Company News

Finantix names Tim Wood as its chief financial officer to support international growth

Finantix, a software builder for banking, wealth and insurance industries, has named Tim Wood as its new chief financial officer.

Setoo to provide travel insurance to Im group customers through new partnership

Setoo, a personalised insurance and protection platform, has partnered with Im group to supply its customers with greater travel insurance.

Pivotal merges with KLDiscovery to create new public business valued at $800m

Public investment vehicle Pivotal Acquisition and electronic discovery and information governance company KLDiscovery have agreed to merge.

Docupace and Workplace partner to help improve the selection of insurance cyberseurity tools

Docupace and Workplace by OS33 have established a strategic partnership to combine their solutions and offer insurance firms greater cybersecurity and compliance utensils. Customers of...

The European Commission launches new tool to help member states combat VAT fraud

The European Commission has released its new Transaction Network Analysis (TNA) tool designed to help EU countries crack down on criminals and VAT fraud.

Vertafore acquires VUE to improve distribution management

Digital insurance software provider Vertafore has acquired VUE Software to establish a more powerful insurance distribution management platform.

AkinovA receives regulatory sandbox approval in Bermuda

AkinovA has been given a regulatory sandbox licence by the Bermuda financial services regulator BMA to enable transfer of (re)insurance risks.

National Bank of Bahrain launches open banking services, a first for MENA region

National Bank of Bahrain (NBB) has become the first bank in the MENA region to launch open banking services for its customers.

Softbank taps mammoth Vision Fund for $800m Greensill investment

Softbank has tapped its mammoth Vision Fund to back business financing provider Greensill with $800m. The company, which counts former UK Prime Minister David Cameron...

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.

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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