Company News

Insurity to support global cargo market

Insurity, a provider of cloud-based software for insurance carriers, brokers and MGAs, is to launch a solution for property & casualty (P&C) carriers in the global cargo market.

Chubb to acquire Cigna’s life and non-life insurance firms in select APAC markets

P&C insurer Chubb has entered a deal to buy the life and non-life insurance companies of Cigma in seven Asia Pacific markets for a total of $5.75bn.

Thomson Reuters acquires fraud-fighting company Pondera Solutions

Thomson Reuters has beefed up its fraud and abuse capabilities by acquiring Sacramento-based Pondera Solutions, a leading provider of technology and advanced analytics to combat fraud.
Evertas

Evertas bolsters crypto insurance coverage with Bitsure acquisition

Evertas, a digital asset insurance provider, has announced the acquisition of Bitsure, a pioneering insurer for crypto mining operations.
Simplifai, a leading provider of AI-powered solutions in the insurance sector, has secured a significant investment with Idékapital leading the raise.

Simplifai secures significant investment led by Idékapital

Simplifai, a leading provider of AI-powered solutions in the insurance sector, has secured a significant investment with Idékapital leading the raise.

Antimatter breaks out of stealth with $12m Series A

Antimatter, a startup specialising in data security for SaaS applications, has come out of a period of stealth to raise a $12m Series A.

The FCA tells banks to stay open

The UK went on lockdown on Monday March 23. Still, the UK's top financial watchdog is advising that banks remain open.
InsurTech

Global dominance within reach: UK InsurTech value skyrockets to $21bn

The UK's InsurTech sector is displaying great strength in the global market with a substantial enterprise value of around $21bn.

AI-powered Panax raises $15m to reshape cash flow management

Panax, an innovative FinTech, has successfully raised $15 million in its latest funding round. The investment was led by Team8 and TLV Partners.

CyberTech Coro inks $60m in Series C raise

Coro, an all-in-one Cyber protection firm, has secured from $60m a Series C funding round.

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.

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