Funding Rounds

Monzo grabs new ?4.8m round from Passion Capital

UK challenger bank Monzo has raised ?4.8m in what it's calling an 'interim' funding round led by Passion Capital.

Reali unlocks $2m for IoT-driven real estate platform

Real estate marketplace Reali has unlocked a $2m seed round from Liquid2 Ventures and Dragonfly Investments Group as well as angel investors.

Finrise banks $5.4m for healthcare financing

Healthcare financing platform Finrise has raised $5.4m in a debt and equity seed round. The funding was led by Mayfield with NFX Guild, WTI Holdings and angel investors also investing.

Accenture buys design agency to help redesign retail banking

Professional services giant Accenture has acquired digital banking-focused design agency Allen International to boost its digital transformation capabilities.
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Smart home InsurTech startup Neos nabs £1m

Smart home insurance service Neos has raised £1m in a seed round from Eos Venture Partners.
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Kindful picks up $3.5m for non-profit software

Fundraising and donor management software for non-profits Kindful has raised $3.5m in a Series A round. The investment for the Nashville-based company was led by Cultivation Capital.
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Ladder banks $14m for digital life insurance

Digital life insurance startup Ladder has raised $14m in its Series A round. Canaan Partners led the round with Lightspeed Venture Partners, NYCA and 8VC also contributing.
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CityFALCON smashes through crowdfunding target

London financial news and intelligence platform CityFALCON has hit its £150,000 crowdfunding target in less than a month. The company attracted 120 investors to its campaign on Seedrs.
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South Korean insurer buys 4.1% stake in lending Club for $66m

South Korea’s Hanwha Life Insurance has acquired a 4.1% stake in troubled peer-to-peer lending firm Lending Club. The insurer paid $66.3m for the stake.

HYPR grabs $3m for blockchain biometric authentication

Blockchain biometric security company HYPR has picked up $3m in a new round of funding from RTP Ventures, Boldstart Ventures and Mesh Ventures.

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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