Funding Rounds

Currenxie nets $10m in Series A to support product expansion

Currenxie, a cross-border payments and business accounts platform, has collected $10m in its Series A round.

PayTech Swapi reels in £860k pre-seed to expand team

UK e-wallet platform Swapi had raised £860,000 from a pre-seed funding round that included Trampoline Ventures.

Applica closes its Series A round which was led by Cogito Capital

Applica, an enterprise software company, has closed its Series A funding round which was led by Cogito Capital Partners.

Digital financing startup Drip Capital bags $40m warehouse credit line to facilitate trade finance

Sequoia-backed FinTech firm Drip Capital secured a $40m warehouse credit line from California-based East-West Bank to expand its trade finance solutions to small businesses.

Managed intelligence company Nisos closes Series B

Managed intelligence company Nisos has scored $15m in its Series B funding round, which was led by global cyber investment firm Paladin Capital Group.

Paysend seeks global expansion following $125m Series B

UK card transfer business Paysend has closed a $125m Series B funding round led by venture capital firm One Peak.

JumpCloud closes $50m investment to increase team by 200

Identity management company JumpCloud has closed a funding round on $50m to grow its team by 200 people. General Atlantic, a global growth equity firm,...

FinCompare extends its Series A round

Berlin-based FinCompare has closed a Series A extension round, bagging a further €12m.

MAJORITY boosts banking for migrants with Series A close

MAJORITY, a mobile banking app aimed at migrants to the US, has reportedly raised $27m in its Series A funding round.
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FinanzRitter closes ‘significant’ seed round from Reech

Germany-based InsurTech platform FinanzRitter has closed a ‘significant’ seed round from Reech Corporations Group.

News Stories

CUBE

CUBE bolsters reach with Thomson Reuters Regulatory Intelligence acquisition

CUBE, a leading provider of ARI and RCM, has acquired Thomson Reuters Regulatory Intelligence and Oden products and businesses.
Assurant has announced the launch of a new solution designed to address the growing need for specialised tech support solutions tailored for residents in multifamily housing complexes.

Assurant launches insurance tech support product

Assurant has announced the launch of a new solution designed to address the growing need for specialised tech support solutions tailored for residents in multifamily housing complexes.
Workiva

Workiva and ERM unite to drive sustainable business practices

ERM, the largest global specialist sustainability consultancy, has recently announced a strategic partnership with Workiva.
Basel

Basel Committee highlights rising risks from finance digitalisation in new report

The Basel Committee on Banking Supervision has released a comprehensive report analysing the impact of ongoing digitalisation on the finance sector, particularly focusing on banks and supervision.
InsurTech leader Kalepa is set to leverage its award-winning Copilot underwriting platform to enhance risk analysis, critical submission management capabilities, and document ingestion for Munich Re Specialty – North America.

Munich Re Specialty – North America to deploy Kalepa’s Copilot underwriting platform

InsurTech leader Kalepa is set to leverage its award-winning Copilot underwriting platform to enhance risk analysis, critical submission management capabilities, and document ingestion for Munich Re Specialty – North America.

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