Funding Rounds

Toffee Insurance bags $1.5m Seed to support team expansion

India-based digital insurance platform Toffee Insurance has closed a $1.5m Seed round. The investment was led by Kalaari Capital, Omidyar Network, and Accion Venture Lab. Toffee...

Drone insurance company Flock nets £2.25m Seed round

Flock, a ‘pay-as-you-fly’ insurance platform for drones, has secured £2.25m in its Seed funding round.

Gravyty raises $2m to accelerate AI product development

AI-powered fundraising software developer Gravyty Technologies has raised $2m in its second round of funding.

Cybersecurity company Blackpoint lands $6M

Blackpoint, a cybersecurity company offering spread detection and network visualisation, has closed a $6m round of funding.

Azimo said to close $20m Series C led by Rakuten

Money transfer platform Azimo has reportedly closed a $20m Series C funding round led by Rakuten Capital.

Moneyfarm secures £40m investment led by Allianz

Wealth management platform Moneyfarm has secured £40m in its latest funding round, which was led by Allianz Asset Management.

Remind me closes €1m Seed round from High-Tech Gründerfonds

Remind me, a contract and insurance policy reminder solution, has received a €1m seed round from High-Tech Gründerfonds.

Visa colses strategic investment in YellowPepper to support payments in LatAm

Latin American digital financing platform YellowPepper has received an undisclosed strategic investment from Visa. This deal marks Visa’s first in the region and supports its...

Nigeria-based Lidya closes $6.9m in Series A to support expansion across Africa

Lidya, an online invoice generation and financing platform, has collected $6.9m in its Series A funding round.

WeInvest said to raise $12.3m Series A funding round

Online retail investment support platform WeInvest has reportedly raised $12.3m in its Series A funding round.

News Stories

How purpose-built AI is transforming compliance from detective controls into preventive controls

As AI rewrites the playbook for financial crime and conduct risk, Behavox founder and CEO Erkin Adylov explains how purpose-built models are shifting compliance...
FinTech

Over $1.1bn raised across funding raises in red-letter week for FinTech

There was over $1.1bn raised across 23 deals this week in the FinTech sector, one of the most powerful weeks for raises seen so...

Ortec Finance’s GLASS PRISM targets insurance portfolio optimisation

Ortec Finance has unveiled GLASS PRISM, a next-generation strategic asset allocation (SAA) optimisation tool designed specifically for insurance asset managers.
crime

Why real-time intelligence sharing is now a legal must

A decade ago, the notion of regulated financial institutions exchanging crime intelligence in real time felt far-fetched. Legal barriers loomed large, trust between banks...
LSEG launches real-time vessel tracking API

LSEG launches real-time vessel tracking API

London Stock Exchange Group (LSEG) has unveiled a new Vessel Tracking API, developed in collaboration with satellite operator Kinéis and Wood Mackenzie Vesseltracker, offering...

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