Industry News

Genie

Credit Genie cashes in on $4m Series A financing

Credit Genie, a personal finance platform, has recently shared that it has successfully raised $4m in Series A funding.
How AI transforms KYC into a continuous compliance powerhouse

How AI transforms KYC into a continuous compliance powerhouse

In the dynamic landscape of anti-money laundering (AML) efforts, financial institutions are facing intensified scrutiny to stay a step ahead of increasingly sophisticated criminal tactics and rigorous regulatory demands.
investors

The pressing need for wealth managers to cater to retail investors

In a recent post by WealthTech firm Velexa, the company outlined why wealth managers need to focus more on retail investors.
Future of trade surveillance: Overcoming false positives and tech hurdles in 2024

Future of trade surveillance: Overcoming false positives and tech hurdles in 2024

Understand How Compliance Leaders Are Protecting Their Firms Against Market Abuse and Regulatory Risk

Insurtech giant wefox fuels GATE’s electric vehicle rentals with customised insurance solutions

Leading InsurTech firm, wefox, and GATE (Green & Advanced Transport Ecosystem), a ground-breaking digital service founded by the Iveco Group, have announced a strategic affinity partnership. This alliance will leverage digital solutions and a pay-per-use formula to shape the future of long-term rentals for electric commercial vehicles.
AI

Harnessing AI in WealthTech: complexity versus function

In a recent post by Velexa, the company highlighted the differences between complexity and function relating to AI in WealthTech. 
patient-billing-communications-platform-inbox-health-bags-$22.5m

Patient billing communications platform Inbox Health bags $22.5m

Inbox Health, a patient billing communications platform, has raised $22.5m in Series B funding, bringing its total raised to more than $43m since inception.
SAVVY

Cybersecurity firm SAVVY emerges from stealth with $30m funding

SAVVY, a cyber enterprise specialising in mitigating workforce-initiated security incidents around SaaS applications, has bagged $30m.
Why 89% of UK insurers demand a revolution in pricing technology

Why 89% of UK insurers demand a revolution in pricing technology

In the evolving landscape of insurance, there is a stark need for adaptation. The rampant shift towards digitalisation has impacted the very core of how insurers operate, but the data-driven wave hasn't been smooth sailing. Underwriters and actuaries, key players in the industry, voice discontent with contemporary processes.
Rasa

Rasa bags $30m in Series C led by PayPal Ventures and StepStone Group

Rasa, the forefront of generative conversational AI technology, has successfully closed a $30 million Series C funding round.

News Stories

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud, a leading innovator in the Staffing Industry known for its advanced automation and AI-driven solutions, has announced a groundbreaking partnership with Immediate, a forward-thinking provider of pay access solutions.
Marqeta powers Rain's new debit card for seamless wage access

Marqeta powers Rain’s new debit card for seamless wage access

Marqeta, a global modern card issuing platform, has partnered with Rain, a financial wellness benefits provider that assists companies in giving employees greater control over their finances.
Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies, a leading RegTech company, has teamed up with HSBC Expat, a branch of HSBC Bank specialised in services for expatriates, excels in offering tailored banking solutions across the globe.
FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.

FinTech funding flourishes amid diverse week for deal activity

FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.
Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna, an AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched the Nature Transformation Fund.

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