Company News

Generation Investment Management has led a $135m Series E equity funding round for money transfer startup Remitly, as the business takes in a wider tranche of financing.

Tokio Marine Holdings, a multinational insurance holding company, has launched the Tokio Marine Future Fund to support early stage startups across InsurTech, FinTech, mobility, healthcare, cybersecurity, AI/ML, climate risk and sustainability.

Previsico, which offers live flood forecasting for insurance, has joined Lloyds Banking Group’s Launch Innovation Lab, to collaborate on a new service for the bank’s home insurance customers.

Flagright recently detailed how financial industry companies can manage third-party risks in compliance solutions.

Libra, Facebook's new cryptocurrency has reportedly not responded to a request from Switzerland's data privacy regulator.

Executive board member of the European Central Bank Fabio Panetta has claimed global regulators need to quicken efforts to launch a framework to tackle the crypto wild west.

Irish InsurTech Blink has released its new service, which will provide liquidity to small and medium-sized businesses in the immediate aftermath of an insured event, such as a hurricane.

Marqeta, a global modern card issuing platform, has revealed a groundbreaking AI solution for its customers.

The San Francisco and Lagos-based FinTech startup Flutterwave aims to leverage a new partnership with e-commerce giant Alibaba to take a slice of the China-Africa trade. This trade is estimated to be worth $200bn.

A report by ACI Worldwide and the Centre for Economic and Business Research has claimed £1.3bn could be made in cost savings by UK firms through instant payments.