Company News

Five Sigma snares $12m Series A to speed-up growth and expansion plans

InsurTech firm Five Sigma has reeled in $12m from a Series A funding round led by 83North.

dacadoo teams with Foresters to launch new wellness platform

InsurTech software developer dacadoo has helped Foresters Financial design and launch a new service aimed at rewarding people for healthy lifestyles.

57% of big corporates experienced significant impact from illicit activity in 2020

Big corporates around the world are still impacted by heavy illicit activity, with over half of respondents in a new survey stating a significant impact during 2020.

Tenable set to acquire security firm Accurics for $160m

Cyber exposure firm Tenable is planning to purchase cloud-native security company Accurics for a total fee of $160m.

Papaya Global snares $250m in Insight Partners-led Series D

Workforce management platform Papaya Global has raised $250m from a Series D funding round led by Insight Partners and Tiger Global.

China unveils wealth management scheme to strengthen Hong Kong, Macau ties

China has introduced Wealth Management Connect, a scheme that is looking to better connect its southern Guangdong province with neighbours Hong Kong and Macau.

B2B payments firm Springque rakes in $1.7m

PayTech firm Springque has raised $1.7m from a funding round as it aims towards processing $100m in payment transactions next year.

pingNpay eyes 2022 launch for global retail micropayments network

pingNpay, a global micropayment network supported by blockchain technology, has revealed it intends to make its network operational by 2022.

Mastercard enters agreement to buy crypto intelligence firm CipherTrace

Mastercard has agreed to acquire cryptocurrency intelligence and blockchain analytics firm CipherTrace for an undisclosed fee.

Vouch inks $90m in funding and expands insurance footprint

Business insurance firm Vouch has raised $90m in new funding as well as bolstering its reach in the InsurTech market.

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