Munich Re acquires InsurTech apinity to drive digitalisation
Munich Re has acquired apinity, a start-up that supplies application programming interface (API) solutions in the form of Software as a Service (SaaS) for the insurance industry.
Losses from false declines to reach $443bn by 2021
Losses from false declines is expected to reach $443bn by 2021, according to a new report from anti-fraud company ClearSale.
Ayan Capital drives Islamic finance forward with £2.3m seed raise
Islamic car finance platform Ayan Capital, a London-based fintech startup, has successfully closed a £2.3m debt and equity seed round.
Airwallex extends Series E and rakes in $100m
Global FinTech platform Airwallex has extended its Series E to bring in a further $100m, which has lifted the company’s valuation to $5.5bn.
Lloyd’s Lab has picked 12 startups for its InsurTech accelerator programme
Building on its reputation of nurturing successful startups in the InsurTech space, Lloyd’s Lab has now picked the fourth batch for its accelerator programme.
Deedster raises SEK15m to propel climate action solutions
Deedster, a pioneer in digital climate action tools for financial institutions, has secured a SEK 15m investment round led by Wellstreet.
ChainSafe rakes in $18.75m from Series A
ChainSafe, an R&D firm specializing in blockchain and web3 infrastructure, has bagged $18.75m in a Series A funding round.
23 FinTech investment rounds to make the news over the past seven days
Stripe's whooping $600m Series G expansion wasn't the only investment round completed by a FinTech company over the last week.
Ascend and Mylo partner to modernise the insurance industry with financial automation
Ascend has announced a strategic partnership with Mylo to advance the modernisation of the insurance industry's financial infrastructure.
Wise scores £300m from syndicated debt facility
Wise, an international payments company, has secured £300m from a syndicated debt facility.
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