FinTech News

Kinsu to close down InsurTech app

Kinsu – an InsurTech for gadgets, bikes, and home content coverage – has announced that it is closing down its mobile app. The start-up has...

AppDetex nets $10m in Series B to support national sales efforts expansion

AppDetex, a digital risk protection service, has netted $10m in its Series B equity round, which will support the expansion of its national sales...

IDB Bank picks NICE Actimize to bolster AML processes

Autonomous financial crime management company NICE Actimize has been selected by Israel Discount Bank of New York (IDB Bank) to aid its AML processes.

Arch Insurance invests into InsurTech startup Archipelago

Arch Insurance International has made an undisclosed investment into MGA InsurTech startup Archipelago Risk Services.

Cybersecurity company NS8 closes $28m funding round led by Edison Partners

US-based e-commerce security and website performance company NS8 has closed a $28m funding round which was led by Edison Partners.

BriteCo raises $2m seed round to cover jewelry and luxury watch market

BriteCo – an InsurTech for the jewellery and luxury watch market – has raised $2m through its seed round. The company has secured investments from Trunk Club founder Brian...

MercadoLibre raises $2bn amid share offering, Paypal, Dragoneer invests

Latin American e-commerce platform MercadoLibre has raised $2bn from a public share offering and direct investments from PayTech giant PayPal among others. The company offered around $1.15bn of...

Technology developer Capgemini joins Hartford InsurTech Hub

Capgemini, a provider of consulting, technology and digital transformation services, has joined the Hartford InsurTech Hub.

Nationwide, Slice Labs partner to offer insurance for ride-share drivers

Nationwide has partnered with on-demand insurance startup Slice Labs to create an on-demand insurance solution for drivers working for a transportation network companies (TNC).

Why insurance is not ready for blockchain or AI

Insurance companies need to focus on digitalisation and utilising data’s full potential, before worrying about AI and blockchain technology, according to Insly founder and CEO Risto Rossar.

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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