Accel raises $575m fund to back European, Israeli startups
Global venture capital firm Accel has raised $575m for its sixth early-stage fund focused on European and Israeli startups. This latest fundraise brings Accel’s funds...
AkinovA receives regulatory sandbox approval in Bermuda
AkinovA has been given a regulatory sandbox licence by the Bermuda financial services regulator BMA to enable transfer of (re)insurance risks.
IA Capital leads Series B for commercial real estate deal data, analytics business CompStak
Commercial real estate deal data and analytics provider CompStak has picked up $12m of Series B financing led by IA Capital.
KOHO closes Series B round led by Portag3
Digital banking platform KOHO has closed its Series B round of funding which was led by Portag3 Ventures.
National Bank of Bahrain launches open banking services, a first for MENA region
National Bank of Bahrain (NBB) has become the first bank in the MENA region to launch open banking services for its customers.
Certua acquires insurance solution developer Surely
Data-based solution developer Certua has acquired cloud-based insurance software builder Surely Group for an undisclosed amount.
Banking Competition Remedies reveals 3 firms to receive grants
Banking Competition Remedies Ltd (BCR) has revealed the three firms to receive grants, which are worth a total of £80m, to support banking innovation.
Maria Health closes seed round to support growth in Philippines
Philippines-based InsurTech startup Maria Health has closed its seed finding round on an undisclosed amount. Contributions to the round came from investors including tyrb, Gobi...
Countingup partners with Hokodo to launch invoice insurance
Countingup, a small business banking and accounting app, has partnered with Hokodo to launch insurance for unpaid invoices.
Adopting technology does not require the loss of humans in insurance
Bringing in technology does not mean cutting down the number of jobs, instead, it frees humans to do what they do best, innovate, according to a panel at the Global InsurTech Summit.
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