Funding Rounds

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Core banking developer Ohpen closes €25m Series C to support expansion into 3rd market

Core banking developer Ohpen has closed a €25m Series C funding round from private equity firm Amerborgh.
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Singapore-based Vouch Insurtech nets SGD $1m

Singapore-based online car insurance platform Vouch Insurtech has netted a SGD £1m ($759,360) in funding.
fintech insurtech wealthtech regtech ai cybertech esg news

Billing and customer solution company Simplus acquires CirrusOne

Billing and customer solution company CirrusOne has been acquired by Simplus, a salesforce partner and quote-to-cash services provider.
fintech insurtech wealthtech regtech ai cybertech esg news

Prodigy closes $5.4m Seed round led by 8VC, Battery, SV Angel

Auto trading platform Prodigy has closed a $5.4m Seed funding round led by a group of venture capital firms.
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Trizic closes $10m Series A round led by Sorenson

Digital workflow and automation company Trizic has closed a $10m Series A venture round led by Sorenson Ventures.
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Bugcrowd collects $26m for crowdsourced security platform

Bugcrowd, a crowdsourced security platform, has secured $26m in Series C round led by Triangle Peak Partners.
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BME acquires a 9.7% stake in Finect

Bolsas y Mercados Españoles has acquired a 9.7 per cent stake in Spain-based financial data platform Finect.
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Car financing platform AutoFi closes investment from Santander

Online car financing platform has received an undisclosed investment from Santander Consumer USA Holdings.
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Alibaba buys 33% stake in Ant Financial

Online payments company Ant Small and Micro Financial Services Group has received an investment from Alibaba Group, which will see it acquire a 33 per cent stake.
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SBI makes second FinTech investment of the week

SBI Holdings has closed its second FinTech deal this week, backing personal finance platform Movencorp.

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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