Funding Rounds

Digital insurance broker Kelly Klee closes $4.5m seed round

US-based digital insurance broker Kelly Klee has closed a $4.5m seed round across two closes.

Bandura brings in $3.5m for threat-detection tech

Bandura Systems has raised $3.5m to develop threat-detection technology for cybersecurity threats.

Cyber insurance is an essential sector, but more needs to be done

Cyber insurance is here to stay by more exposure is needed with many areas still at risk, Coalition CEO Joshua Motta told FinTech Global.

BABB raises $20m as it looks to acquire a UK banking license

BABB (Bank Account Based Blockchain) has raised its $20m goal for its token sale, as it looks to receive a UK banking license.

Yoma to acquire 34% stake in Digital Money Myanmar

Yoma Strategic Holdings is set to acquire a 34 per cent stake in mobile payments platform Digital Money Myanmar (Wave Money), from First Myanmar Investment Company.

UiPath collects $153m in Series B funding round

Robotic process automation software company UiPath has collected $153m in its Series B led by Accel.

Justworks collects $40m Series D led by FirstMark

HR and Payroll company Justworks has collected $40m in its Series D funding round led by FirstMark Capital.

Tech Ventures acquires payment platform MyCheck

Global payment platform for restaurants and hotels MyCheck has been acquired by Tech Ventures, for an undisclosed amount.

Capitolis raises $29m from Index and Sequoia

Capitolis, a 'next generation' provider of capital markets technology, has raised $29m from Index Ventures and Sequoia Capital.

Finova Capital raises $6m from Sequoia India

Jaipur-based non-banking financial company Finova Capital has raised $6m over two tranches from Sequoia India.

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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