Company News

CoverTree, a pioneering InsurTech firm specialising in manufactured home insurance solutions, has announced the completion of a $13m Series A funding round.

CoverTree secures $13m in Series A to reshape home insurance sector

CoverTree, a pioneering InsurTech firm specialising in manufactured home insurance solutions, has announced the completion of a $13m Series A funding round.
InsurTech specialist Optalitix has announced a partnership with Pool Re, the UK's largest terrorism reinsurer, to develop a comprehensive treaty and claims management system.

Broker Insights unveils AI-enabled product to help insurers predict winning businesses

Broker Insights has launched a tool designed to improve efficiency for insurers by predicting the likelihood of winning business opportunities, empowering them to make informed decisions.
Mastercard has commenced processing payments made in China using Mastercard cards issued by local banks.

Mastercard set to revolutionise Chinese payments scene through new service

Mastercard has commenced processing payments made in China using Mastercard cards issued by local banks.
Danske Bank has entered a strategic partnership with United Fintech, marking its position as the third institutional investor to back the firm alongside Citi and BNP Paribas.

Danske Bank joins United Fintech in strategic partnership

Danske Bank has entered a strategic partnership with United Fintech, making it the third institutional investor to back the firm alongside Citi and BNP...
blockchain

How is blockchain transforming the KYC space?

When it comes to dealing with financial crime and the challenges posed by bad actors, having efficient and scalable technology is a huge must...
KYC

The ultimate KYC checklist: Ensuring compliance in FinTech

In today's increasingly complex financial landscape, the importance of Know Your Customer (KYC) compliance cannot be overstated.
Monzo

Monzo secures $190m investment and hits $610m funding milestone

UK-based digital bank Monzo has successfully secured an additional $190m in funding, bringing its total funding to an impressive $610m.

AI-powered Panax raises $15m to reshape cash flow management

Panax, an innovative FinTech, has successfully raised $15 million in its latest funding round. The investment was led by Team8 and TLV Partners.
Innovate

AI investment solutions innovator Stratiphy secures £1m grant

Stratiphy, a technology firm specializing in investment strategy building, has secured a grant of £1 million from Innovate UK for its consortium.
Unum Group, a prominent provider of financial protection benefits, has launched Unum Pet Insurance to round out its financial benefits coverage for employees and their families.

Unum Group unveils new pet insurance offering

Unum Group, a prominent provider of financial protection benefits, has launched Unum Pet Insurance to respond to a growing demand for comprehensive coverage extending beyond traditional employee benefits.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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