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.
environment

Navigating the future of sustainability: The role of AI in environmental strategies

The integration of AI, is transforming sustainability across various sectors. By handling extensive data analysis, AI equips sustainability experts with actionable insights, freeing them to implement strategies that have real-world impacts.
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.

Navigating the global landscape of customer due diligence regulations

Customer Due Diligence, or CDD, plays a pivotal role in the realms of Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF).
Green

Green Check Verified’s acquisition of Komplyd to reshape cannabis FinTech landscape

Green Check Verified, a cannabis banking solutions firm, has acquired Komplyd, a CaaS platform targeting the cannabis industry.
Why robust compliance is key to harnessing BaaS opportunities

Why robust compliance is key to harnessing BaaS opportunities

Banking as a Service (BaaS) has been celebrated as a significant catalyst within the European FinTech industry, driving its influence on a global scale. Napier AI, which offers a financial crime compliance solution, recently explored why a risk-based compliance approach is vital for BaaS. 
Finfra

Indonesian FinTech pioneer Finfra attracts $1m investment round

Finfra, a platform for businesses seeking to launch white-labelled lending services in Indonesia, has disclosed a successful funding round.

Rich Data expands AI lending solutions with $9m investment

Rich Data, an Australian-based AI decisioning platform for business and commercial lenders, has recently secured a $9m investment.

Insurance giant Generali bolsters presence in Europe with $2.5bn Liberty Seguros acquisition

Liberty Mutual Insurance, a global provider of various insurance products and services, has confirmed a definitive agreement to sell its Madrid-headquartered personal lines and small commercial insurance business, Liberty Seguros, S.A., to Generali Group.

Financial Reporting Council initiates dialogue on UK’s digital reporting

The FRC, in collaboration with a cross-regulatory group including the FCA, Companies House, HMRC, and the Charity Commission for England and Wales, has unveiled...

News Stories

Dutch data watchdog DPA fines Clearview AI $33.7m

Dutch data protection authorities have imposed a fine of €30.5m ($33.7m) on Clearview AI, citing violations of the European Union's GDPR. According to Security Week,...
Ryan Specialty has signed a definitive agreement to acquire Ethos Specialty Insurance's Property and Casualty (P&C) Managing General Underwriters (MGUs) from Ascot Group.

Ryan Specialty to expand portfolio with acquisition of Ethos Specialty Insurance’s P&C MGUs

Ryan Specialty has signed a definitive agreement to acquire Ethos Specialty Insurance's Property and Casualty (P&C) Managing General Underwriters (MGUs) from Ascot Group.

Ziina bags $22m Series A to enhance digital financial solutions in the UAE

Ziina, the UAE’s premier financial platform, today announced a successful $22m Series A funding round.
SiriusPoint, a global specialty insurer, has announced a strategic partnership with Gigasure to offer travellers more flexible, customisable travel insurance policies.

SiriusPoint partners with Gigasure to deliver personalised travel insurance

SiriusPoint, a global specialty insurer, has announced a strategic partnership with Gigasure to offer travellers more flexible, customisable travel insurance policies.

Morgan Stanley backs 3forge with strategic investment

3forge, a leading developer of High Impact code solutions for business-critical applications, has successfully secured its first external investment.

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution