Company News

Fortunafi, a FinTech company specializing in RWA and stablecoin products, has announced the successful completion of its $9.5m raise.

Cincinnati Re, the reinsurance subsidiary of The Cincinnati Insurance Companies, has added Christopher Toppi to its team.

Data breaches are becoming increasingly costly. In 2021, the cost of a data breach reached $4.24m, up from $3.86m, according to data by IBM.

Swiss FinTech Neon has introduced a sustainable bank account for its customers available through its mobile app.

Could a digital euro be a better alternative to Libra? A leading group of German banks thinks so. The Association of German Banks (Bankenverband) made...

PwC, a global professional services firm, is accelerating its adoption of AI by signing an agreement with OpenAI to make PwC OpenAI’s first reseller for ChatGPT Enterprise and the largest user of the product.

WTW has unveiled Verita CSG, Inc., a Managing General Underwriting (MGU) company that is tailored specifically for customised insurance solutions.

Aveni.ai, a Scottish AI FinTech firm, has raised £2.75m in a funding round headed by The TRICAPITAL Syndicate and Par Equity.

Personal finance app provider Truebill raised $45m in Series D funding giving it a valuation of $500m.

The UK’s top finance watchdog has appointed three new non-executive directors to lead the regulator’s operations for the next three years.