions. This development signifies a growing trend among private equity firms to adopt fintech as a core component in their service expansion, particularly for personalized client services. Apollo’s strategy of integrating fintech solutions into private offerings marks a strategic shift toward digitalization within traditional financial sectors.
Source: Bloomberg
5. Juniper Research Names 2025’s Future Leaders in Fintech
Juniper Research has revealed its picks for the top future leaders in fintech for 2025. This list emphasizes innovation in fields such as AI, open banking, and decentralized finance, highlighting startups that exhibit potential for reshaping industry standards. As these up-and-coming firms push the boundaries of traditional finance, they exemplify the rising tide of next-generation financial technology poised to become industry mainstays.
Source: Globe Newswire
Conclusion
The convergence of seasoned tech giants with fintech, new funding rounds for region-specific platforms, and the rise of future industry leaders underscore the momentum of the fintech sector. Each of these stories reflects a broader narrative: fintech is not only diversifying in services but also rapidly integrating into traditional finance and tech, paving the way for a transformative era.
The post Fintech Pulse: Evolving Fintech Investments and Partnerships Signal Industry Transformation appeared first on HIPTHER Alerts.
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