Funding Rounds

fintech insurtech wealthtech regtech ai cybertech esg news

CloudMargin collects $10m for collateral management platform

CloudMargin, a cloud-based collateral management workflow tool, has closed a $10m investment round.

Grip Security grasps $19m Series A following a whirlwind debut year

SaaS security startup Grip Security has raised $19m from a Series A financing round led by Intel Capital.

20 FinTech rounds from last week you can’t afford to be unaware of

FinTech companies, RegTech ventures, InsurTech startups and challenger banks raised money in the last week. This is what you can learn from the 20 FinTech rounds we reported on.
Sentra

Avaana Climate Fund spearheads $2m seed for ESG platform Sentra.world

Sentra.world, an ESG SaaS platform, has secured $2m in a promising seed funding round headed by Avaana Capital.

MFS Global nets $4.5m in Series B round led by LUN Partners

MFS Africa, a digital payments processor, has netted $4.5m in its Series B funding round led by China-based LUN Partners Group.

RegTech100 company Hummingbird closes Series B

Hummingbird RegTech, which was recently named in the new RegTech100 list, has secured $30m in its Series B funding round.

ID.me raises up to $8.3m in a new funding round

User and employee verification platform ID.me has raised up to $8.3m in a new funding round, a filing with the US SEC shows.
Thinksurance

Frankfurt-based InsurTech Thinksurance rakes in €22m

Thinksurance, a firm specialising in digital insurance consultations, has successfully raised a hefty €22m in its latest funding round.

Extend collects $3m in its Seed financing round led by Point72

New York-based digital business credit card platform Extend has collected $3m in its Seed financing round.

Ampla secures Series A

Ampla Technologies, a startup which provides financing to small-to-medium sized consumer-facing businesses, has raised $40m in Series A funding co-led by VMG Partners and Forerunner Ventures, a report by Coverager has revealed.

News Stories

How the world's top banks and insurers are adopting GenAI tools

How the world’s top banks and insurers are adopting GenAI tools

In recent years, the integration of generative artificial intelligence (GenAI) tools within the financial sector has seen remarkable growth. A study conducted by ORX, a leading operational risk association, reveals that 75% of the world’s major banks and insurers are now utilizing external GenAI applications in their operations.
UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

PeppercornAI, an InsurTech specialising in conversational artificial intelligence, has successfully raised £3.25m.
Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation, a pioneer in Corporate Digital Identity (CDI), has recently announced the appointment of Stuart Barnard as its first Chief Financial Officer (CFO).
Unlocking the power of KYC Portal CLM in modern due diligence

Unlocking the power of KYC Portal CLM in modern due diligence

In the complex world of finance, due diligence is essential for protecting a company’s reputation and financial well-being. As customer demands for convenience increase and regulatory scrutiny intensifies, finding a balance is more important than ever. The solution lies in an innovative tool—KYC Portal Customer Lifecycle Management (CLM). The RegTech company recently compiled a guide on its role in enhancing due diligence processes.
Apax Digital Funds backs IANS Research with new investment to boost InfoSec services

Apax Digital Funds backs IANS Research with new investment to boost InfoSec services

IANS Research, a leading provider of independent research and advisory services for the information security industry, has just secured a significant investment from Apax Digital Fund II. 

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