Stake eyes European expansion following $30m funding round
Australian retail brokerage platform Stake has raised $30m from a new funding round led by Tiger Global.
Temenos strengthens money transfer capabilities with Wise alliance
Swiss banking technology firm Temenos will be able to offer money transfers on its platform following an agreement with FinTech juggernaut Wise.
Joyn Insurance taps Commit USA to develop its underwriting platform
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.
Vise plans to expand product footprint following $65m Series C
US AI-powered investment management platform Vise has raised $65m in a Series C funding round led by Ribbit Capital.
Theta Lake boosts compliance, security coverage with Microsoft Teams certification
Collaboration security and compliance company Theta Lake has received compliance recording certification from Microsoft Teams.
InsurTech Super banks $50m in a Series C round led by Wells Fargo
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.
Deutsche Bank joins forces with PayTech Silverflow to build new payment tech stack
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.
UK government backs AI-based insurance risk management firm Intelligent AI in £1m fundraise
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 benefits of a modern tech stack in the wealth management industry
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.
DarkSide ransomware shuts down on back of US pressure, lost server access
The DarkSide ransomware variant that was responsible for bringing operations at a US pipeline to a standstill last week has allegedly shut down.