Company News

ClearScore eyes team, product suite expansion following $200m investment

Personal finance and credit scoring platform ClearScore has secured a $200m investment from investment firm Invus Opportunities.

SmartAsset enters unicorn club with plans to boost its marketplace for financial advisors

FinTech platform that helps individuals connect with financial advisors SmartAsset secured a $110m investment in a Series D round led by TTV Capital that takes SmartAsset’s valuation to more than $1bn.

Zander Insurance teams up with EZLynx to improve personal lines quoting

Zander Insurance has implemented EZLynx Quoting Automation Service (QAS) to streamline its personal lines quoting process.

Now Insurance partners with Hiscox to provide medical malpractice insurance policies

Now Insurance will provide its medical malpractice insurance policies to small business insurer Hiscox as part of a new deal.

CMA warns Monzo and NatWest over banking transaction history breaches

The UK's competition watchdog Competition and Markets Authority (CMA) has issued a warning to Monzo, NatWest Group, Virgin Money and Bank of Ireland after they breached a rule requiring them to send banking transaction histories to former account holders.

BIS, Bank of England unveil new BIS Innovation Hub in London

The Bank for International Settlements (BIS) and the Bank of England (BofE) have collaborated to launch the new BIS Innovation Hub Centre in London.

RV rental marketplace Outdoorsy banks $120m to boost expansion of its InsurTech arm Roamly

Global online RV rental and outdoor travel marketplace, Outdoorsy, raised $120m in equity and debt financing to drive its growth and expansion of its InsurTech business, Roamly.

InsurTech Redkik reels in fresh investment to transform marine cargo insurance

Global InsurTech with a mission to simplify the marine cargo insurance industry Redkik closed an investment round led by business angel Ilari Schouwvlieger, along with North Karelia Growth Fund managed by venture capital firm Redstone, and StartUp Fund Joensuu.

More depth needed to protect against cyberattacks, US Attorney General claims

US Attorney General Merrick Garland has said the country’s private industry needs to enact better safeguards to avoid consequences in the event of a cyberattack.

Mortgage lending startup Accept.inc inks $90m in debt and equity

Mortgage startup Accept.inc raised $90m in debt and equity led by venture capitalist firm Signal Fire as well as existing seed investors Y Combinator and DN Capital.

News Stories

NGFS

NGFS launches Version 2.0 of data directory to tackle climate finance risk

The NGFS Data Directory, an initiative led by major financial institutions including the BIS Innovation Hub Singapore Centre, the MAS and the Bank of France, aims to fortify the global financial sector against the burgeoning threat of climate change.
Bank of London

Bank of London secures £42m in oversubscribed funding round

Bank of London, a UK-based clearing bank and embedded banking service, has announced a successful £42m funding round.
MSIG Asia, a leading general insurance provider, has announced a new regional collaboration with Serenity Health Partners to transform the health insurance landscape.

MSIG partners with Serenity to reshape health insurance landscape in Asia

MSIG Asia, a leading general insurance provider, has announced a new regional collaboration with Serenity Health Partners to transform the health insurance landscape.
compliance

How new regulations and tech are shaping financial crime compliance

The landscape of financial crime compliance is rapidly transforming. Amidst political upheavals and technological advancements, the cost of compliance has become an integral part...
Thatch, a health benefits startup, has raised $38m in a Series A funding round led by Index Ventures and General Catalyst.

San Francisco-based Thatch raises $38m to revolutionise health insurance benefits

Thatch, a health benefits startup, has raised $38m in a Series A funding round led by Index Ventures and General Catalyst.

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