Company News

Branch banks $50m to tackle the root problem of the insurance sector

Home and auto insurance startup Branch Insurance raised $50m in Series B funding led by Anthemis Group.
crypto

Turbulent year for crypto as illicit activity reaches new high

Illicit activity in the cryptocurrency reached an all-time high of $20.1bn in 2022, up from $18bn the previous year.

Is Latin America’s FinTech sector ready for growth?

It is common knowledge Latin America is an emerging market, but with FinTech itself being a new ecosystem, it begs the question if the region’s sector is ripe for its adoption.

How Muinmos became a key global player in financial services client onboarding

Muinmos was founded back in 2012 after Remonda Kirketerp-Møllersaw a big gap in the market for making client onboarding simpler andmore efficient in financial services. With a rapidly growing global clientbase of banks, investment firms and asset managers, the company isemerging as a major player in key global markets

New York Racing Association extends contract with Alessa to boost its AML capabilities

Racing organisation and gaming facility New York Racing Association (NYRA) has extended its contract with AML compliance solution provider Alessa for sanctions screening, transaction monitoring and regulatory reporting.
Twinco

Twinco Capital scores $12m in equity and debt

Twinco Capital, a supply chain finance solution, has raked in $12m in an equity and debt round led by Quona Capital.

Funding Xchange has bagged ?8m in new funding round led by Downing Ventures and...

London-based FinTech Funding Xchange has secured ?8m in a new funding round, leaving the door open for the company to accelerate the development and rollout of new solutions.

Insured Nomads teams up with Peanut for easier travel

US-based travel and global health insurance provider Insured Nomads has partnered with Peanut, a Google Chrome extension that helps travellers see important information about...

Lydia teams with Cashbee to establish savings accounts offering

French mobile payments company Lydia has partnered with compatriot FinTech Cashbee to add saving accounts to its platform.
Ripple

Crypto and blockchain firm Ripple names new president

Ripple, a company specialising in the crypto and blockchain industries, has promoted Monica Long from SVP and general manager to president.

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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