Company News

InsurTech solution developer Insurity acquires Virtual MGA

Cloud-based core system Insurity has acquired Texas-based Virtual MGA, an authority underwriting and distribution solution.

Majority of French young people don’t think traditional banking is up to snuff

New research from FinTech Moka and OpinionWay has revealed that 65% of the French people between the ages of 18 and 35 are unhappy with old school banks' services.

Miss these 27 funding rounds at your own peril

From stocktrading to teenage finances, last week's funding rounds provide plenty of things to consider for the future of the industry.

The value of bitcoin used on the darknet jumped by 65% in Q1 2020

Darknet users have increased the value of their bitcoin transactions, according to new research from Bitfury, the emerging technologies company.

Brazil-based FitBank has reportedly been acquired by JP Morgan

Brazil-based FitBank, which provides financial services solutions for companies, has reportedly been acquired by JP Morgan, for an undisclosed amount.

OCBC introduce new solution to make it easier for users to access their accounts

OCBC has integrated Singapore's National Digital Identity (NDI) platform in to its services.

Moneybox raises £30m in Series C funding round and launches crowdfunding campaign

UK-based FinTech Moneybox has bagged £30m in a Series C funding round led by Eight Roads and CNP. Breega also participated in the raise.

FinTech Sezzle raises $55m in post-IPO round

Australian payment instalments company Sezzle has reportedly secured $55m in a funding round from new and existing CHESS Depositary Holders (CDI).

Finnu bags $800,000 to launch its personal credit solution in Latin America

Fintech Finnu has secured $800,000 investment to give loans for phones to customers in Latin America.

CYR3CON secures $8.2m in new investment

Cybersecurity company CYR3CON has closed an $8.2m investment round led by Pivotal Group, with participation by Trumpf Ventures, 3Lines Venture Capital, DF Enterprises, Hike Ventures and other investors.

News Stories

Solid week for FinTech deals with 28 recorded

A total of $459m was raised across all the FinTech deals that were recorded this week by FinTech Global.  Leading the way of all the...
Paystand spearheads zero-fee B2B payments network expansion into Canada

Paystand spearheads zero-fee B2B payments network expansion into Canada

Paystand, renowned for its blockchain-enabled B2B payments, is extending its zero-fee network to Canada, enhancing the scope of its services beyond the initial limited offering since 2018.
Hex Trust joins forces with Grass to revolutionize AI data collection

Hex Trust joins forces with Grass to revolutionize AI data collection

Hex Trust, a prominent digital asset solution provider catering to institutional finance and the Web3 ecosystem, has announced a strategic partnership with Grass.
Avaloq and Zürcher Kantonalbank launch innovative digital asset service

Avaloq and Zürcher Kantonalbank launch innovative digital asset service

Avaloq has introduced its cutting-edge digital asset platform at Zürcher Kantonalbank (ZKB), one of Switzerland's premier banking institutions, in collaboration with Fireblocks.
Barq and Mastercard collaborate to transform payment technology in Saudi Arabia

Barq and Mastercard collaborate to transform payment technology in Saudi Arabia

Barq, a pioneering FinTech startup from Saudi Arabia, has joined forces with the global financial services giant, Mastercard.

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution