Funding Rounds

South-Korean-P2P-lending-platform-scores-extra-$20m-in-funding

South Korean P2P lending platform PeopleFund scores extra $20m

PeopleFund, a South Korean platform that connects borrowers and investors to facilitate lending, has added $20m to its $63.4m Series C fund.

Capchase said to close $60m through a asset-backed credit facility

Capchase, which offers a SaaS and recurring revenue financing platform, has reportedly bagged $60m in an asset-backed credit facility.

HMBradley is the latest US challenger bank to set sights on growing market

HMBradley is the latest US challenger bank to enter the fray, differentiating itself from competitors by offering consumers rewards for positive financial behaviours.
UAE-based payroll and HR solution Bayzat bags funding

UAE-based payroll and HR solution Bayzat bags funding

Bayzat, a UAE-based payroll and HR solution, has reportedly raised funds from The Mohammed Rashid Innovation Fund (MBRIF).

Veriff closes $15.5m funding round as it prepares for a larger Series B round

Veriff closed its new funding round on $15.5m as it prepares to increase its growth and sales to enterprise customers before it raises a larger Series B round in the future.
Triple-A is making waves in the financial technology industry with the announcement of their successful $10m Series A funding round.

Triple-A lands $10M in Series A for more efficient global payments system

Triple-A is making waves in the financial technology industry with the announcement of their successful $10m Series A funding round.

Risk management solution Venminder scores $33m in its Series C

Third-party risk management solution developer Venminder has scored $33m in its Series C round, which was led by Silversmith Capital Partners.

Fresh investment brings Anodot’s Series B funding total up to $23m

AI-powered analytics company Anodot has netted an additional $15m to its Series B round, which now totals $23m.
African FinTech startup Bujeti raises $2m for enhancing spend management solutions

African FinTech startup Bujeti raises $2m for enhancing spend management solutions

Bujeti, an African FinTech startup, has successfully raised $2m in seed funding. The company, known for its innovative approach to handling corporate finances, received this significant capital injection from a group of prestigious investors, including Y Combinator, the lead investor.

Cocoon launches its leave compliance tool alongside Series A close

Cocoon has launched the first full-suite software solution that removes complex leave processes, alongside the close of its Series A funding round.

News Stories

CISA steps up AI game with Lisa Einstein as new chief AI officer

The Cybersecurity and Infrastructure Security Agency (CISA) has announced the appointment of its first Chief Artificial Intelligence Officer, Lisa Einstein.
As we step into the second half of 2024, the InsurTech landscape is poised for significant advancement. Emerging technologies such as AI, machine learning, and large language models are set to revolutionise risk assessment, underwriting, and customer experiences. Meanwhile, there is a growing emphasis on ESG considerations bubbling up under the surface.

The key InsurTech trends to look out for in H2 – part one

As we step into the second half of 2024, the InsurTech landscape is poised for significant advancement. Emerging technologies such as AI, machine learning, and large language models are set to revolutionise risk assessment, underwriting, and customer experiences. Meanwhile, there is a growing emphasis on ESG considerations bubbling up under the surface.
Zurich Australia, a leading insurance provider, has announced a partnership with Tesla to become the preferred electric vehicle insurance provider for Tesla customers in Australia.

Zurich Australia partners with Tesla to provide exclusive electric vehicle insurance

Zurich Australia, a leading insurance provider, has announced a partnership with Tesla to become the preferred electric vehicle insurance provider for Tesla customers in Australia.
Renaissance Life & Health Insurance Company of America is enhancing its group insurance offerings with an innovative supplemental health solution.

Renaissance unveils new supplemental health insurance powered by Ansel Health

Renaissance Life & Health Insurance Company of America is enhancing its group insurance offerings with an innovative supplemental health solution. This new product is powered by...
Thredd, the global next-generation payments platform, has announced that Brian Kieley has joined the organisation as chief client officer, effective immediately.

Thredd welcomes industry veteran Brian Kieley as new chief client officer

Thredd, the global next-generation payments platform, has announced that Brian Kieley has joined the organisation as chief client officer, effective immediately. Kieley will spearhead the...

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