Company News

Australia court finds Vanguard guilty in greenwashing suit

A federal court in Australia has found Vanguard Investments Australia guilty of greenwashing in relation to its ESG fund,
Athene

Athene agrees $600m sale of unsecured notes

Athene Holding Ltd., a prominent financial services company specialising in retirement services, has recently disclosed its agreement to sell $600m of 5.875% senior unsecured...

Finexio secures $23m in new investment round

Payments as a service company Finexio has netted $23m in a round led with a strategic investment from Medalist Partners, an alternative credit manager based in New York.
Buckle

Buckle links with InsureScan

Buckle, an insurance MGA that is targeting rideshare drivers, has teamed with InsureScan in Alabama to underwrite non-standard auto insurance policies.  

Countingup partners with Hokodo to launch invoice insurance

Countingup, a small business banking and accounting app, has partnered with Hokodo to launch insurance for unpaid invoices.
Scayl

Debt financing platform Scayl secures €100m funding

Scayl, a pioneering debt financing platform, has successfully secured €100m in funding to empower European FinTech lenders.
Otto

OTTO Payments adopts Hawk AI’s AML tech for enhanced security

Hawk AI, a surveillance technology provider for banks, payment firms, and FinTechs, has announced a new collaboration with OTTO Payments.

Humn.ai launches new product Rideshur

InsurTech Humn.ai has unveiled a new product named Rideshur that uses real-time data to generate premiums.
FTC

FTC hits Credit Karma with $3m fine

The Federal Trade Commission (FTC) has fined Credit Karma $3m for ‘tricking’ Americans with supposedly false ‘pre-approved’ credit offers.  

BlockClaim raises £500,000 in Seed round

Artificial intelligence and blockchain-supported InsurTech BlockClaim has raised £500,000 in its seed funding round. Amadeus Capital Partners and Pragmatica, alongside insurance business angels Toby Clarke,...

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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