Company News

FRISS increases global presence through launch of UK office

FRISS, a fraud and risk solution for the P&C insurance industry, has launched an office in the UK to support growth in the country.

Challenger bank Monzo signs partnership with AXA Partners

The UK unicorn Monzo has bagged a new partnership with insurer AXA Partners to offer the digital-only bank’s customer better travel insurance options.

Mambu enters Brazilian market by signing FinTech Acesso as its client

German-based Mambu, the company creating a SaaS banking engine, has signed Acesso, the financial services company, as its first Brazilian client. Acesso specializes in issuing...

Online ID platform Berbix closes seed round on $2.5m

Berbix, an online identity verification platform, has closed a $2.5m seed round to support further partnerships within the market.

OBIE recommends improvements to payment capabilities and refund functionality for Open Banking

The Open Banking Implementation Entity (OBIE) has recommended an improvement to the payments capabilities and refund functionality.

Could Tally’s gold-based currency offer a more stable alternative to the pound after Brexit?

The London-based FinTech startup Tally has launched a new currency where each unit is worth one milligram of physical gold.

MHR Analytics poll reveals almost three-quarters of people are insecure about their data

Business intelligence and analytics company MHR Analytics’ survey has unearthed that 73% of respondents are not confident about their data and numbers on month-end closes and audit submissions.

Mastercard and Citi Ventures join Flybits’ $35m Series C round

Canadian banking personalization portal Flybits has closed a Series C funding round led by Point72, the global venture capital firm.

Waddle eyeing the prospect of partnering up with Australian banks

Cloud-based lending service platform Waddle is in talks with several banks to convince them to use the software.

InsurTech 100 companies go on to raise over $300m

Companies listed in last year InsurTech 100 have gone on to raise over $300m in combined funding since October 2018.Insurance may have been a...

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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