Company News

Drip Capital clinches $113m to propel global trade finance innovation

Drip Capital, a prominent digital platform specialising in trade finance, has successfully secured a $113m funding round. The funding includes a $23m equity investment from...

Viva Wallet receives Tencent backing as it bags $80m financing

Greek FinTech Viva Wallet has raised $80m in financing to bolster its loans and instant payment services.
Ushur, FNOL, Customer Experience Automation, Invisible App, Natural Language Processing, insurance 2023, claims process 2023, AI in insurance, machine learning, claim adjusters, digital claims process, customer satisfaction, insurance communication, personalisation in insurance

The future of insurance claims: How automation and AI are enhancing customer experience

Navigating the insurance claim process often comes during challenging times for customers. Following an accident, emergency, or even a natural calamity, individuals typically feel apprehensive and uncertain. This anxiety can be exacerbated if the claim experience further contributes to their distress, whether it's due to the damage to their possessions or physical injuries.

FinTech investor Voyager Capital raises $100m in fifth fund

Voyager Capital, a venture capital firm that has previously invested in Lighter Capital and Chirpify, it has raised $100 million to fuel innovation among first-round tech startups.

Insured Nomads acquires Peanut to boost travel confidence

Insured Nomads, a global health and travel insurance provider, has acquired Peanut, a Google Chrome extension that helps travellers see important information about their destination.
Zurich Insurance Company has announced a host of new leadership appointments within its Asia-Pacific (APAC) commercial insurance division.

Zurich Insurance strengthens APAC leadership team

Zurich Insurance Company has announced a host of new leadership appointments within its Asia-Pacific (APAC) commercial insurance division. Robin Cooper-Driver has been appointed as head...

Visa, Tala partner to bolster crypto adoption in emerging markets

Visa has partnered with Santa Monica-based FinTech startup Tala to offer easier access to cryptocurrencies for people in emerging markets.
Farther

WealthTech firm Farther achieves $131m valuation after bagging $31m

Farther, a progressive wealth management company, recently celebrated the closure of its Series B funding round on $31m.

The Monetary Authority of Singapore has banned four financial professionals after they were found...

Singapore’s authorities have prohibited three insurance agents and one banker from conducting any industry business.

Bricknode sees itself as the SpaceX of the financial industry

Sweden-based Bricknode, a cloud financial services software company, sees itself as the SpaceX of the financial industry.

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.

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