Company News

Hub takes on Midland Agency for agribusiness insurance

Hub International, a global insurance brokerage and financial services firm, has acquired the assets of Midland Agency Insurance Corporation to enhance its agribusiness insurance capabilities.
fintech-news

Rabobank launched new €60m investment vehicle to back FinTech

Rabobank has launched a new €60m strategic investment vehicle which will back early-stage FinTech and food and Agri companies.
Deeploy

Dutch AI firm Deeploy clinches €2.5m seed round

Deeploy, a company with a mission to make AI explainable, accountable, and trustworthy, has announced an impressive financial boost.

Barclaycard Payments implements Kount to combat fraud

Barclaycard Payments has formed a new deal with fraud prevention company Kount to improve its fight against fraud.
Acturis, a prominent technology provider for the general insurance industry, is set to integrate Covéa Insurance's Home IHP product into its platform.

Covéa Insurance’s Home IHP product launches on Acturis platform to boost broker choices

Acturis, a prominent technology provider for the general insurance industry, is set to integrate Covéa Insurance's Home IHP product into its platform.

Irish privacy watchdog hits Meta with €17m fine

Ireland’s privacy watchdog, the Data Protection Commission, has fined Meta €17m from violating GDPR.
fintech insurtech wealthtech regtech ai cybertech esg news

Online lending platform Yalber bags $20m credit facility

New York-headquartered Yalber has received a $20m credit facility to help increase its funding capabilities.
funding

Quiet week for FinTechs with 23 funding raises recorded

FinTech funding rounds recorded by FinTech Global were down from 34 to 23 this week, with $303m raised in total. 

Codat eyes US expansion after bagging $10m and looks to help banks process coronavirus...

London-based Codat has raised $10m in new funding from Robinhood backer Index Ventures, an investment that it says could benefit banks busy bashing out...
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

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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