Company News

Pen

Pen Underwriting launches new UK division to drive growth

Pen Underwriting has recently announced changes to its divisional structure as it aims to continue its growth.  

CyberCube updates its services to meet changing cybersecurity challenges

CyberCube, an analytics platform for the insurance space, has updated its portfolio manager to meet the evolving shape of cyber risk.

5 key growth strategies for insurance firms in 2022

There are many ways to grow a business, but Cloud Insurance has outlined the five strategies insurance firms can leverage to make the most out of 2022.
cyber

White House unveils 100-day cyber sprint for chemical industry

The chemical sector is set to take up the 100-day cyber sprint proposed by President Biden to sharpen the industry’s focus on the topic.

New automated compliance solution launches in the US

AAAtraq, a new US-based FinTech company offering automated compliance identification management system, has launched its operations.

Ant Financial is considering applying for a digital banking licence in Singapore

Jack Ma’s FinTech company Ant Financial Services Group is looking into making a play for one of the digital banking licences Singapore has put up for grabs.
Tamara

$340m Series C funding elevates Tamara to unicorn status

Tamara, a FinTech platform for shopping, paying, and banking in Saudi Arabia and the GCC region, has bagged $340m in a Series C. 

Tally to improve onboarding through TruNarrative partnership

Tally, a banking app which offers an alternative physical asset currency, has selected TruNarrative’s unified platform for real-time customer onboarding.

Wirecard has become Visa’s preferred payment processor

Hot on the heels of signing a new partnership with Klarna in March, Wirecard has now inked a new deal with Visa to help the payment giant bolster the Visa Fintech Fast Track programme in the Middle East.
SurePrep

Thomson Reuters snaps up tax automation firm SurePrep

Thomson Reuters has signed an agreement to acquire tax automation software provider SurePrep for $500m in cash.

News Stories

Over $3bn raised in this week's 29 FinTech funding rounds

Over $3bn raised in this week’s 29 FinTech funding rounds

Over $3bn was raised by FinTech companies this week, supercharged by a colossal €1.5bn raised by UK-based SumUp. 
Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena, a pioneering FinTech company known for its cloud-native, API-led microservices-based multi-product platforms, has appointed Rajesh Mehta to its Growth Advisory Board.
League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League Data and Mambu have embarked on a groundbreaking journey to transform the Canadian financial landscape by introducing advanced cloud banking solutions to credit unions.
Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint, known as the world's most accurate device intelligence platform, is partnering with Oscilar, a leader in AI-driven risk and fraud management.
Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English, an online English-learning platform operating in over 30 countries, and dLocal, a leading cross-border payment platform specializing in high-growth markets, have recently announced a significant partnership.

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