Industry News

LlamaIndex

£8.5m boost for LlamaIndex to enhance large language model capabilities

LlamaIndex, a data framework designed for LLMs, has announced that it has successfully raised £8.5m in a seed funding round.
Sourcemap

Sourcemap secures $20m to enhance global supply chain mapping

Sourcemap, a key provider of supply chain mapping and monitoring software, recently celebrated the close of a $20m Series B round.
Beyond gamification: How wealth managers can improve customer experience with analytics

Beyond gamification: How wealth managers can improve customer experience with analytics

The evolving landscape of the digital era offers significant opportunities for financial institutions, particularly in the wealth management sector. Using gamified elements to draw consumer attention and cultivate loyalty has become a common practice.
cyber-risk-expert-sets-foot--US

Cyber risk expert KYND makes a splash in the US insurance market

KYND, a pioneer in cyber risk management technology and services based in the UK, is excited to announce its expansion into the US insurance market.
majesco-munich-re-transformative-insurance platform

Munich Re partners with Majesco for transformative insurance platform

Majesco, an international front-runner in cloud insurance platform software, and Munich Re Specialty Group North America (MRSGNA), part of global reinsurance provider Munich Re, have announced their collaboration.
hostaway-vacation-rental

Hostaway secures $175m in record-breaking funding round in the vacation rental sector

Hostaway, a distinguished player in the vacation rental software and management system arena, has announced a colossal capital raise of $175m.
Berlin's InsurTech pioneer INZMO launches AI chatbot NIMO

Berlin’s InsurTech pioneer INZMO launches AI chatbot NIMO

Headquartered in Berlin, INZMO, a front-runner in the European InsurTech scene, has disclosed the debut of its novel chatbot assistant, NIMO.
Amplifi

Amplifi Capital accelerates credit union innovation with fresh £50m investment

Amplifi Capital has landed a significant investment of $50m from M&G to boost growth in the UK’s credit union sector.
communications

Communications compliance in 2023: the challenges and the possibilities

More transactions and interactions are taking place digitally, and the importance of ensuring compliance in communications has risen.
Novata

Novata and IQ-EQ link to optimise private market ESG data reporting

IQ-EQ, an asset management solutions firm, has entered into a strategic alliance with private markets ESG company Novata. 

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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