Industry News

Acorns-acquired-GoHenry-to-deliver-financial-wellness-to-the-whole-familiy

Acorns acquires GoHenry to deliver financial wellness to the whole family

Acorns, a saving and investing app for everyday people, has acquired GoHenry and its European arm Pixpay.
PSR

PSR charts course for enhanced oversight in financial landscape

The PSR has called for views on its supervisory strategy, marking a step in bolstering integrity and resilience of the payment system landscape.
SoFi-technologies-acuiqres-wyndham-mortgage-to-scale-mortgage-growth

SoFi Technologies acquires Wyndham Capital Mortgage to scale mortgage growth

SoFi Technologies, a "one-stop shop" for digital financial services that helps members borrow, save, spend, invest and protect their money, has acquired Wyndham Capital Mortgage.

Global fraud prevention leader BioCatch valued at $1.3bn in Permira takeover

BioCatch, a leader in digital fraud detection, is set to be acquired by Permira Growth Opportunities II, the PE arm of Permira. 
Canada-life-to-acquire-IPC-to-expand-wealth-management-reach

Canada Life to acquire IPC to bolster wealth management reach

The Canada Life Assurance Company is to acquire Investment Planning Counsel (IPC) an independent wealth management firm from IGM Financial.
“The top 10 banks for AI talent currently account for 51% of the overall banking industry talent pool—a huge advantage when it comes to AI adoption. This concentration of AI talent has real consequences. If the banks that lag behind cannot close the gap, the race to implement AI will become an uphill struggle.”

US banks are surpassing European counterparts in AI talent growth

In the past six months, the world's foremost banks have expanded their AI talent by 9%, a rate that doubles their overall headcount growth, according to a survey from Evident.
porch-group-secures-$333m-convertible-notes-financing

Porch Group secures $333m convertible notes financing

Porch Group, a vertical software company reinventing the home services and insurance industries, has secured $33m in convertible notes financing.
Wolters Kluwer

Wolters Kluwer unveils new Regulatory Violations Intelligence Index

Wolters Kluwer, a provider of solutions, empowers professionals across various industries, has launched a Regulatory Violations Intelligence Index.
Certn

Background screening enterprise Certn nets $30m

Certn, an online background checks and identity verification firm, has recently raised $30m in a Series B financing round.
Teal

Teal secures $8M seed funding for groundbreaking accounting solution

Teal has announced a significant milestone in its journey to transform SMB accounting with the closure of an $8 million seed funding round.

News Stories

US-based CyberTech companies dominated this week's FinTech funding

US-based CyberTech companies dominated this week’s FinTech funding

it was a strong week for US-based CyberTech companies, accounting for eight of the total 26 FinTech deals covered this week.  In total, FinTech Global...
Realm.Security secures $5m in seed funding to streamline cybersecurity data management

Realm.Security secures $5m in seed funding to streamline cybersecurity data management

Realm.Security, a startup tailored for cybersecurity, has stepped out of stealth mode and announced a $5m seed investment spearheaded by Accomplice and Glasswing Ventures.
Fora Financial boosts liquidity with a record $126.9m asset-backed securitization

Fora Financial boosts liquidity with a record $126.9m asset-backed securitization

Fora Financial, a prominent FinTech company providing financial solutions to small and medium-sized businesses (SMBs), announced today the closure of its third and largest asset-backed securitization (ABS) valued at $126.9m.
Novatus Global bolsters RegTech prowess with $40m investment

Novatus Global bolsters RegTech prowess with $40m investment

Novatus Global, a London-based leader in regulatory technology, has announced a significant growth investment of $40m from Silversmith Capital Partners, a growth equity firm located in Boston.
Ledgebrook's innovative push in InsurTech garners $17m Series B funding

Ledgebrook’s innovative push in InsurTech garners $17m Series B funding

Ledgebrook, the rapidly growing InsurTech firm, has successfully closed a $17m Series B funding round.

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