Funding Rounds

BITPoint LatAm boosts AML and KYC with IdentityMind partnership

BITPoint LatAm, a crypto to fiat exchange platform, has partnered with IdentityMind to support its AML and KYC processes in Latin America.

Auto insurance startup pulls in £750k to support next growth phase

Car insurance platform honcho has pulled in a £750,000 investment to support the company’s national product launch.

Wrisk closes crowdfunding on £978k surpassing its initial target

Mobile InsurTech platform Wrisk has closed its Seedrs crowdfunding round on £978,682, to seek new partnerships and affinity with new verticals.

Energy derivatives FinTech provider AEGIS gets Baird Capital backing

Energy derivatives FinTech business AEGIS Energy Risk has picked up investment from US private equity house Baird Capital.

Big banks reinvest in Symphony Communications through new $165m round

Venture capital-backed secure messaging app Symphony Communications has brought its total capital raised to more than $460m thanks to a new round led by Standard Chartered and MUFG Innovation Partners.

Waterdrop raises $144m in Series C, just months after closing former round

China-based InsurTech startup Waterdrop has reportedly raised over 1bn RMB ($144m) in its Series C round, just months after closing its Series B on $74.2m.

Financial wellness app BrightPlan closes Series B on $12m

Personal finance platform BrightPlan has netted $12m in its Series B round, bringing its total equity funding to $37m.

Insurance chatbot Hi Marley collects $8.7m in Series A

Hi Marley, an insurance technology platform, has closed its Series A round on $8.7m.

Ideagen acquires Redland Business Solutions in a £15.8m deal.

GRC software management company Ideagen has acquired Redland Business Solutions, a provider of regulatory and compliance software, in a £15.8m deal.

Brex gets Kleiner Perkins backing in $100m investment round

Corporate credit card startup Brex has picked up $100m of investment in a round led by Kleiner Perkins Digital Growth Fund.
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News Stories

Kayna secures spot in Guidewire's InsurTech Vanguards programme

Kayna secures spot in Guidewire’s InsurTech Vanguards programme

Kayna, an award-winning embedded insurance distribution platform headquartered in Cork, Ireland, has been accepted into the Guidewire InsurTech Vanguards programme, an initiative run by...
Adaptive Insurance taps ZestyAI for storm risk underwriting

AI storm risk tool integrated into Adaptive Insurance platform

Adaptive Insurance, a specialist provider of climate-focused insurance products, has selected ZestyAI, an AI-powered risk and decision intelligence platform, to integrate property-level storm risk scoring into its wind and hail underwriting and pricing programmes.
crime

Has the traditional financial crime model reached its limit?

The traditional financial crime operating model was built for a different era. For decades, financial institutions have relied on separate functions, technologies and processes...
Reset raises $6m seed round led by credit union customers

Reset raises $6m seed round led by credit union customers

Reset, an embedded earned wage access (EWA) platform designed for credit unions and community banks, has closed a $6m seed funding round, bringing its...
Revolut launches 5% savings rate for new UK customers

Revolut launches 5% savings rate for new UK customers

Revolut, the licensed UK bank, has unveiled a market-leading 5% AER (variable) savings rate for new customers in the UK, available until 4th December...
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