FinTech News

Counterpart, which stylises itself as the management liability InsurTech, has scored $30m in its Series B funding round.

UK-based circular economy platform Twig has received an investment from Global Blue Ventures, just months after it closed its Series A on $35m.

Nayya, a leading employees benefits experience and healthcare management platform, has raised $55m in Series C financing led by existing investor ICONIQ Growth.

Founded in 2011, IDmission helps businesses verify customers’ identity remotely. The enterprise’s platform supports face scans, fingerprints, video conferences, iris scans, selfies, voice recognition and a number of other ways of using biometrics to verify customers’ identities.

International insurance broker Howden has launched a Wildfire Excess Liability Lineslip (WELL) in response to the increasing need for insurance cover for contractors and subcontractors operating in wildfire-prone areas in the US, such as California, Washington, Oregon and Arizona.

PollenPay, the Manchester-based ‘Buy Now, Pay Later’ (BNPL) company has officially launched in the UK.

Blockchain data platform Chainalysis will supply its compliance software to the Bank of New York Mellon to help with cryptocurrency regulatory processes.

A recent study by Quantexa has found that up to 61% of those in financial services use or plan to use AI.

Otonomo Technologies, a mobile intelligence company, has entered into a definitive agreement to acquire connected insurance technology provider The Floow.

MAPFRE has launched a fast-track-to-market programme to attract initiatives from around the world that want to grow in the insurance market.