FinTech News

Insight helps data compliance startup OneTrust to $1.3bn valuation in huge Series A round

Data compliance startup OneTrust has hit a $1.3bn valuation thanks to a huge Series A investment round led by private equity house Insight Partners.

Remitly latest funding round brings in $220m

Generation Investment Management has led a $135m Series E equity funding round for money transfer startup Remitly, as the business takes in a wider tranche of financing.

CrowdStreet raises $12m in just a month

CrowdStreet, an online marketplace for real estate investing, has raised $12m in Series C funding within just one month.

d1g1t closes CAD £12m funding round to support US growth

Wealth management company d1g1t has closed a CAD $12m ($9m) as it continues its expansion efforts across the US.

Subscription-based InsurTech closes €3.3m Seed round

Lovys, a monthly insurance subscription platform, has closed a €3.3m Seed round from three investors.

Bolt’s total funding hits $90m after $69m Series B round

San Francisco-based PayTech Bolt has secured $69m in its Series B funding round co-led by US-based venture firms Activant Capital and Tribe Capital. This latest round...

Investment platform Jacobi closes AUD $11m investment

Cloud-based investment platform Jacobi has closed a funding round on AUD $11m ($7.6m) from several US investors.

Banks should collaborate to build a unified platform to ease replacement of legacy systems

If legacy systems are to become redundant, broader industry platforms need to be available to help the small and medium sized banks evolve, otherwise, they will struggle, according to a panel at the Global RegTech Summit.

Menlo Security bags $75m in Series D round

Cloud security platform Menlo Security has raised $75m in its Series D funding round.

Setoo to offer UK consumers improved travel insurance via Omio partnership

Personalised insurance platform Setoo will improve its travel insurance offering in the UK through new partnership with European booking platform Omio. The deal will let...

News Stories

Majesco, a leading provider of insurance technology solutions, has announced the launch of its highly anticipated Fall '24 Release, which features a host of innovations designed to redefine the insurance industry.

Majesco unveils groundbreaking Fall ’24 Release to redefine insurance industry

Majesco, a leading provider of insurance technology solutions, has announced the launch of its highly anticipated Fall '24 Release, which features a host of...
MoneyHero is set to leverage bolttech’s cutting-edge insurance exchange technology to power its newly launched car insurance platform and enhance the consumer experience across Greater Southeast Asia.

MoneyHero and bolttech team up to revolutionise car insurance across Southeast Asia

MoneyHero is set to leverage bolttech’s cutting-edge insurance exchange technology to power its newly launched car insurance platform and enhance the consumer experience across Greater...
Admiral Group, a leading UK-based insurance provider, has announced that Cristina Nestares will step down as CEO of its UK Insurance business.

Admiral Group appoints new UK insurance CEO

Admiral Group, a leading UK-based insurance provider, has announced that Cristina Nestares will step down as CEO of its UK Insurance business. As part of...
investor

Exploring loss aversion: A new dimension in investor risk profiling

In a groundbreaking study published in the Journal of Banking & Finance, researchers have introduced a sophisticated method to quantitatively evaluate investor risk preferences, highlighting the importance of loss aversion.
Intersys, the leading UK-based provider of cyber risk management solutions, has announced it will be opening a dedicated office in London's Leadenhall Market, to meet the growing cyber security demands of the UK insurance industry.

Intersys launches dedicated cyber risk office in London to boost insurer protection

Intersys, the leading UK-based provider of cyber risk management solutions, has announced it will be opening a dedicated office in London's Leadenhall Market, to...

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution