Company News

InsurTech 100 company launches health insurance marketplace for SMEs

InsurTech 100 company Wellthie has released a US-wide online health insurance marketplace for small businesses.
sustainable

Sustainable Sukuk market guidance launched by ICMA, IsDB, and LSEG

Leaders in sustainable finance have recently jointly published new guidance on the issuance of sustainable sukuk.
FinTech

Quiet week for FinTech with only 17 deals recorded

The FinTech sector has recorded its second uneventful week in a row after FinTech Global recorded only 17 funding rounds in the industry.

Atlantis is launching a neobank in India called Neo-Bank

Singapore-based FinTech Atlantis is launching a challenger bank in India in order to tap into the global $15.7bn millennial banking industry.

Mercury launches UBI app

Mercury Insurance has launched a usage-based insurance app, MercuryGO, that it said could save customers up to 40% or more on auto insurance.

Starling Bank raises £75m amid European expansion plans

London-based FinTech Staling Bank has raised £60m in a Series C funding round as well as additional $15m investment from an existing backer. Merian Global...
Delos Insurance Solutions has partnered with certain underwriters at Lloyd's of London to offer wildfire insurance to more California policyholders with vacant properties.

Delos Insurance and Lloyd’s of London to expand vacant home insurance in California

Delos Insurance Solutions has partnered with certain underwriters at Lloyd's of London to offer wildfire insurance to more California policyholders with vacant properties.
ChatGPT

European national privacy body forms ChatGPT taskforce

The European Data Protection Board (EDPB) has formed a ChatGPT taskforce to establish privacy guidelines on the AI platform.

Insurity aims to improve its predictive analytics claim solutions with ODG by MCG partnership

Hot on the heels of its acquisition of Virtual MGA in July, Insurity has inked a partnership with ODG by MCG.

How Lami is democratising insurance in Africa

Kenyan InsurTech Lami has acquired Bluewave Insurance Agency, an InsurTech startup that leverages mobile technology to reach the underserved population, tapping into Africa’s insurance gap.

News Stories

US takes the gold for FinTech deals this week - Here are this week's 36 deals

US takes the gold for FinTech deals this week – Here are this week’s...

It was a strong week for US-based FinTech companies, with 17 securing fresh capital this week.  Aside from the US dominating the week for deals,...
Deutsche Bank and BASF initiate pioneering ESG finance programme in Asia

Deutsche Bank and BASF initiate pioneering ESG finance programme in Asia

Deutsche Bank has unveiled BASF’s inaugural sustainability-linked payables finance programme in Asia, concentrating on its operations in China.
PureFacts secures major investment from GrowthCurve

PureFacts secures major investment from GrowthCurve

PureFacts Financial Solutions, a renowned provider of revenue management solutions tailored for the investment sector, recently announced a significant development.
Tuum and ComplyAdvantage join forces to enhance compliance and operational efficiency

Tuum and ComplyAdvantage join forces to enhance compliance and operational efficiency

Tuum is a next-generation core banking platform, has partnered with ComplyAdvantage, a financial crime intelligence platform that offers AI-driven risk data and fraud detection technology to a global client base.
Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with AI

Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with AI

Wisedocs, an innovative leader in the InsurTech sector, recently received a significant financial boost. CIBC Innovation Banking has extended $4.5m CAD in growth capital financing.

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