Company News

E-scooter venture TIER taps InsurTech Zego for UK coverage

InsurTech Zego has inked a deal to provide insurance cover to TIER as the European e-scooter operator gears up to launch in the UK.

Neat adds $4m to its Series A round

Hong Kong-based FinTech Neat has topped up its Series A round with a $4m extension, bringing the total raised in the round to $15m.The...

It’s official: Airbnb is going public

Airbnb has filed to go public confidentially, which makes an initial public offering likely within the next few months.

Four bad headlines Robinhood probably want you to forget

This week saw Robinhood become one of the highest valued FinTechs in the world after it reached an $11.2bn valuation.

Only 25% of FinTech founders are happy with the UK government’s Covid-19 support

Only one in four FinTech founders believe the government has been sufficiently supportive during the pandemic, according to a new report from the Digital Finance Forum (DFF).

AXA brings in Procore to improve project risk management in construction

Project management software developer Procore has teamed up with AXA XL's North America Construction insurance business to help contractors increase productivity and project risk management.

Funding Xchange awarded £5m by BCR

Loan platform Funding Xchange has been awarded £5m by BCR as part of the Pool E allocation of the RBS Remedies fund.

Construction of Akon’s $6bn cryptocurrency-powered Wakanda-inspired city has started

American-Senegalese singer Akon has announced that the construction of Akon City has begun and that it will resemble the fictional country Wakanda from the Marvel movie Black Panther.

American Express acquires small business loans FinTech Kabbage

American Express has acquired small business loan platform Kabbage in a deal that will see the payment giant gobble up the Covid-19 beleaguered FinTech's team, solutions and IP.

Akemona becomes member of FINRA

Digital securities company Akemona has registered with the US Securities and Exchange Commission (SEC) and is now a member of the Financial Industry Regulatory Authority (FINRA).

News Stories

Boosting identity-based security, Elisity raises $37m from Insight Partners

Boosting identity-based security, Elisity raises $37m from Insight Partners

Elisity, a leading pioneer in identity-based microsegmentation, announced a significant financial boost with a $37m Series B funding round led by global software investor...
Blend Labs secures $150m from Haveli Investments to boost financial service innovations

Blend Labs secures $150m from Haveli Investments to boost financial service innovations

Blend Labs, known for its cloud banking services, and Haveli Investments, a technology-focused private equity firm, have announced a strategic partnership marked by a significant $150m investment in Blend by Haveli.
Corelight bags $150m in Series E funding to boost AI security innovations

Corelight bags $150m in Series E funding to boost AI security innovations

Corelight, a prominent player in open network detection and response (NDR) headquartered in San Francisco, recently secured a substantial $150m in Series E funding.
Backflip secures $15m in Series A to redefine real estate FinTech

Backflip secures $15m in Series A to redefine real estate FinTech

Backflip, an all-encompassing real estate and financial technology platform, has closed a $15m Series A funding round, spearheaded by FirstMark Capital, known for their early investment in other category-defining platforms like Airbnb, Shopify, and Pinterest.
Navigating corporate reporting: How CSRD is changing the game

Majority of companies not subject to CSRD still plan to align with its requirements

The majority (81%) of companies not subject to the European Union’s Corporate Sustainability Reporting Directive (CSRD) intend to partially or fully align their sustainability...

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