The Fin Desk Brief
▸Fed Terminates Enforcement Actions Against United Texas Bank and Two Quontic Entities▸Circle Agrees $400M Acquisition of Singapore's Tazapay in Cross-Border Payments Push▸Italy's Biorsaf Raises €5.2M Series A and Acquires Bologna's Cooki in Food RegTech Push▸FCA bans adviser and fines him £742,700 over unauthorised DB pension transfer advice▸Bank of England Delays Key RTGS Standards Release Scheduled for November 2026▸Fed Terminates Enforcement Actions Against United Texas Bank and Two Quontic Entities▸Circle Agrees $400M Acquisition of Singapore's Tazapay in Cross-Border Payments Push▸Italy's Biorsaf Raises €5.2M Series A and Acquires Bologna's Cooki in Food RegTech Push▸FCA bans adviser and fines him £742,700 over unauthorised DB pension transfer advice▸Bank of England Delays Key RTGS Standards Release Scheduled for November 2026
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Fintech

Italy's Biorsaf Raises €5.2M Series A and Acquires Bologna's Cooki in Food RegTech Push
Fintech

Italy's Biorsaf Raises €5.2M Series A and Acquires Bologna's Cooki in Food RegTech Push

Tuscany-based Biorsaf has secured a €5.2 million Series A led by P101 SGR and acquired Bologna platform Cooki, positioning the combined business as Italy's first end-to-end food RegTech operator. The deal targets a domestic food safety and compliance market generating more than €12 billion in annual revenue but with a digitisation rate of approximately 3%.

The Fin Desk Newsroom·51m ago