Company News

Amount secures $81m Series C investment to help supercharge banks’ digital transformation

Technology provider for financial institutions Amount has added $81m to its coffers in a Series C investment round led by Goldman Sachs Growth.

Avo Insurance teams up with investment manager Two Sigma to boost its InsurTech efforts

Hong Kong-based InsurTech company Avo Insurance has signed a partnership with investment management firm Two Sigma.

Kin Insurance to leverage Cape Analytics software to improve insurance

Home insurance platform Kin Insurance will leverage Cape Analytics’ geospatial property intelligence to improve policies for consumers, as part of a new agreement.

Greater Than unveils new AI-powered car insurance platform

The Swedish InsurTech company Greater Than has launched its new AI-based platform, which caters to all types of cars, auto insurers, fleets, and car manufacturers.

The Monetary Authority of Singapore encourages people to use digital banking services

The Monetary Authority of Singapore (MAS) has urged individuals and businesses to use digital financial services and e-payments to help curb the spread of the coronavirus.

InsurTech startup honcho closes £1.2m round supported by crowdfunding and established investors

UK-based startup honcho has closed another successful round by combining crowdfunding and the backing of established investors such as Insurtech Gateway, Business Durham and the North East Development Capital Fund.

Lloyd’s Lab has picked 12 startups for its InsurTech accelerator programme

Building on its reputation of nurturing successful startups in the InsurTech space, Lloyd’s Lab has now picked the fourth batch for its accelerator programme.

Trading app Dsdaq raises $1.5m in angel investment round

Trading app startup Dsdaq has netted $1.5m in an angel round led by family investment office Efftronics Asia and venture capital firm DraperDragon.

Judopay joins the #KeepBritainMoving initiative to help support UK SMEs during the coronavirus crisis

Mobile-payment scaleup Judopay has become the latest FinTech to announce its efforts to support businesses during the COVID-19 pandemic.

SafetyCulture raises $35.5m in Series C round and pledges to help businesses survive COVID-19

Security and compliance tech company SafetyCulture has secured $35.5m in new funding round led by TDM Growth Partners and offers some of its services for free to help companies through the coronavirus crisis.

News Stories

Siemens reinforces its pioneer status with new €300m blockchain-based digital bond

Siemens reinforces its pioneer status with new €300m blockchain-based digital bond

Siemens AG, a frontrunner in technological innovations, has issued a new digital bond, reinforcing its position as a pioneer in the FinTech sector.
American Binary secures $1m investment from HEST to enhance quantum encryption

American Binary secures $1m investment from HEST to enhance quantum encryption

American Binary, a trailblazer in post-quantum encryption technologies, has recently secured a strategic investment.
Hypernative secures $16m in Series A to enhance Web3 security solutions

Hypernative secures $16m in Series A to enhance Web3 security solutions

Hypernative, a leader in Web3 security solutions, has successfully secured a $16m Series A funding round.
The Investment Association (IA) opens its 8th FinTech accelerator

The Investment Association (IA) opens its 8th FinTech accelerator

The Investment Association (IA) has officially launched the application phase for the eighth iteration of its esteemed Engine Innovator Programme, a pivotal accelerator designed to spur FinTech advancements within the investment management sphere.
Revolut escalates global presence with new BillPay for businesses, revenues hit $500m

Revolut escalates global presence with new BillPay for businesses, revenues hit $500m

Revolut Business has announced that its global revenues now exceed $500m (£380m), alongside monthly transaction volumes of £17bn.

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