Company News

Prevailion closes Series A as it looks to expand its team

Prevailion, a platform designed to change how firms approach risk mitigation, has netted $10m in its Series A.

InsurTech startup Joe Flood launches backed by Chubb

The founders of Joe Flood Insurance Brokerage (JFIB) have launched a tech-based flood insurance wholesale brokerage.
Wreathed in Finnish heritage, and inspired by a thirst for innovation and values, M-Files is a market-leader across the software development space. Founded by CEO Antti Nivala, the firm's key tenets of equality, trust and honesty shine through in their work today as they leverage automation and AI to revolutionise the workplace.

How M-Files is bringing Finnish heritage to AI

Wreathed in Finnish heritage, and inspired by a thirst for innovation and values, M-Files is a market-leader across the software development space. Founded by CEO Antti Nivala, the firm's key tenets of equality, trust and honesty shine through in their work today as they leverage automation and AI to revolutionise the workplace.

New reinsurer Conduit seals London’s third biggest IPO this year, value exceeds £826m

Newly-launched reinsurer Conduit Holdings has made a strong start to its time as a listed business after seeing its share value rise above its initial 500 pence offering in its first day of trading.
Collectly

Collectly clinches $29m for healthcare financial engagement innovation

Collectly, a patient financial engagement software for medical groups, has completed a recent Series A raising $29m.

Challenger bank bunq introduces new API marketplace

Dutch independent bank bunq has introduced an API marketplace for developers to demonstrate their apps by using the FinTech company’s open API.

Turn/River Capital to acquire Tufin in $570m all-cash deal

Tufin, a security policy management firm, is set to be acquired by Turn/River Capital for a deal being valued at $570m in cash.
Gradient AI, an independent provider of artificial intelligence (AI) solutions for the insurance industry, has successfully raised $36m.

Gradient AI raises $36m to advance AI solutions in insurance

Gradient AI, an independent provider of artificial intelligence (AI) solutions for the insurance industry, has successfully raised $36m.

How Covid-19 changed banks’ onboarding processes

Many banks had already started to introduce digital onboarding solutions before the coronavirus swept over the world. Following the pandemic, these efforts have gone into overdrive.
financial

Rise in financial management tool demand sees UK banks and FinTechs link

In response to the cost-of-living crisis, financial institutions are boosting their data-driven financial management support.

News Stories

US-based CyberTech companies dominated this week's FinTech funding

US-based CyberTech companies dominated this week’s FinTech funding

it was a strong week for US-based CyberTech companies, accounting for eight of the total 26 FinTech deals covered this week.  In total, FinTech Global...
Realm.Security secures $5m in seed funding to streamline cybersecurity data management

Realm.Security secures $5m in seed funding to streamline cybersecurity data management

Realm.Security, a startup tailored for cybersecurity, has stepped out of stealth mode and announced a $5m seed investment spearheaded by Accomplice and Glasswing Ventures.
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.

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