Industry News

EnFi, a Boston, MA-based AI FinTech startup, has successfully secured a $7.5m seed investment, according to FinSMEs. 

JAB Holding Company, a major investor in consumer-focused industries, has acquired a majority stake in Pumpkin Insurance Services Inc., a top-tier preventive care and pet insurance provider.

Workiva, a global provider of assured integrated reporting solutions, has expanded its tech portfolio with the launch of Workiva Carbon.

Insurity, a premier provider of cloud-based software for insurance carriers, brokers, and MGAs, is set to offer its Sure Claims Payments solution as a standalone product, powered by Dream Payments and connected to J.P. Morgan Payments.

Mastering ESG principles is no longer just a corporate buzzword but a pivotal element in shaping sustainable and competitive business strategies.

The CMA has issued provisional findings indicating potential collusion among five significant banks on the trading of UK government bonds. 

The challenge of financial crime and its wider societal effects are immense. Estimates suggest that money laundering accounts for 2-5% of the global GDP.

Sompo International, recognised globally as a leader in commercial and consumer property and casualty (re)insurance, recently announced its first foray into Canada with the inauguration of a new office in Toronto.

The Corporate Sustainability Reporting Directive (CSRD) was introduced in Europe at the beginning of the year. It replaced the Non-Financial Reporting Directive (NFRD) and bolstered the scope of reporting, with the aim of enhancing transparency and comparability of ESG data across the EU so stakeholders can easily evaluate the sustainability performance of companies.

Measurabl, an ESG technology platform for real estate, has announced the completion of its $93m Series D funding round.