FinTech News

VC-backed DataStax prepares IPO, enlists banks for underwriting – report

Venture capital-backed DataStax is reportedly preparing an initial public offering this year, that could value the data management platform at more than $1bn.

Warburg Pincus, VC pair back cyber threat detection and response developer eSentire

Warburg Pincus has led a $47m investment round in cyber threat detection and response business eSentire. Edison Partners and Georgian Partners also took part in...

Shift Technology accelerates growth drive following $60m Series C

AI-powered InsurTech Shift Technology is powering on with its expansion plans following a $60m Series C funding round led by Bessemer Venture Partners. The round, which was joined...

Cognizant acquires CSDR compliance platform Meritsoft

Cognizant has acquired Ireland-based Meritsoft, a provider of claim, tax and regulatory management services.

The CareVoice forms distribution partnership with Ping An Technology

The CareVoice, a Shanghai-based health InsurTech startup, has formalised a distribution partnership with Ping An Technology.

How can improved data access enhance insurance experiences for consumers

Partnering with companies in all industries can give insurance firms more in-depth data which will help to enhance customer experiences, according to Milan Sud, head of Innovation at AXA Partners UK.

Pie Insurance bags $45m in its Series B funding

Pie Insurance, a worker compensation insurance platform, $45m in its Series B funding round. Contributions to the round came from firms including SVB Capital, Sirius...

Onfido pulls in $50m in round led by Softbank and Salesforce

Identity verification platform Onfido has pulled in $50m in it’s funding round led by Softbank Investment and Salesforce Ventures.

Warburg to invest over $220m to help Leumi take bank share of Israel consumer,...

US buyout giant Warburg Pincus has reportedly plans to invest more than $220m to expand its new Israeli credit card portfolio company Leumi over the next five years.

Zeguro launches cyber insurance policies in all 50 US states

Zeguro, an end-to-end cybersecurity solution, has launched its cyber insurance services in all 50 US states.

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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