FinTech News

Navigating the challenges of XML methodology in EMIR reporting

Navigating the challenges of XML methodology in EMIR reporting

The upcoming deadlines for applying changes to EMIR reporting for both the EU and the UK are fast approaching, with the EU's date set for April 29, 2024, and the UK's for September 30, 2024. Given these looming deadlines, Map FinTech has outlined what firms need to know.

InsurTech Giant Novidea Welcomes Erez Nissim as New CTO

Novidea, a leading innovator of a cloud-based, data-driven insurance management platform catering to brokers, agents, MGAs/MGUs, and wholesalers, has announced the appointment of Erez Nissim as their new Chief Technology Officer (CTO).

Risk and compliance firm Unit21 bags $45m in Tiger Global-led Series C funding round

Unit21, a risk and compliance infrastructure company, has recently announced the successful completion of a $45m series C funding round. The investment round, led by global investment firm Tiger Global and entrepreneur community South Park Commons in 2022, was a significant boost for the organisation.

Capchase delivers $100m funding boost to women and minority-led startups

New York-based Capchase, a foremost provider of financing solutions tailored for Software-as-a-Service (SaaS) companies, announced today a significant milestone in its 2021 initiative dedicated to supplying non-dilutive capital to women and minority-led startups.
Bdeo locks in €7.5m to revolutionise InsurTech with AI

Bdeo locks in €7.5m to revolutionise InsurTech with AI

Madrid-based InsurTech firm, Bdeo, known for its robust AI applications in the insurance and fleet industries, has successfully secured an additional funding of €7.5m.

Cybersecurity pioneer Invary attracts $1.85m in pre-seed funding

Invary, a cybersecurity trailblazer centred on identifying concealed malware and stopping expensive ransomware attacks, has successfully amassed pre-seed funding to propel its ground-breaking solution.
Sunrate clinches $56.1tn from Prosperity7 in series D-1 funding to bolster FinTech capabilities

Sunrate clinches $56.1tn from Prosperity7 in series D-1 funding to bolster FinTech capabilities

Sunrate, described as an intelligent global payment and treasury management platform, has proudly announced securing a significant investment from Prosperity7 Ventures. The growth fund, operating under Aramco Ventures, took the lead in Sunrate's latest D-1 funding round.

Tibo obtains Pre-A funding to combat AI data leak issues

Tibo, an innovative cybersecurity startup aiming to prevent data leaks when corporates use artificial intelligence (AI), has completed a successful Pre-A funding round. The latest...

Cyware bags £30m in AI-powered cyber fusion expansion

Cyware, a leading entity in the AI-driven Cyber Fusion platforms and automated threat intelligence sharing realm, has secured £30m in a Series C funding round.
Digital asset InsurTech leader OneDegree Group raises $55m in Series B

Digital asset InsurTech leader OneDegree Group raises $55m in Series B

Hong Kong-based OneDegree Group, a leader in digital asset insurance and generative AI-enabled InsurTech solutions, has successfully garnered a significant amount of funding in their recent investment round.

News Stories

Slow week for FinTech, with just $350m raised across 10 deals

It was a slow week for FinTech deals, with just $350m raised across 10 deals.  This represented a significant drop from the previous weeks. A...
How Majesco made the transition to becoming an AI-first company

How Majesco made the transition to becoming an AI-first company

While hype around AI has intensified recently, it has been around for decades, albeit confined to more niche and specific technology branches that lacked...
Allianz UK simplifies digital trading for SME brokers

Allianz UK simplifies digital trading for SME brokers

Allianz UK, the insurance giant, has refreshed its Complete Business proposition for digital trading, aiming to make it quicker and more straightforward for brokers...
WBS extends Quai Digital deal with fractional dealing

WBS extends Quai Digital deal with fractional dealing

WBS, a UK-based provider of dealing, custody and technology solutions for the investment sector, has agreed a five-year extension to its partnership with Quai...
Cardless strengthens executive team for next growth phase

Cardless strengthens executive team for next growth phase

Cardless, an AI-powered financial services platform that enables brands to launch and manage co-branded card programmes, has appointed Mark Troianovski as chief business officer...

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