Funding Rounds

fintech-news

Qapital pockets $12m for personal savings app

Swedish savings app Qapital has picked up $12m in a Series A round to further develop its personal finance platform From Stockholm, UK and US-based VCs.
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By Miles nets £350,000 from firms including InMotion Ventures

Car insurance platform By Miles has reportedly netted a £350,000 investment from investors including InMotion Ventures.
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Turnkey Lender receives investment from Vertex Ventures

Turnkey Lender has reportedly received an undisclosed investment from Vertex Ventures.
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Atom Bank announces £83m from BBVA with more on the way

UK challenger bank Atom Bank has raised a further £83m in equity capital. The round takes Atom’s total funding to £219m and values the Durham-based company at £261m.
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Next Insurance grabs $29m to cover SMEs

Online insurer to small and medium sized businesses Next Insurance has picked up $29m in a Series A round led by Munich Re/HSB Ventures.
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Property platform BrickVest grabs first half of £4m round

London-based real estate investment platform BrickVest has raised half of its latest £4m funding round. The company took on £2m from angel investors.
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More good news for lending as Upstart nabs $32.5m Series D

In the wake of Prosper’s $5bn loan financing deal, there’s further positive signs for the online lending space with Upstart raising $32.5m in its Series D round.
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Lending and credit health startup CreditMantri scoops up $7.6m

Indian digital lending and financial wellness startup CreditMantri has raised $7.6m in its Series B round. The investment was led by Quona Capital.
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House of Fraser to back Tandem with £35m

Challenger bank Tandem is set to receive a £35m investment form UK department store firm House of Fraser.

Dealflo scores £10m for deal automation

Financial agreement automation platform Dealflo has picked up £10m in a Series B round led Holtzbrinck Ventures. Existing backer Notion Capital also participated alongside Frog Capital.

News Stories

FIS

FIS brings cloud-native risk management to AWS

FIS, a global financial technology company and capital markets software provider, has launched its Enterprise Risk Suite on Amazon Web Services (AWS), ending the...
SMCR

Why SMCR reform doesn’t reduce compliance risk

The UK's Senior Managers and Certification Regime (SMCR) is entering a new chapter — one that promises greater operational flexibility for firms while keeping...
Multinational insurer Prudential has launched an AI-powered assistant designed to help financial professionals access underwriting information, product details and business forms more quickly across its life insurance operations.

Prudential launches AI underwriting tool for advisors

Multinational insurer Prudential has launched an AI-powered assistant designed to help financial professionals access underwriting information, product details and business forms more quickly across...
Global insurer Aviva has appointed Alex McMurrough as chief underwriting officer for its commercial lines business, expanding her responsibilities across underwriting strategy, pricing and technical underwriting operations.

Aviva appoints Alex McMurrough as commercial underwriting chief

Global insurer Aviva has appointed Alex McMurrough as chief underwriting officer for its commercial lines business, expanding her responsibilities across underwriting strategy, pricing and...
Pro Global has acquired Australian audit and advisory firm GSI Professional Services as the specialist insurance services group looks to expand its presence across the Asia Pacific market.

Pro Global expands into Australia with advisory acquisition

Pro Global has acquired Australian audit and advisory firm GSI Professional Services as the specialist insurance services group looks to expand its presence across...

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