Company News

Australian retail brokerage platform Stake has raised $30m from a new funding round led by Tiger Global.

Swiss banking technology firm Temenos will be able to offer money transfers on its platform following an agreement with FinTech juggernaut Wise.

InsurTech Joyn Insurance partnered with SaaS-based firm Commit USA to support the development of Joyn’s new platform, which is slated to launch this year.

US AI-powered investment management platform Vise has raised $65m in a Series C funding round led by Ribbit Capital.

Collaboration security and compliance company Theta Lake has received compliance recording certification from Microsoft Teams.

Subscription-based InsurTech for homeowners Super closed a $50m in an oversubscribed Series C round of funding led by financial services company Wells Fargo Strategic Capital.

Banking giant Deutsche Bank teamed up with NL-based Silverflow to launch new payment solutions for corporate banking clients in Germany and PSPs across Europe and the US.

Backed by the UK Govt, Intelligent AI raised close to £1m following its graduation from the Lloyd’s Lab to develop its online Intelligent Risk platform, aimed at commercial property insurers in the UK and US.

The wealth management industry is facing unprecedented change from numerous directions. David Simpson, Head of EMEA at GBST, argues that firms need to adapt to the new world or risk being overtaken by the competition.

The DarkSide ransomware variant that was responsible for bringing operations at a US pipeline to a standstill last week has allegedly shut down.