Allianz UK has unveiled Slick Cover, a digital-first motor insurance brand aimed at giving British drivers greater choice. Slick Cover has been structured as a managing general agent (MGA), a model that lets Allianz build and roll out fresh digital offerings at speed. The venture moved from initial concept to writing its first motor policy in under six months, a...
ANNA Money, the business account and tax admin platform for small firms, has joined forces with Admiral Business to embed insurance directly into its app. The tie-up allows ANNA customers to browse cover options, access information and obtain a quote from Admiral Business without exiting the ANNA app, removing the need for separate portals, additional logins or comparing providers across...
InSoil, a European climate finance firm that channels institutional money into regenerative agriculture, has landed a €120m senior secured credit facility from Pollen Street Capital. The commitment, provided by private capital asset manager Pollen Street, ranks among the biggest private credit deals ever struck for sustainable agriculture lending on the continent. The capital will allow InSoil to grow its loan book...
Taxwire, a sales tax platform and managed service that takes full ownership of a business's indirect tax obligations, has secured $25m in funding to expand its compliance infrastructure. The round was led by Headline, with XYZ, Vinyl, Recall Capital, Nomo Ventures and Analog Ventures also taking part. Hundreds of strategic angel investors joined the raise as well, among them CFOs,...
Addi, a Colombian commerce and financial services platform, has closed an $85m Series D equity round in a deal that represents BTG Pactual's first Growth investment beyond Brazil. The financing was led by Citius, with BTG Pactual's Private Capital division acting as co-lead through its Growth Strategy, which targets high-growth businesses across Latin America. GIC, Monashees and other backers also...
inKind, a restaurant commerce enablement platform helping eateries access customers, capital and technology, has entered a strategic financing partnership with Liberty Mutual Investments (LMI), the investment arm of Liberty Mutual Group. Under the agreement, LMI has supplied over $320m in financing, acting as both a senior and mezzanine lender. The capital is intended to bolster inKind's role as a supportive...
The Citi Foundation, the philanthropic arm of banking giant Citi, has pledged a $5m grant to Prosperity Now to power its newly launched ABC Initiative (Asset-Building for Children), which aims to expand take-up of child savings schemes among lower-income families in the US.
Beneficial ownership has long been one of the most challenging aspects of anti-money laundering, but the task is becoming significantly more complex. Multi-layered corporate structures, cross-border entities, trusts and nominee arrangements can obscure who ultimately owns or controls an organisation, making it increasingly difficult for financial institutions to distinguish legitimate complexity from deliberate concealment. As criminals exploit these structures to...
GuardianPointe Insurance Company, a US property insurer specialising in catastrophe-exposed markets, has turned to ZestyAI's property intelligence platform to sharpen how it assesses and manages risk across its book.
Under the agreement, ZestyAI, a risk and decision intelligence platform for the insurance sector, will supply GuardianPointe with more precise and uniform insight into exposure at the property level. The insurer...
Dawnguard, an AI-native RegTech and cybersecurity platform built around secure-by-design cloud architecture, has secured $3.3m in fresh pre-seed capital as its automation platform reaches general availability and the firm pushes into new markets internationally.
The round was led by existing investor BNVT Capital, with participation from Curiosity VC in the Netherlands and Germany-based eCAPITAL. The latest funding brings Dawnguard's total...
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