FinTech News

How to see the ESG requirement as a data challenge

Financial services companies that want to meet investor requirements for ESG compliance will find that it boils down to a data challenge, claims Confluence president and COO Todd Moyer.

Anthemis on public InsurTech woes, backing female founders and the sector’s future

Anthemis Group, a cultivator of change in the financial system, was the most active InsurTech investor in 2021, participating in a total of 11 transactions. FinTech Global sits down with the prolific VC to discuss what exactly it sees in the InsurTech industry.

Plum Life secures seed for digital life insurance platform

InsurTech Plum Life has closed a $5.3m seed round led by ManchesterStory to grow its agent-only digital life insurance platform.

Cover Whale and dreyhev in pursuit of creating safer roads

Cover Whale Insurance Solutions is partnering with dreyhev to build a risk-based technology process to transform commercial auto insurance.

Acrisure sets foot in Spain with Summa Insurance

Global insurance broker Acrisure has acquired Spain-based Summa Insurance Brokerage, marking its entry into its tenth global market.

Verisk in Opta take-over for data-driven risk management

Global data analytics provider Verisk has acquired provider of property intelligence solutions Opta with the goal of reshaping risk management.

Saudi Arabia-based crowdfunding platform Funding Souq secures $2.5m

Saudi Arabia-based crowdfunding platform Funding Souq has raised $2.5m in its seed round, which was backed by a host of angel investors.

Hacking gangs pick sides in developing Russia-Ukraine conflict

Hacking groups are beginning to choose sides on the Russia-Ukraine conflict as the invasion of Ukraine continues to heat up.

Investment software Delio nets funding

Delio, which helps financial institutions connect their clients with private investment opportunities, has collected $8.3m in funding.

Shares unveils social investing app following $40m Series A

Social and investing app Shares has launched its first product following the closure of a Series A funding round that raked in $40m.

News Stories

The $bn water risk problem insurers can no longer ignore

The billion dollar water risk problem insurers can no longer ignore

Water damage remains one of the most underestimated risks facing modern buildings, creating significant challenges for insurers, property owners and facilities managers as hidden...
FinTech

Investors turn up the heat with $1.9bn raised in FinTech this week

Across the 19 deals reported on by FinTech Global this week, there was a grand total of $1.95bn raised by FinTech firms, reflecting a...
Why banks can't afford years-long payments overhauls

Why banks can’t afford years-long payments overhauls

Payments modernisation has become the defining boardroom debate in banking, and according to Tieto, the banks that move in months rather than years will...
Why the annual review may become a premium service

Why the annual review may become a premium service

The annual review is itself under review, and according to WealthTech provider Ortec Finance, the commercial consequences could be profound. The Financial Conduct Authority's consultation...
Why affidavits of unchanged status matter for W-8 compliance

Why affidavits of unchanged status matter for W-8 compliance

Firms handling cross-border payments face mounting pressure to keep payee documentation accurate, and according to compliance specialist Comply Exchange, affidavits of unchanged status are...

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