Funding Rounds

IoT-based insurer Neos bags ?5m from Aviva Ventures and Munich Re

Connected home insurance company Neos has raised ?5m in a Series A round led by Aviva Ventures and Munich Re.

Payments cycle management solution Billtrust secures $50m

Payment cycle management company Billtrust has raised $50m in a new round led by Riverwood Capital Management.
fintech-news

WealthTech business Prumentum takes $25m and acquires stake in Plancorp

Silicon Valley-based WealthTech business Prumentum Group has raised $25m in a Series A round. The funding comes from family offices, including the Fremont Group and the Cynosure Group.
fintech-news

Merlon pockets $7.65m for compliance software platform

Financial services risk management and compliance platform Merlon Intelligence has received $7.65m in a Seed financing round.
fintech-news

Professional network management tool Affinity scores $13.5m

Network management platform for finance professionals Affinity has picked up $13.5m in its latest funding round led by 8VC.

Blispay secures $12m for POS finance card

US credit card company Blispay has received $12m in its latest funding round. FirstMark, Accomplice and NEA, all participated alongside Camden Partners and F-Prime Capital.
fintech-news

Coins pockets $5m for blockchain-enabled mobile finance

Blockchain-enabled financial services platform Coins has scored a fresh $5m in funding. The investment comes from South African web giant Naspers’ investment division Naspers Ventures.

T-Rex bags another $10m from German utility Innogy

New York and Tel Aviv-based transaction data and analysis company T-Rex Group has raised a further $10m for its Series B round.

Vericred snags $5.5m for health insurance data platform

Health insurance data platform Vericred has secured a $5.5m Series A round. Nashville-based FCA Venture Partners led the round with existing and new investors also participating.
fintech-news

LedgerX picks up $11.4m for regulated bitcoin exchange

Bitcoin institutional trading and clearing platform LedgerX has picked up $11.4m in a Series B round. Miami International Holdings and Chinese fund Huiyin Blockchain Venture Investments led the financing.

News Stories

Revolut escalates global presence with new BillPay for businesses, revenues hit $500m

Revolut escalates global presence with new BillPay for businesses, revenues hit $500m

Revolut Business has announced that its global revenues now exceed $500m (£380m), alongside monthly transaction volumes of £17bn.
Palm secures $6.1m seed funding to enhance enterprise treasury management

Palm secures $6.1m seed funding to enhance enterprise treasury management

Palm, a financial technology firm based in Sweden and the Netherlands, has recently announced a significant milestone in its journey.
MidWestOne Bank enhances digital customer onboarding with Temenos SaaS on AWS

MidWestOne Bank enhances digital customer onboarding with Temenos SaaS on AWS

MidWestOne Bank, headquartered in Iowa and servicing around 140,000 customers across four states, has successfully implemented Temenos Digital Onboarding as Software as a Service (SaaS) on Amazon Web Services (AWS).
Consumer Duty

One year on: How has Consumer Duty impacted the industry?

On July 31 last year, the long-awaited Consumer Duty legislation came into effect in the UK, following months of preparation and industry attention.
Six ways tech is revolutionising M&A for insurers

Six ways tech is revolutionising M&A for insurers

Mergers and acquisitions (M&A) have long been pivotal strategies for growth within the insurance sector, enabling firms to expand their market presence, enter new territories, and secure competitive advantages.

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