Company News

UK FinTech juggernaut Wise has revealed it seeking the first direct listing of a technology firm on the London Stock Exchange (LSE).

Teen-focused fintech startup FamPay raised $38m in a Series A funding round, led by Elevation Capital and major participation from existing investor Sequoia Capital India.

President Biden used a recent US-Russia bilateral meeting with President Putin to outline 16 infrastructure that should not be victim to cyberattacks in future.

Polish FinTech offering revenue-based financing to e-commerce companies Booste is planning to launch in London after raising €12m (£10m) in a fresh funding round.

Sapiens partners with Long Group Consultants to augment reporting requirements for workers' compensation and property and casualty insurers.

Aussie InsurTech Honey Insurance secured AU$15.5m (about $11.9m) in seed funding, the largest seed round in Australian history for a technology company.

Tractable raised $60m in a late-stage funding round led by investors Insight Partners and Georgian, which values the AI startup at $1bn, making it the first British computer vision-oriented startup to do so, according to the company.

As AI becomes more widely used across industries, insurance is lagging behind. Akur8 believes this could be down to the need for transparency.

With 2021 moving into the halfway mark, TietoEVRY’s Sameer Datye has listed the biggest wealth trends of 2021.

French mobile payments company Lydia has partnered with compatriot FinTech Cashbee to add saving accounts to its platform.