Company News

Berlin-based neobank Penta has past the significant 10,000 business customers milestone.

Crypto broker Voyager Digital has filed for bankruptcy, with the company citing market volatility and the recent collapse of Three Arrows Digital as key drivers.

London-based InsurTech Zego has launched two new flexible insurance products aimed at moped and e-bike fleets in the UK.

TodayPay Inc. has officially launched from stealth at the Money 20/20 event in Las Vegas, introducing a pioneering payment technology solution that promises to transform the way merchants handle refunds.

HSBC has beefed up its financial crime detection system by deploying Quantexa’s contextual big data solutions.

K2 Parametric Insurance Services, a subsidiary of K2 Insurance Services, has partnered with Homesite Underwriting Managers to offer parametric natural catastrophe policies in the US.

UK challenger Atom Bank has established a £40m fund raise at 60p-a-share, which is just under half the price it raised equity in in 2019.

The Consumer Financial Protection Bureau (CFPB) recently disclosed its report to Congress on the consumer credit card market for 2022.

Grover, the technology rentals platform, has raised a €11m (£9.77m) funding round led by Augmentum Fintech, the London-based FinTech venture capital firm.

Capchase, a New York-based provider of non-dilutive capital, has raised more than $400m in additional debt financing, and launched an analytics tools to help software-as-a-service (SaaS) founders make real-time financial decisions for their business.