Funding Rounds

Cashmere raises $3.6m in seed funding to enhance wealth management client acquisition

Cashmere raises $3.6m in seed funding to enhance wealth management client acquisition

Cashmere, a pioneering WealthTech startup, has successfully raised $3.6 million in seed capital. The funding round was spearheaded by FinTech venture specialists, Canapi Ventures.
Sigo Seguros, a car insurance startup focused on underserved communities, has raised $10.5m in a Series A funding round.

Sigo Seguros bags $10.5m to expand car insurance offerings

Sigo Seguros, a car insurance startup focused on underserved communities, has raised $10.5m in a Series A funding round.
Twenty7tec enhances UK FinTech sector with £16.5m fundraise

Twenty7tec enhances UK FinTech sector with £16.5m fundraise

Based in Bournemouth and established in 2014, Twenty7tec has become a significant player in the UK's mortgage technology scene, increasingly popular among wealth advisers.
FlapKap raises $34m in pre-Series A funding to transform SME financing in MENA

FlapKap raises $34m in pre-Series A funding to transform SME financing in MENA

FlapKap, the Abu Dhabi-based FinTech leader, announced today it has secured $34m in combined debt and equity during its latest pre-Series A funding round.
Automation and artificial intelligence (AI) are transforming industries worldwide, and the insurance sector is no exception. For insurance companies, efficiently handling claims and processing large volumes of customer inquiries is a crucial aspect of maintaining customer satisfaction and operational excellence. As the volume of claims increases, insurers are under pressure to find solutions that not only streamline workflows but also improve accuracy and reduce response times. This is where companies like Simplifai can make a difference. 

Bank of London secures £42m in oversubscribed funding round

Bank of London, a UK-based clearing bank and embedded banking service, has announced a successful £42m funding round.
Thatch, a health benefits startup, has raised $38m in a Series A funding round led by Index Ventures and General Catalyst.

San Francisco-based Thatch raises $38m to revolutionise health insurance benefits

Thatch, a health benefits startup, has raised $38m in a Series A funding round led by Index Ventures and General Catalyst.

Solid week for FinTech deals with 28 recorded

A total of $459m was raised across all the FinTech deals that were recorded this week by FinTech Global.  Leading the way of all the...
Cobre raises $13m to enhance CFOs' payment management in Colombia

Cobre raises $35m to enhance CFOs’ payment management in Colombia

Cobre, a Colombia-based startup, has recently secured a significant investment, announcing a $13m funding round to revolutionize corporate payment processes.
MirrorWeb secures $63m growth funding from Mainsail Partners for RegTech innovation

MirrorWeb secures $63m growth funding from Mainsail Partners for RegTech innovation

MirrorWeb, a prominent player in the digital communications archiving and regulatory compliance software arena, has successfully secured a $63m growth equity investment from Mainsail Partners.
Nayya captures strategic investment from Workday Ventures to refine benefits technology

Nayya captures strategic investment from Workday Ventures to refine benefits technology

Nayya, an innovative employee benefits platform, today announced a strategic investment from Workday Ventures.

News Stories

EU instant payment rules: banks risk being left behind

EU instant payment rules: banks risk being left behind

With European regulators tightening deadlines around instant payment security, financial infrastructure firm Tietoevry Banking is warning that bank hesitation on Verification of Payee (VoP)...
How the FCA is rewriting the rules on RegTech innovation

How the FCA is rewriting the rules on RegTech innovation

For years, the prevailing assumption in technology circles has been that regulation and innovation are fundamentally at odds. Napier AI's experience inside the Financial Conduct...

ACI and EPI target Europe’s payments fragmentation

ACI Worldwide, a global payments technology firm listed on NASDAQ, has become a principal member of the European Payments Initiative (EPI) and will integrate...
MRLO

The hidden culture problem behind weak MLRO engagement

There is a pattern that most money laundering reporting officers (MLROs) will recognise immediately. A request goes out for inputs to the financial crime...
Canada

Canada’s FCA bill puts FinTech compliance on notice

Canada's fragmented approach to tackling financial crime has drawn sustained criticism for years. Responsibility for investigating money laundering, fraud, and sanctions offences has historically...

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