Funding Rounds

Torpago

Torpago secures $10m to boost white-label expense management platform

Torpago has successfully raised $10m in a Series B funding round to support its white-label commercial credit card and expense management platform tailored for banks.
Slow week for FinTech with just $176m raised across 13 deals - Read about them here

Slow week for FinTech with just $176m raised across 13 deals – Read about...

It was a slow week for FinTech deals, with just 13 deals completed and a total of $176m raised.  This was a relatively slow week...
FIS unveils new tool to tackle climate risks for businesses

FIS unveils new tool to tackle climate risks for businesses

FIS, a global leader in financial technology, has launched the Climate Risk Financial Modeler, a new SaaS risk offering designed to help businesses across all industries assess, reduce, and report their exposure to the physical risks of climate change.
Swiss FinTech Kaspar& secures CHF 2.5m seed funding, partners with Avaloq

Kaspar Secures CHF 2.5M Seed Funding

Swiss FinTech company, Kaspar&, has successfully closed its CHF 2.5m seed-financing round, marking a significant milestone for the firm. This round of funding included participation...
AI leader Indico Data raises $19m, partners with Guidewire

AI leader Indico Data raises $19m, partners with Guidewire

Indico Data, the industry's leading solution for automating critical intake workflows across the policy lifecycle, has announced the successful closure of a $19m funding round.
Continuity, a pioneer in leveraging artificial intelligence and external data for professional and commercial P&C insurers, has announced a €10m Series A funding round.

French InsurTech Continuity raises €10m to boost AI-driven risk assessment

Continuity, a pioneer in leveraging artificial intelligence and external data for professional and commercial P&C insurers, has announced a €10m Series A funding round.
SpyCloud

Cybersecurity startup SpyCloud secures $35m to combat account takeovers

Cyber startup SpyCloud has announced a successful funding round, raising $35m to further enhance its capabilities in account takeover prevention.
Liminal

RegTech leader Liminal raises $5m in seed round led by Fin Capital

Liminal, a leader in horizontal GenAI data security, has announced the successful raising of more than $5m in an oversubscribed seed funding round.
RepRisk

RepRisk launches Due Diligence Scores for enhanced ESG risk management

RepRisk, a tech firm that provides transparency on business conduct and ESG risks, launched its newest product: Due Diligence Scores.
Understory, a provider of insurance solutions against severe weather losses, has secured $15m in a Series A funding round.

Understory bags $15m in Series A for renewable energy sector

Understory, a provider of insurance solutions against severe weather losses, has secured $15m in a Series A funding round.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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