Company News

Apptega

Apptega’s fresh $15m funding set to boost compliance and security offerings

Apptega has successfully raised $15m in a combination of growth equity and third-party debt from Mainsail Partners.
Kayna, an award-winning embedded insurance infrastructure platform, is set to optimise AEGIS London’s online quote and bind platform through a new partnership.

Kayna to optimise AEGIS London’s online quote and bind platform through new partnership

Kayna, an award-winning embedded insurance infrastructure platform, is set to optimise AEGIS London’s online quote and bind platform through a new partnership.
SafeBase

SafeBase secures $33m in Series B to revolutionise security reviews

SafeBase, a firm known for enabling friction-free security reviews, announced today it has successfully secured a $33 million Series B funding round.
Capital on Tap, a leading global FinTech, has successfully launched its second public securitisation facility, London Cards No.2.

Capital on Tap secures £350m in second securitisation to boost SME financing

Capital on Tap, a leading global FinTech, has successfully launched its second public securitisation facility, London Cards No.2.
circular

Managing the challenges of circular ownership for effective risk management

Circular ownership refers to a complex form of corporate structuring where a company holds a significant stake in another company, which in turn has a stake in the original company, creating a loop or circle of ownership.
Arbol, a leader in parametric insurance solutions, has announced the successful closure of a $60m Series B funding round.

Arbol bags $60m in Series B funding to scale parametric insurance offering

Arbol, a leader in parametric insurance solutions, has announced the successful closure of a $60m Series B funding round.
Simplifai, a leading provider of AI-powered solutions, has announced the availability of a new product designed to to streamline the claims processing workflow for insurance companies.

Simplifai launches claims processing solution powered by InsuranceGPT

Simplifai, a leading provider of AI-powered solutions, has announced the availability of a new product designed to to streamline the claims processing workflow for insurance companies.
Ansa, the FinTech infrastructure solution enabling merchants to launch branded customer wallets, has announced that it has secured $14m in a Series A funding round.

Ansa raises $14m Series A funding to redefine merchant transaction solutions

Ansa, the FinTech infrastructure solution enabling merchants to launch branded customer wallets, has announced that it has secured $14m in a Series A funding round.
Cybsafe

Banking sector tops consumer trust for cybersecurity, research finds

Research from CybSafe has unveiled that consumers place the highest trust in the banking industry when it comes to safeguarding sensitive data.
Urban Jungle, a London-based insurance startup, is gearing up to announce a substantial funding round of around $14.4m this week, as reported by Sky News.

Insurance startup Urban Jungle set to announce $14.4m funding raise

Urban Jungle, a London-based insurance startup, is gearing up to announce a substantial funding round of around $14.4m this week, as reported by Sky News.

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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