Company News

Seek AI

Seek AI scores $7.5m in pre-seed and seed funding

Seek AI, a company seeking to automate critical processes and workflows so data stakeholders can get data fast, has landed $7.5m in funding. 

bolttech welcomes BRV following landslide Series A

bolttech, an InsurTech with the mission of building the world’s leading technology-enabled ecosystem for protection and insurance, has welcomes BRV Capital Management as a strategic investor.

Zego joins forces with bp to provide drivers with professional insurance as part of...

Zego partnered with energy giant bp to provide drivers with its professional insurance as part of bp’s all-inclusive electric vehicle subscription service trial - bp EV Pro to encourage electrification in the mobility industry amid green push.

Branch Insurance releases new ‘vouch for me’ service

Branch Insurance has launched a new programme to help customers lower the cost of their insurance.
Davos

Universal Digital Payments Network unveiled at Davos

A Universal Digital Payments Network for stablecoins and CBDCs has been launched at the World Economic Forum in Davos.

Howden widens UK insurance footprint with Ross Insurance acquisition

International insurance broker Howden has purchased Ross Insurance Group for an undisclosed fee.

US launches inter-agency task force to tackle ransomware wave

The US government has introduced a new interagency task force aimed at combating the increasing challenge of ransomware on the United States.

Over two-thirds of CEOs to up their cybersecurity budgets despite fear of attack dropping

More than 70% of CEOs globally are planning to increase their cybersecurity budgets in 2020, after online threats rank as the seventh biggest concern for business leaders in new study.
financial

Financial crime trends to watch out for in 2023

With the financial world becoming ever more interconnected with digital and technological innovations, the spectre of financial crime looms potentially larger than ever.

Cloud security remediator Dazz bags $60m funding

US cloud security remediation firm Dazz has secured $60m from a funding raise.

News Stories

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.
MPower Partners fuels Teamshares' expansion into Japan

MPower Partners fuels Teamshares’ expansion into Japan

MPower Partners Fund, Japan's first ESG-focused global venture capital fund, has recently extended its investment portfolio by funding Teamshares, an innovative employee ownership platform targeting small businesses.

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