Funding Rounds

Swoop scores ?5.4m in Series A financing

Swoop, a one-stop money shop for companies, has bagged ?5.4m in a Series A funding round.

Atlantic Money launches in UK market and bags $3m seed extension

Atlantic Money has revealed its low-cost money transfer service is now available to everyone in the UK.
Klink

Klink Finance lands $500k in pre-seed raise

Klink Finance, a gamified digital asset platform, has raised $500,000 in a pre-seed funding round.

Varo Money closes $45m Series B led by Warburg Pincus

Mobile banking solution Varo Money has closed a $45m Series B funding round led by Warburg Pincus.
Onyx Private's tailored banking for high earners attracts $4.1m funding

Onyx Private’s tailored banking for high earners attracts $4.1m funding

Onyx Private, a digital bank dedicated to high-earning Millennials and Gen Zers, has successfully attracted an impressive $4.1m funding round.

Identity verification company ID.me grabs $19m

Users and employee verification company ID.me has raised $19m in a Series B round from FTV Capital.

DFI closes $50m, as Finstar looks to boost its presence in APAC

Lending platform Digital Finance International has received a $50m investment from Finstar Financial Group as the firm looks to boost its position in the APAC region.
Primary Portal

Primary Portal lands £5.3m in funding

Primary Portal, a UK-based provider of a platform for deal information, has scored £5.3m in investment.

Bright Health raises $635m in oversubscribed Series D

Bright Health, which offers a selection of healthcare benefits, has raised $635m in an oversubscribed Series D round.

Lykke receives investment from Hanwha Systems

Lykke, a Switzerland-based cryptocurrency exchange, has received an investment from South Korea’s Hanwha Systems, a technology solution developer.

News Stories

Zurich Insurance Company has announced a host of new leadership appointments within its Asia-Pacific (APAC) commercial insurance division.

Zurich Insurance strengthens APAC leadership team

Zurich Insurance Company has announced a host of new leadership appointments within its Asia-Pacific (APAC) commercial insurance division. Robin Cooper-Driver has been appointed as head...
Sigo Seguros, a car insurance startup focused on underserved communities, has raised $10.5m in a Series A funding round.

Sigo Seguros bags $10.5m to expand car insurance offerings

Sigo Seguros, a car insurance startup focused on underserved communities, has raised $10.5m in a Series A funding round.
Automation and artificial intelligence (AI) are transforming industries worldwide, and the insurance sector is no exception. For insurance companies, efficiently handling claims and processing large volumes of customer inquiries is a crucial aspect of maintaining customer satisfaction and operational excellence. As the volume of claims increases, insurers are under pressure to find solutions that not only streamline workflows but also improve accuracy and reduce response times. This is where companies like Simplifai can make a difference. 

How Simplifai can step-up your insurance claims management

Automation and artificial intelligence (AI) are transforming industries worldwide, and the insurance sector is no exception. For insurance companies, efficiently handling claims and processing large volumes of customer inquiries is a crucial aspect of maintaining customer satisfaction and operational excellence. As the volume of claims increases, insurers are under pressure to find solutions that not only streamline workflows but also improve accuracy and reduce response times. This is where companies like Simplifai can make a difference. 
US RegTech funding growth Q2 2024 driven by $100m deals Norm AI $27m Series A

US RegTech funding grew by 15% in Q2 driven by deals over $100m

Key US RegTech investment stats in Q2 2024: US RegTech investments grew by 15% as larger deals increase due to increasing regulatory complexity and...
As the insurance industry rapidly modernises, actuaries are becoming integral to shaping and executing strategic growth plans. With a focus on enhancing risk management, leveraging advanced technologies like AI, and optimising decision-making processes, actuaries are driving innovation across the landscape. Their expertise is crucial in adapting to industry changes and achieving long-term business objectives, underscoring their pivotal role in the future of insurance strategy.

How actuaries shape insurance strategy

As the insurance industry rapidly modernises, actuaries are becoming integral to shaping and executing strategic growth plans. With a focus on enhancing risk management, leveraging advanced technologies like AI, and optimising decision-making processes, actuaries are driving innovation across the landscape. Their expertise is crucial in adapting to industry changes and achieving long-term business objectives, underscoring their pivotal role in the future of insurance strategy.

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