FinTech News

Sapiens, provider of software solutions for the insurance industry, has partnered with cloud-based SaaS provider Charlee to leverage artificial intelligence (AI) and machine learning (ML) for property & casualty (P&C) insurers.

Italy’s Generali is to acquire insurance company La Médicale as it looks to expand its health and protection lines and the overall property & casualty (P&C) business in France.

Assurity Life Insurance Company has launched criticalillness.com, a complete self-service platform for buying critical illness insurance.

Socotra, a cloud-native platform for insurers, has partnered with Spixii to enable insurers to integrate Spixii’s conversational automation with Socotra’s core platform, a report by Coverager has revealed.

Challenger bank KOHO has raised C$210m from a Series D funding round as the company continues on its upward growth trajectory.

Bahrain-based cryptocurrency exchange Rain has collected $110m in its Series B funding round. The investment was co-led by Paradigm and Kleiner Perkins, with commitments also...

Cybersecurity company Passage has secured $4m from a funding raise after emerging from a period of stealth.

Investments into Climate FinTech companies raised $1.2bn in 2021, which is three-times higher than all of the previous years combined, a new report from CommerzVentures claims.

Cybersecurity firm PlexTrac has secured $70m from a Series B funding round headed by Insight Partners.

Brazilian InsurTech startup 180° Seguros has netted $31.4m in its Series A funding round, which was led by 8VC.