Company News

TabaPay, Inc., a leading instant money movement platform, has announced that it has agreed to acquire the assets and affiliates of Synapse Financial Technologies, Inc., marking a pivotal move in its growth trajectory.

TabaPay to acquire the assets of Synapse Financial Technologies

TabaPay, Inc., a leading instant money movement platform, has announced that it has agreed to acquire the assets and affiliates of Synapse Financial Technologies, Inc., marking a pivotal move in its growth trajectory.
Intermap Technologies, a global leader in 3D geospatial products and intelligence solutions, has introduced its Aquarius RMA software and the latest generation of flood risk solutions for the Slovakian market. 

Slovakian insurers to benefit from Intermap’s innovative flood risk solution

Intermap Technologies, a global leader in 3D geospatial products and intelligence solutions, has introduced its Aquarius RMA software and the latest generation of flood risk solutions for the Slovakian market. 
Thousands of Californians are on the brink of losing their home insurance this summer as two major insurers, Tokio Marine and Trans Pacific Insurance, announce their exit from the state.

California homeowners face insurance crisis as Tokio Marine and Trans Pacific exit

Thousands of Californians are on the brink of losing their home insurance this summer as two major insurers, Tokio Marine and Trans Pacific Insurance, announce their exit from the state.
Marsh, the world’s leading insurance broker and risk advisor and business of Marsh McLennan, has appointed Megan McClellan as Southeast Zone Leader, effective today.

Marsh welcomes Megan McClellan into leadership role

Marsh, the world’s leading insurance broker and risk advisor and business of Marsh McLennan, has appointed Megan McClellan as Southeast Zone Leader, effective today.
Basware

Basware launches AP Protect to combat invoice fraud and enhance financial security

Basware, a global leader in accounts payable (AP) automation and invoice processing, has announced the launch of its new product, AP Protect. This AI-powered solution...
https://symfa.com/blog/how-to-develop-dynamic-pricing-software-insurance

How AI-backed dynamic pricing is transforming insurance sales

In a constantly evolving landscape, insurance businesses grapple with macroeconomic trends impacting profitability and sustainability. From shifts in claims costs driven by inflation to the escalating risks posed by climate change, insurers face multifaceted challenges. State Farm and Allstate's retreat from California's home insurance market due to wildfire risks underscores the severity of these challenges.
Lemon

Manchester’s FinTech startup Lemon bags £500k to innovate SMB SaaS management

Manchester-based FinTech, Lemon, which specialises in subscription management for SMBs, has secured £500k in a pre-seed funding round.
Public

Public expands investment frontier with acquisition of Stocktwits’ TradeApp

Public has recently acquired Stocktwits, with the deal aimed at expanding the former's brokerage services. 
VulnCheck

Exploit intelligence firm VulnCheck announces $7.95m seed investment

VulnCheck, the exploit intelligence company, has successfully completed its seed funding round, securing a total of $7.95m.
Unwritten

Unwritten secures $3.5m seed funding to enhance climate risk analytics in FinTech

Unwritten , formerly known as Dovetail Finance, has successfully completed a seed funding round, securing $3.5m.

News Stories

Siemens reinforces its pioneer status with new €300m blockchain-based digital bond

Siemens reinforces its pioneer status with new €300m blockchain-based digital bond

Siemens AG, a frontrunner in technological innovations, has issued a new digital bond, reinforcing its position as a pioneer in the FinTech sector.
American Binary secures $1m investment from HEST to enhance quantum encryption

American Binary secures $1m investment from HEST to enhance quantum encryption

American Binary, a trailblazer in post-quantum encryption technologies, has recently secured a strategic investment.
Hypernative secures $16m in Series A to enhance Web3 security solutions

Hypernative secures $16m in Series A to enhance Web3 security solutions

Hypernative, a leader in Web3 security solutions, has successfully secured a $16m Series A funding round.
The Investment Association (IA) opens its 8th FinTech accelerator

The Investment Association (IA) opens its 8th FinTech accelerator

The Investment Association (IA) has officially launched the application phase for the eighth iteration of its esteemed Engine Innovator Programme, a pivotal accelerator designed to spur FinTech advancements within the investment management sphere.
Revolut escalates global presence with new BillPay for businesses, revenues hit $500m

Revolut escalates global presence with new BillPay for businesses, revenues hit $500m

Revolut Business has announced that its global revenues now exceed $500m (£380m), alongside monthly transaction volumes of £17bn.

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