Company News

Rapyd could be nearing “unicorn territory” after bagging $100m in Series C investment round

Payments company Rapyd has secured a $100m Series C funding round led by Oak HC/FT, the healthcare and FinTech investor.

Funderbeam secures licence to operate in Singapore

Funderbeam, the funding and trading platform, has made a huge step towards entering the Asian market by getting a licence to operate as a financial services company in Singapore.

KR1 hits £4.5m in profits in the first half of 2019 despite bitcoin volatility

KR1, an investment company focusing on the blockchain ecosystem, has announced it made a profit of £4.5m in the first six months of 2019. George...

Augmentum Fintech invests €6m in German rentals platform Grover

Grover, the technology rentals platform, has raised a €11m (£9.77m) funding round led by Augmentum Fintech, the London-based FinTech venture capital firm.

Ontnomio partners with Daimler for new automotive services

Ontnomio, a provider of automotive data services, has partnered with car manufacturer Daimler for the creation of new services.

Revolut’s losses doubled in 2018

UK-based banking app Revolut has revealed that its net losses doubled in 2018 to just under $33m.

Raisin has launched in Ireland

The cross-border deposits marketplace Raisin has launched in Ireland.

Challenger bank Bunq is expanding across the entire EU

The Dutch challenger bank Bunq is not only announcing that it is going to be available across the EU, but also that it will from now on enable Apple Pay and Google Pay support for travel card users in some countries.

FinTech startup Bnext raises $25m from DN Capital, Redalpine and Speedinvest

Spanish Bnext has just completed a $25m funding round to expand its offering to offer more premium banking products.

Most Brits don’t know about the threat imposed by deepfakes

New research has revealed that almost three out of four UK residents have no idea about the threat imposed by deepfake videos.

News Stories

Simplifai, a firm specialising in AI-powered solutions, has been recognised for demonstrating the most strategic impact in the insurance industry. 

Simplifai recognised for strategic impact in the insurance industry

Simplifai, a firm specialising in AI-powered solutions, has been recognised for demonstrating the most strategic impact in the insurance industry. 
LinkedIn

How to harness LinkedIn’s full potential for financial services

LinkedIn has become an essential tool for professionals, especially within the financial services industry. According to Theta Lake, with its impressive networking capabilities, LinkedIn...
Ivans, a leading provider of software solutions for the insurance industry, has announced the expansion of commercial lines supported on its Ivans Distribution Platform.

Ivans introduces comprehensive commercial policy support on Ivans Distribution Platform

Ivans, a leading provider of software solutions for the insurance industry, has announced the expansion of commercial lines supported on its Ivans Distribution Platform.
entity

How entity verification shapes AI deployment in risk management

Moody's has unveiled findings in their recent study, indicating that Entity Verification is crucial for improving AI accuracy in risk and compliance sectors.
scam

June’s spike in impersonation scams costs Singaporeans $10.6m

In June, Singapore witnessed a significant rise in impersonation scams, with fraudsters swindling $10.6m from 63 victims. According to Finextra Research, these sophisticated scams...

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