Company News

DebtBook

Public sector finance platform DebtBook secures $12.5m in Series A-1

DebtBook, a debt, lease, and subscription management software company based in Charlotte, has closed a significant investment round.

UK retailers miss out on £130m in sales following SCA implementation

Data from Barclaycard Payments has found retailers in the UK have lost out on £130m in sales due to not being compliant with new Strong Customer Authentication (SCA) rules.

Sextortion attacks costing victims over $8bn a year, FBI claims

The FBI has claimed sextortion complaints have seen a ‘massive increase’ since the start of 2021, with the total financial losses accounting for over $8m.

Gig economy FinTech Sonovate taps RegTech company TruNarrative to help strengthen its onboarding processes

Cardiff-based FinTech company Sonovate is on a mission to strengthen its customer onboarding processes. To succeed, it recently turned to TruNarrative, the RegTech company.
Modives has announced a strategic partnership with Bindable aimed at providing a myriad of features designed to enhance property management and support owner-landlords via the Modives business solution.

NEXT Insurance unveils umbrella/excess liability coverage for SMEs

NEXT Insurance, a digital small business insurer, has launched its commercial umbrella/excess liability coverage.

Tractable and Mitchell to roll-out touches claims in North America

InsurTech Tractable has enhanced its collaboration with Mitchell, an Enlyte company and leading technology and information provider for the property and casualty (P&C) insurance and collision repair industries.

Digital wallets to drive £11bn in online spending by 2026

A recent report by payment service provider Emerchantpay has discovered digital wallets will account for £11bn in online consumer spending by 2026.

Why you should avoid relying on others for your financial promotions

Don’t trust your colleagues. That’s the message from the Financial Conduct Authority (FCA) when it comes to financial promotions, according to MirrorWeb.
Moove

Mobility FinTech Moove secures $76m in funding to expand globally

African-founded mobility FinTech Moove has announced a new funding round, securing a total amount of $76m.

FBI warns US agriculture sector of increased ransomware risk

The FBI has alerted food and agriculture businesses to be prepared for potential ransomware attacks during planting and harvest seasons.

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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