Global FinTech funding round activity stayed relatively stable this week, matching similar levels to last week.  A total of $570m was raised across 26 deals, while last week saw $544m raised through 22 deals.  One deal accounted for over a third of the total capital raised by FinTechs this week. This major investment was secured by Argentina-based neobank Ualá, which secured...

Global investment in InsurTech firms surpassed $1bn in February, as investors swooned over artificial intelligence-driven platforms. The total was heavily influenced by a major capital raise from Howden Group. Excluding the broker’s $703m debt issuance, venture-backed InsurTech firms raised roughly $376m across 11 deals, broadly in line with January’s activity and reinforcing the sector’s steady recovery. Howden's mammoth capital injection is...

The connection between health and financial wellbeing might not be obvious, but they are deeply intertwined. FinTech Global recently sat down with Thomas Dijohn, senior vice president, Asia-Pacific at dacadoo, to explore how health and wellness empowers banks to provide their customers with better products. Despite skepticism, Dijohn noted there is a logical connection between health and finance. A person that...

Cylake, a cybersecurity company focused on AI-native and data-driven protection for highly regulated organisations, has officially emerged from stealth with $45m. The company has raised $45m in a seed funding round led by Greylock Partners, with participation from additional technology investors. The investment marks the company’s first external funding since its formation and reflects growing interest in cybersecurity solutions designed...

Finastra has introduced a new AI-powered solution designed to help financial institutions manage payment operations more efficiently. The company announced the launch of OperatorAssist, a tool that integrates with its payment hub user interface to support banks in handling payment exceptions, reducing operational errors and lowering the cost of processing payments. The new product has been developed to address persistent...

The great wealth transfer is no longer a future concern — it is happening now. Trillions of dollars are expected to move between generations over the next two decades as Baby Boomers and the Silent Generation pass assets to Gen X, Millennials and Gen Z. Yet according to Kidbrooke, one of the most significant risks to future assets under management...

SpareBank 1, Norway's leading mobile banking provider, and Tieto Banktech, a specialist banking technology firm, have announced a multi-year partnership aimed at transforming the digital mortgage experience for retail customers. The two companies will collaborate to develop a new, data-driven mortgage solution that promises faster decisions, simplified processes and more personalised advice across the entire home-buying journey. The first version of...

Cyber risk intelligence company KYND has appointed Aaron Aanenson as Head of Insurance, North America, strengthening its US leadership team as demand grows for deeper SME cyber risk insight. The appointment supports KYND’s expansion across the US insurance market, where the company works with insurers and brokers to improve cyber risk visibility and underwriting accuracy. In his new role, Aanenson will...

AI is rapidly transforming how organisations operate, influencing everything from automation and customer engagement to complex decision-making and risk analysis. According to Theta Lake, as these technologies become embedded across business functions, the need for strong AI governance has become a central priority for enterprises adopting AI at scale. AI governance refers to the structured system of policies, oversight mechanisms,...

Vor Systems, an AI-enabled transaction platform built for complex renewable energy deals, has raised $3m in pre-seed funding led by Gigascale Capital, with participation from Virta Ventures and a group of notable technology and energy industry figures. The round also drew backing from tech leaders Christopher Payne, Hank Couture, and Badrul Farooqi, alongside energy industry executives Joe Song, Paul Grana,...