Company News

Conduit Holdings Ltd, the ultimate parent company of Bermudian-based Conduit Re, has announced the appointment of Stephen Redmond to its board as a non-executive director.

PayPal is set to acquire Japanese buy now, pay later firm Paidy for $2.7bn as the US payments company looks to expand its reach in the Asian country.

As the new year gets underway, there were few funding rounds to report on in the first week of 2023, with a smattering of investments made.

Nominet UK, the official registry for “.uk” domain names, has acquired cybersecurity company CyGlass and launched a new £4m initiative to boost online security.

United Fintech, which enables banks and financial institutions to accelerate their digitalisation efforts, has acquired a 25% stake in London-based FairXchange for an undisclosed...

INZMO, a leading Berlin InsurTech, has launched an AI-powered legal chatbot aimed at helping tenants and landlords in Germany's strained rental market get easy access to tailored legal information and support.

InsurTech firm Five Sigma has reeled in $12m from a Series A funding round led by 83North.

LendInvest, a homeowner mortgage firm, has secured further backing from banking giant Lloyds Bank totalling £300m.

Finance app Plum is bullish about its ability to attract five million people to its services.

Threeflow, which provides software to insurance brokers selling employee benefits, has secured $45m from a Series B funding round.