Industry News

Webb

Webb Protocol rakes in $7m in seed funding

Webb Protocol, a privacy system for cross-blockchain asset transfers, has raised $7m in a funding round co-led by Polychain and Lemniscap.
R2

Lending infrastructure firm R2 lands $100m warehouse facility

R2, an embedded lending infrastructure business based in Latin America, has recently closed a $100m warehouse facility.
State

State Street introduces global carbon asset servicing solution

State Street has launched a carbon asset servicing solution that enables key stakeholders to ntegrate carbon-related assets in portfolios.
Dun

Dun & Bradstreet widens ESG rankings coverage

Dun & Bradstreet, a provider of business decisioning data and analytics, has expanded its ESG Rankings coverage to 75 million.
north-american-pet-insurance-sector-exceeds-$3.5bn

North American pet insurance sector exceeds $3.5bn

The North American Pet Health Insurance Association (NAPHIA) released its 2023 State of the Industry (SOI) Report showing the North American pet health insurance sector grew by 23.5% in In-Force GWP over 2022.
Akur8-to-enhance-next-insurances-pricing-processes

Akur8 to enhance NEXT Insurance’s pricing processes

Akur8, the next generation insurance pricing solution powered by transparent machine learning, has been selected by NEXT Insurance to help scale pricing capability framework.
Sunnova-energy-teams-up-with-amica-insurance-for-energy-and-insurance-services

Sunnova Energy joins forces with Amica Insurance for energy and insurance services

Sunnova Energy International, a US Energy as a Service (EaaS) provider, has partnered with Amica Insurance to expand the reach of its clean, affordable and reliable energy services.
insurtech-obie-teams-up-with-marketplace-homes-to-better-manage-risk

InsurTech Obie teams up with Marketplace to better manage risk

Obie, an InsurTech startup that offers insurance risk management for real estate investors, has partnered with Marketplace Homes to better manage risk for its properties.
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.
cognisure-and-innoveo-team-up-to-support-commercial-insurers

CogniSure and Innoveo team up to support commercial insurers

CogniSure AI, a provider of insurance document extraction and analytics, has partnered with no-code platform provider Innoveo to drive underwriting efficiencies and pricing accuracy for commercial insurers.

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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