Funding Rounds

Digital life insurer Afficiency secures Series A

Afficiency, an InsurTech aiming to transform the end-to-end life insurance buying process, has raised $7m in Series A funding.

VISO Trust rakes in $11m Series A financing

VISO Trust, a provider of third-party cyber risk management solutions, has snared $11m in Series A funding.

Scarlett Johansson, Chris Evans among celebs to back 1Password

Canadian cybersecurity unicorn 1Password has extended its valuation to $6.8bn after it closed a star-studded Series C round on $620m.

Spain’s fastest growing FinTech ID Finance reaches crowdfunding target

ID Finance, which claims to be the fastest growing FinTech in Spain and Mexico, has reached the ?1m target for its crowdfunding campaign on Crowdcube.

Auto InsurTech Loop inks $21m financing to expand into new US states

Auto insurance company Loop has raised $21m in a Series A funding round co-led by Founder Group and 01A.

EmergeVest backs world’s first neobank targeted at women entrepreneurs

Hong Kong-based private equity firm EmergeVest has invested into Lucy, the world’s first neobank aimed at women entrepreneurs.

Axle scores $10m Series A to support freight and logistics companies digitise financial operations

All-in-one financial platform for freight and logistics companies Axle closed its Series A round on $10m.

Ethic bags $29m in its funding round to support its growth

Ethic, a tech-driven asset management platform, has closed its Series B round on $29m to support its continued expansion.

Connected accounting cloud platform Lockstep nets $10m in Series A funding

Connected accounting cloud platform Lockstep has scored $10m in its Series A round, which was led by Point72 Ventures.

Navisteps bags $1m in its pre-seed funding round

Navisteps, an expense and travel management platform, has bagged $1m in its pre-seed funding round to support growth into new markets in Asia.

News Stories

How the world's top banks and insurers are adopting GenAI tools

How the world’s top banks and insurers are adopting GenAI tools

In recent years, the integration of generative artificial intelligence (GenAI) tools within the financial sector has seen remarkable growth. A study conducted by ORX, a leading operational risk association, reveals that 75% of the world’s major banks and insurers are now utilizing external GenAI applications in their operations.
UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

PeppercornAI, an InsurTech specialising in conversational artificial intelligence, has successfully raised £3.25m.
Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation, a pioneer in Corporate Digital Identity (CDI), has recently announced the appointment of Stuart Barnard as its first Chief Financial Officer (CFO).
Unlocking the power of KYC Portal CLM in modern due diligence

Unlocking the power of KYC Portal CLM in modern due diligence

In the complex world of finance, due diligence is essential for protecting a company’s reputation and financial well-being. As customer demands for convenience increase and regulatory scrutiny intensifies, finding a balance is more important than ever. The solution lies in an innovative tool—KYC Portal Customer Lifecycle Management (CLM). The RegTech company recently compiled a guide on its role in enhancing due diligence processes.
Apax Digital Funds backs IANS Research with new investment to boost InfoSec services

Apax Digital Funds backs IANS Research with new investment to boost InfoSec services

IANS Research, a leading provider of independent research and advisory services for the information security industry, has just secured a significant investment from Apax Digital Fund II. 

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