FinTech News

Motorq, a connected car API company, has secured $40m in Series B funding in a round led by Insight Partners.

Five Sigma, a cloud-native claims management solution provider, has launched a native integration with Medlogix to deliver more efficient and accurate medical claims processing for its US customers.

InsurTech bolttech has completed the acquisition of AVA Insurance Brokers and AVA Insurance Agency, a Singapore-based insurance intermediary and specialist broker.

Southeast Asia digital banking and finance platform Akulaku has received a $100m strategic investment from Thai full-service bank Siam Commercial Bank.

Genesis, which builds applications for financial markets organisations, has raised $200m in funding.

Funding Societies, an SME lending platform aimed at Southeast Asia, has closed its oversubscribed Series C+ round on $144m.

India-based InsurTech company HealthySure has reportedly raised $1.2m in its pre-Series A funding round.

Digitisation has taken the world by storm these past couple of years. Firms have accelerated their efforts to digitise their operations. Scanbot has outlined the five biggest benefits firms can experience from digitising their documents.

As cryptocurrency continues its break-neck rise in popularity and usage, the calls by lawmakers and the financial industry for its greater regulation are getting louder and louder.

JP Morgan has become the first bank to join the metaverse, opening a virtual room on Decentraland, a decentralised virtual world.