FinTech News

Sayata Labs secures $6.5m in its seed round of funding

Sayata Labs, a cybersecurity and cyber insurance platform for SMBs, has secured $6.5m in its seed round of funding and emerged from stealth.

Frontier Capital backs healthcare digital check-in, insurance eligibility provider Clearwave

Software and tech-enabled business services-focused growth equity firm Frontier Capital has invested in health system payments, insurance eligibility and digital check-in provider Clearwave Corporation.

Bowmark Capital takes London-listed Tax Systems private at £114m valuation

Mid-market UK buyout house Bowmark Capital has completed a take-private deal for AIM-listed Tax Systems which values the company at £114m.

Payments challenger Airwallex confirms unicorn status with DST Global-led Series C round

Cross-border payments challenger Airwallex has confirmed its unicorn status by passing a $1bn valuation through its latest funding round.

Mastercard agrees $300m cornerstone backing for IPO of PE-backed Network International

Mastercard has agreed to make a $300m cornerstone investment in the planned London IPO of private equity-backed payments processing business Network International.

Digit Insurance passes 2 million customers milestone

Digit Insurance, an India-based online insurance platform, has reached the two million customer milestone, just 16 months of being in operation.

SafetyWing partners with Eddy Travels to support medical cover when abroad

Digital travel medical insurance platform SafetyWing has formed a partnership with Eddy Travels.

The UK’s finance industry prevented a total loss of £1.66bn in fraud

The UK’s finance industry prevented a total of £1.66bn in fraud during 2018; however, £1.2bn was still stolen by criminals during the same period, a new study from UK Finance finds.

Australia said to be deploying additional AUD $550m to financial regulators

Australia has reportedly set aside an additional AUS $550m ($390m) in its new budget in order to boost regulations on its financial sector. These new...

Ebertlang finds new owner amid rise in regulatory compliance needs

Beyond Capital has agreed to sell SME software distributor Ebertlang to HQ Equita after less than two years in its portfolio.

News Stories

Slow week for FinTech with $557m raised across 16 deals

Slow week for FinTech with $557m raised across 16 deals

The UK leads the way in a slow week for FinTech, with just 16 deals completed globally and a total of $557.5m raised.  In a...
Glia introduces online calculator for benchmarking customer interactions in finance

Glia introduces online calculator for benchmarking customer interactions in finance

Glia, a pioneering force in customer interaction technology, has unveiled its latest innovation—the Unified Interactions Index Online Calculator.
TrueLayer lands $50m boost to pioneer pay-by-bank innovation in Europe

TrueLayer lands $50m boost to pioneer pay-by-bank innovation in Europe

TrueLayer, recognised as Europe's premier pay-by-bank network, has recently completed a significant fundraising milestone by securing an additional $50m.
Standard Life and Raindrop launch revolutionary free pension tracing service

Standard Life and Raindrop launch revolutionary free pension tracing service

Paysend, a pioneering UK-based FinTech company, has launched a new remittance solution, Paysend Libre, aimed at bolstering financial inclusion across Northern Central America.
WTW bolsters UK wealth management influence with strategic stake in Atomos

WTW bolsters UK wealth management influence with strategic stake in Atomos

WTW has announced its acquisition of a stake in Atomos, a prominent, advice-led wealth manager operating in the UK.

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