Company News

Chainproof to insure the future of Web3

With backing from Munich Re, Chainproof, which aims to “insure the future of Web3” has officially launched.

Clausematch survey details accelerated RegTech growth during the pandemic

A survey conducted by regulatory technology business Clausematch has found the RegTech industry has witnessed accelerated growth during the coronavirus pandemic.
Kota

Kota seals €5m funding to revamp employee benefits platform

Kota, an integrated platform aiming to streamline insurance and retirement benefits for contemporary teams, has secured €5m.

Sapiens acquires InsurTech sum.cumo in €28.4m deal

InsurTech provider Sapiens International Corporation has bought a German startup to boost its digital offering and to push further into Germany, Austria and Switzerland.

Cyber risk management platform KYND launches into investment management sector

Cyber risk management technology developer KYND has launched its services into the investment management sector, as cyber risks continue to surge.

Varo Bank taps Quantifind’s AI platform for adverse screening, automated investigations

Varo Bank has selected financial crime investigation firm Quantifind’s Graphyte platform to optimise its adverse media screening and investigations automation performance.
emissions

Gary Gensler confirms investor demand for supply chain emissions reporting

The U.S. SEC's proposal for Scope 3 emissions reporting is backed by investors as it offers essential information to gauge company risk.

Three scams which should have been avoided in 2019

It will be impossible to completely stop scams from happening. While technology and better alertness will help to lower the number of successful incidents, some will inevitably slip through under the radar.

Fraudulent crypto apps have swindled users out of almost $43m, claims FBI

An alert by the FBI has warned that bogus cryptocurrency investment apps have swindled at least 244 victims out of close to $43m.

Klarna rival Payl8r reels in £40m funding after a 334% growth in a year

Manchester-based Payl8r has secured £40m from Conister Bank and plans to become a £1bn FinTech business within five years.

News Stories

Stripe and Lemon Squeezy merge: A new era for seamless digital sales

Stripe and Lemon Squeezy merge: A new era for seamless digital sales

Stripe, a global leader in payment processing, has announced its acquisition of Lemon Squeezy, a platform known for simplifying the sale of digital products. This strategic move is set to enhance Stripe's capabilities and extend its reach in the digital marketplace.
Clearpool Prime debuts on Arbitrum, originates $18m in institutional loans

Clearpool Prime debuts on Arbitrum, originates $18m in institutional loans

Clearpool, a trailblazer in decentralized finance (DeFi) credit protocols, has recently made significant strides by launching on Arbitrum.
Propel Holdings secures upsized $330m credit facility to boost consumer

Propel Holdings secures upsized $330m credit facility to boost consumer

Propel Holdings, known as a trailblazer in the FinTech sector, recently announced a significant expansion to its syndicated credit facility.
Philippines' Hive Health boosts SME health access with $6.5m funding

Philippines’ Hive Health boosts SME health access with $6.5m funding

Hive Health, a pioneering digital health insurer based in the Philippines, has completed a $6.5m Pre-Series A funding round, supported by an impressive consortium of global and local investors.
GeoWealth secures $18m in growth investment with BlackRock leading the charge

GeoWealth secures $18m in growth investment with BlackRock leading the charge

GeoWealth, a Chicago-based turnkey asset management platform (TAMP) and FinTech innovator, has successfully closed a significant funding round.

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