Company News

Kinsu to close down InsurTech app

Kinsu – an InsurTech for gadgets, bikes, and home content coverage – has announced that it is closing down its mobile app. The start-up has...

IDB Bank picks NICE Actimize to bolster AML processes

Autonomous financial crime management company NICE Actimize has been selected by Israel Discount Bank of New York (IDB Bank) to aid its AML processes.

BriteCo raises $2m seed round to cover jewelry and luxury watch market

BriteCo – an InsurTech for the jewellery and luxury watch market – has raised $2m through its seed round. The company has secured investments from Trunk Club founder Brian...

MercadoLibre raises $2bn amid share offering, Paypal, Dragoneer invests

Latin American e-commerce platform MercadoLibre has raised $2bn from a public share offering and direct investments from PayTech giant PayPal among others. The company offered around $1.15bn of...

Nationwide, Slice Labs partner to offer insurance for ride-share drivers

Nationwide has partnered with on-demand insurance startup Slice Labs to create an on-demand insurance solution for drivers working for a transportation network companies (TNC).

Cybersecurity-focused C5 Capital leads $17m Series B for Blue Cedar

Mobile app security start-up Blue Cedar has raised $17m in a Series B funding round led by C5 Capital, as the VC continues its...

Chaucer partners with Concirrus to shake-up marine insurance space

Insurance major Chaucer has partnered with marine insurtech Concirrus to drive technological developments in the market. Through the partnership, Chaucer will be deploy Concirrus’ Quest...

Passbase raises $600,000 in pre-seed round

Self-sovereign identity platform Passbase has raised $600,000 in its pre-seed funding round ahead of its full launch later this year. The round was led by a group...

Sbanken picks Nets account service to handle PDS2 changes

Norwegian bank Sbanken has selected Nets' access to account services to provide its customers with access to all their bank accounts through one platform. In response to the Payment Services...

Nixu picks up cyber business of Vesper Group

Nixu has acquired the cybersecurity business unit of Swedish competitor Vesper Group in a €1.6m deal. The investment represents the fourth acquisition of a Swedish company by Nixu since it entered...

News Stories

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.
Bilt Rewards clinches $150m in fresh funding to enhance loyalty programs

Bilt Rewards clinches $150m in fresh funding to enhance loyalty programs

Bilt Rewards , the largest loyalty program in the U.S. for home and neighborhood, has successfully secured an additional $150m in funding.
BNP Paribas is in exclusive negotiations to acquire 100% of AXA Investment Managers, AXA's asset management arm, for €5.1bn.

BNP Paribas in negotiations to acquire AXA Investment Managers for €5.1bn

BNP Paribas is in exclusive negotiations to acquire 100% of AXA Investment Managers, AXA's asset management arm, for €5.1bn. This strategic move is set to...

AI-driven financial advisor PortfolioPilot.com secures $2m

PortfolioPilot.com, a groundbreaking AI-driven financial advisory platform, has successfully closed a $2m seed funding round. This capital boost was supported by Morado Ventures, NEA Angel...
Orion180, a leading insurance innovator, is extending its homeowner's insurance services into Ohio, as it looks to enhance its geographic footprint and offer specialised coverage across the United States.

Orion180 expands insurance coverage into Ohio amid national expansion

Orion180, a leading insurance innovator, is extending its homeowner's insurance services into Ohio, as it looks to enhance its geographic footprint and offer specialised coverage across the United States.

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution