Funding Rounds

FOSSA bags $8.5m in its Series A led by Bain Capital and Costanoa

FOSSA, an open source management company, has bagged $8.5m in its Series A round which was led by Bain Capital Ventures and Costanoa Ventures.

Digital business bank Penta adds €4m to its Series B round

Digital business bank Penta has collected €4m in a new funding round, adding to the €18.5m it raised in March for its Series B.

Keyrock collects €4.3m in funding

FinTech startup Keyrock has secured €4.3m in a funding round co-led by SIX Fintech Ventures and MiddleGame Ventures.
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Robo-adviser MortgageGym bags £500,000 from former Deutsche Bank exec

Mortgage robo-adviser MortgageGym has reportedly picked up a £500,000 investment from former Deutsche Bank AG COO Henry Ritchotte.

MFast boosts Vietnam’s financial inclusion with $6m from Wavemaker Partners and others

MFast, described as Vietnam’s prime financial services distribution network, has made headlines with its recent financial achievement.
fintech insurtech wealthtech regtech ai cybertech esg news

Emerada lands $1.8m to launch SME funding platforms

Japanese FinTech startup Emerada has secured ¥200m ($1.8m) in a Seed round led by D4V.
Fin+InsureTech firm Finsall secures Rs 15 crore in bridge funding round

Fin+InsureTech firm Finsall secures Rs 15 crore in bridge funding round

Finsall, an innovative Fin+InsureTech company, has successfully secured a bridge round of Rs 15 crore, led by prominent investors Unicorn India Ventures and Seafund.
fintech insurtech wealthtech regtech ai cybertech esg news

Active Allocator hits $8m valuation through equity round

New York-based FinTech business Active Allocator has hit an $8m valuation through an early-stage equity financing round.The business aims to bring institutional quality asset allocation...
fintech insurtech wealthtech regtech ai cybertech esg news

Italy-based YOLO said to raise €1m in funding led by Barcamper

Italy-based InsurTech platform YOLO has reportedly closed a €1m funding round led by Barcamper Ventures.

Singapore’s Volopay scores $29m Series A

Singapore-based Volopay has reportedly collected $29m in its Series A funding round, which was comprised of debt and equity.

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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