Funding Rounds

Retail trading app BUX closes $12.5m funding round

Retail trading app BUX has closed a $12.5m funding round which was led by venture capital firms Velocity Capital and Holtzbrinck Ventures.

Sopra Banking Software partners data exchange platform Digi.me

Sopra Banking Software has formed a partnership with personal data security platform digi.me to improve secure personal data exchange.

LeaseQuery receives $40m in Series A from Goldman Sachs

LeaseQuery, a lease accounting software solution, has received $40m in a Series A round from Goldman Sachs’ Merchant Banking Division.

Alkami closes Series E on $55m to support development of its technology stack

Alkami Technology, a cloud-based digital banking service provider for US banks and credit unions, has netted $55m in its Series E funding.

Synapse bags $33m Series B to support a full expansion roadmap for 2019

Synapse, a banking API developer, has closed its Series B on $33m to support its growth strategy for 2019 which includes the launch of brokerage accounts.

Prudential Financial acquires Assurance in deal worth $2.35bn

Prudential Financial has agreed to health and financial wellness solution Assurance in a deal worth $2.35bn.

Penta collects €8m in round led by HV Holtzbrinck Ventures

Penta, a digital banking platform for businesses, has collected €8m in its new funding round led by HV Holtzbrinck Ventures.

Getsafe closes Series A on $17m, already eyeing next funding round

Germany-based InsurTech platform Getsafe has closed its Series A funding round on $17m, with plans to raise more funds this year.

CVC taps flagship fund, growth vehicle for Vitech Systems investment

CVC Capital Partners is tapping its flagship and growth funds to make a majority investment in cloud-based financial administration provider Vitech Systems.

Step closes Series A on $22.5m as its banking app waiting list exceeds 500k

Step, a mobile banking app designed for families and teens, has closed its Series A on $22.5m.

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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