Industry News

study

Moneyhub finds over half of UK savers demand more support amid economic crunch

A study by Moneyhub has shed light on the prevailing financial distress affecting various demographics across the UK.
NX Technologies

Automotive payments FinTech NX Technologies bags €11m

NX Technologies, which supports payment processes for the automotive industry, has secured €11m in a Series A raise.
FCA

FCA aims to streamline financial regulations to boost UK economy

The FCA has initiated a comprehensive review to simplify the regulatory framework governing the UK's financial services. This strategic move is set to reduce...

Marsh McLennan’s Guy Carpenter Secures Israeli Market with Re Solutions Purchase

Guy Carpenter, a global leader in risk and reinsurance solutions and a Marsh McLennan business, has announced the completion of its acquisition of Re Solutions, the foremost independent reinsurance broker in Israel. Details of the transaction were not disclosed.
Cloudflare

Cloudflare strengthens SASE network with BastionZero acquisition

Cloudflare, a connectivity cloud company, has announced the acquisition of BastionZero, a zero-trust infrastructure access platform.
Arsht-rock-SEWA-and-blue-marble-to-launch-parametric-product-to-protect-women-workers-in-informal-sector-in-india

Arsht-Rock, SEWA and Blue Marble to launch parametric product to protect women workers in...

Adrienne Arsht-Rockefeller Foundation Resilience Center (Arsht-Rock) has partnered with the Self Employed Women’s Association (SEWA) and Blue Marble to provide a parametric insurance product to protect women workers in the informal sector.
Kafene

Kafene amasses $31m Series B to boost point-of-sale financing options

Kafene, a point-of-sale financing platform, has recently garnered $12.6m in new equity capital to amass $31m in a Series B.
Fingerprints and Valid introduce next-gen biometric payment cards in Brazil

Fingerprints and Valid introduce next-gen biometric payment cards in Brazil

Fingerprint Cards, a global provider of biometric systems, has partnered with Valid, a major technology provider and integrator, focusing on secure solutions for identification, mobile, and payment ecosystems.
Simetrik

Simetrik secures $55m in Series B to bolster platform globally

Simetrik, a financial automation platform based in Colombia, has completed a Series B funding round, raising a substantial $55m.
iProov

iProov and Ping Identity team up to bolster digital identity verification

iProov has announced a strategic partnership with Ping Identity, a frontrunner in delivering seamless and secure digital experiences.

News Stories

US takes the gold for FinTech deals this week - Here are this week's 36 deals

US takes the gold for FinTech deals this week – Here are this week’s...

It was a strong week for US-based FinTech companies, with 17 securing fresh capital this week.  Aside from the US dominating the week for deals,...
Deutsche Bank and BASF initiate pioneering ESG finance programme in Asia

Deutsche Bank and BASF initiate pioneering ESG finance programme in Asia

Deutsche Bank has unveiled BASF’s inaugural sustainability-linked payables finance programme in Asia, concentrating on its operations in China.
PureFacts secures major investment from GrowthCurve

PureFacts secures major investment from GrowthCurve

PureFacts Financial Solutions, a renowned provider of revenue management solutions tailored for the investment sector, recently announced a significant development.
Tuum and ComplyAdvantage join forces to enhance compliance and operational efficiency

Tuum and ComplyAdvantage join forces to enhance compliance and operational efficiency

Tuum is a next-generation core banking platform, has partnered with ComplyAdvantage, a financial crime intelligence platform that offers AI-driven risk data and fraud detection technology to a global client base.
Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with AI

Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with AI

Wisedocs, an innovative leader in the InsurTech sector, recently received a significant financial boost. CIBC Innovation Banking has extended $4.5m CAD in growth capital financing.

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