Industry News

P&C-insurer-sompo-grows-footprint-in-switzerland

P&C insurer Sompo grows footprint in Switzerland

Sompo International, a global provider of commercial and consumer property and casualty (re)insurance, has expanded its operations in Switzerland.

Bluesnap settles $10M FTC lawsuit over fraudulent payment processing

A recent FTC settlement has thrust payment processing company BlueSnap into the spotlight, as it agreed to pay $10m to settle a lawsuit over its alleged involvement in processing payments for "deceptive and fraudulent" companies.
Aspect-insurance-exits-stealth-poised-for-growth-in-UK-and-Europe-D&F-startup

Aspect exits stealth to focus on small to mid-market property (re)insurance across the UK...

Aspect, a direct and facultative (D&F) startup, has exited stealth mode to focus on writing hard to place small to mid-market property (re)insurance across the UK and Europe.
Greenboard

Base10 partners leads $4.5M funding round in Greenboard

Greenboard, a compliance and operations software company for financial services, has announced the completion of its seed funding round, raising $4.5m.
cover-whale-insurance-teams-up-with-nexar-netradyne

InsurTech Cover Whale joins forces with Netradyne and Nexar

Cover Whale Insurance, a commercial trucking insurance provider, has partnered with Nexar and Netradyne to more precisely price policies and offer discounts to safe drivers.
Saifr

How Saifr is seeking to revolutionise the RegTech market

FinTech Global recently spoke to RegTech firm Saifr to get a grasp of the company's plans and how it is revolutionising the RegTech market.
Avalor

Security firm Avalor comes out of stealth with $30m

Avalor has arisen from a period of stealth with $30m in total funding across a seed and a Series A funding round.
Singapore

Singapore tightens grip on digital payment token providers: What you need to know

The MAS of Singapore has recently announced stringent AML and CFT controls on digital payment token (DPT) service providers. According to Moody's, these regulatory changes...
Super.com

Savings app Super.com locks in $85m in Series C

Super.com, a ‘super’ savings app, has revealed that it has raised $85m in a Series C fundraising round headed by Inovia Capital.
Muinmos

Muinmos and Blade Labs forge alliance to transform Web3 compliance

Muinmos has partnered with Blade Labs to tackle the fragmented and ineffective KYC processes that currently exist in the Web3 space.

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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