Company News

Monzo secures another £60m investment round

This summer challenger bank Monzo suffered through a £60m down round as the pandemic took its toll. Now it has raised a second raise for the same amount at the same $1.2bn valuation.
OneBefore, an underwriter-led Managing General Agent (MGA), has announced its UK launch.

MGA OneBefore launches to target UK individuals and SMEs

OneBefore, an underwriter-led Managing General Agent (MGA), has announced its UK launch.
Insured Nomads, a leading global provider of health insurance and assistance products for modern companies and travellers, has partnered with Global Nomad Pass to incentivise travellers, remote workers, and digital nomads to shop with local businesses.

Insured Nomads teams up with Global Nomad Pass to offer exclusive discounts for travellers

Insured Nomads, a leading global provider of health insurance and assistance products for modern companies and travellers, has partnered with Global Nomad Pass to incentivise travellers, remote workers, and digital nomads to shop with local businesses.

Bipartisan AML bill is just the right touch

The financial market is still littered with money laundering scandals, and this raises the question if the current regulation is effective.

Capricorn becomes carbon neutral by planting tree for every mortgage completion

Capricorn Financial Consultancy has reached carbon neutral status after partnering with Evertreen, an international tree-planting platform.

Deutsche Bank continues modernisation efforts with Google Cloud deal

Having already announced the deal this summer, Deutsche Bank and Google Cloud have now finalised a strategic, multi-year partnership to accelerate the bank's transition to the cloud and co-innovate new products and services.
FCA

OneMarketData links with UK’s FCA for advanced market surveillance

The UK's FCA has tapped OneMarketData, a market surveillance technology firm, for a significant market surveillance project.

Costa Rica sets benchmark in sustainable finance with new taxonomy

Costa Rica is set to publish its sustainable finance taxonomy on 14 August, a key development in the country's effort to enhance the local sustainable finance market.

KRM22 and Veridate Financial join force in new partnership

KRM22, a provider of risk management technology and software for capital market firms, has partnered up with Veridate Financial, the digital onboarding company.

Cyber ambassador nominee calls for more cyber policy muscle at US State Dept

The nominee to be the first US ambassador for cyberspace and digital policy has called for more cyber policy muscle at the US State Department.

News Stories

Fora Financial boosts liquidity with a record $126.9m asset-backed securitization

Fora Financial boosts liquidity with a record $126.9m asset-backed securitization

Fora Financial, a prominent FinTech company providing financial solutions to small and medium-sized businesses (SMBs), announced today the closure of its third and largest asset-backed securitization (ABS) valued at $126.9m.
Novatus Global bolsters RegTech prowess with $40m investment

Novatus Global bolsters RegTech prowess with $40m investment

Novatus Global, a London-based leader in regulatory technology, has announced a significant growth investment of $40m from Silversmith Capital Partners, a growth equity firm located in Boston.
Ledgebrook's innovative push in InsurTech garners $17m Series B funding

Ledgebrook’s innovative push in InsurTech garners $17m Series B funding

Ledgebrook, the rapidly growing InsurTech firm, has successfully closed a $17m Series B funding round.
Sedgwick strengthens global capabilities with strategic investment from Altas Partners

Sedgwick strengthens global capabilities with strategic investment from Altas Partners

Sedgwick, a global leader in claims management, loss adjusting, and technology-driven solutions, has formed a strategic partnership with Altas Partners, a prominent North American private equity firm.
Nirvana secures $24.2m in Series A to enhance health insurance transparency

Nirvana secures $24.2m in Series A to enhance health insurance transparency

Nirvana, a pioneering health tech company, today announced a significant boost to its mission of bringing transparency to health insurance processes.

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