Industry News

Lexis-Nexis-Risk-solution-bolsters-home-insurance-with-ai-solution

LexisNexis Risk bolsters home insurance with AI solution

LexisNexis Risk Solutions has enhanced its home insurance AI solution to expedite and improve the home insurance underwriting process.
Annual payment value of CBDCs to skyrocket 260,000% in 7 years

Annual payment value of CBDCs to skyrocket 260,000% in 7 years

The total value of payments through Central Bank Digital Currencies (CBDCs) is expected to reach $213bn annually by 2030, according to a report from Juniper Research.
Relm-insurance-teams-up-with-net-diligence-cyber-risk-monitoring

Relm Insurance teams up with NetDiligence for cyber risk monitoring

Relm Insurance, a specialty insurance carrier serving innovative industries, has partnered with NetDiligence to deliver a suite of cyber risk monitoring solutions to policyholders.
Violet

DeFi firm Violet nets $15m, launches compliant decentralised exchange

Violet, a provider of privacy-protective compliance and identity infrastructure for DeFi, has bagged $15m in a funding round.
US regulators close Signature Bank

US regulators close Signature Bank

Signature Bank, which has been a supporter of the crypto industry, has been closed by US regulators in the aftermath of the Silicon Valley Bank collapse.
Masttro

WealthTech Masttro nets $43m in FTV Capital-led raise

Masttro, a WealthTech firm that manages the wealth of ultra-high-net-worth families, has raised $43m in a growth equity investment.
Cubist

Web3 firm Cubist lands $7m in seed raise

Cubist, a security-focused Web3 dev tools provider, has scored $7m in a seed funding round headed by Polychain Capital.
HSBC buys Silicon Valley Bank UK for £1 to help UK startups

HSBC buys Silicon Valley Bank UK for £1 to help UK startups

Following the collapse of Silicon Valley Bank (SVB), UK financial institution major HSBC has reportedly acquired Silicon Valley Bank UK (SVB UK) for £1.
How digitalisation can make insurance firms resilient in an inflation-hit economy

How digitalisation can make insurance firms resilient in an inflation-hit economy

Inflation, a pervasive economic phenomenon, is extending its grip across all sectors, including the insurance industry. A projection indicates that the surge in prices...
Clausematch

Clausematch picked to join sixth cohort of investment innovator programme

Clausematch has been chosen to join the sixth cohort of the Investment Association Engine Innovator Programme.

News Stories

Aleta Planet secures strategic investment to boost Middle East operations

Aleta Planet secures strategic investment to boost Middle East operations

Aleta Planet, a Singapore-based payments solutions provider, announced on Thursday a new investment from the United Arab Emirates' strategic management company National Pulse.
Lukka enhances enterprise data solutions with investment from Animoca Capital

Lukka enhances enterprise data solutions with investment from Animoca Capital

Lukka, the premier global blockchain data provider, has announced a significant development in its partnership with Animoca Brands.
BoBo's €6.5m seed round to enhance high-value transaction security

BoBo’s €6.5m seed round to enhance high-value transaction security

Bourgeois Boheme (BoBo), a trailblazing FinTech firm based in Vilnius, has successfully closed a seed funding round of €6.5m.
Cisco Investments backs CyberTech Halcyon

Cisco Investments backs CyberTech Halcyon

Halcyon, a pioneering anti-ransomware firm, has recently secured strategic funding from Cisco Investments.
SafeGuard Privacy secures $3.6m boost to enhance privacy compliance

SafeGuard Privacy secures $3.6m boost to enhance privacy compliance

SafeGuard Privacy, a prominent SaaS-based compliance platform, has successfully closed a $3.6m funding round.

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