FinTech News

It’s still a ‘minefield’ of challenges facing the InsurTech space

Getting InsurTechs to the point where they can test the product-market fit of their proposition is too prolonged and costly, according to InsurTech Gateway head of deal flow Charlie Evans.

Payments FinTech nsKnox raises $15m in Series A round

Corporate payment?protection start-up?nsKnox has raised $15m in a Series A investment round, as it plans the global expansion of its service platform.The round was...

Signaturit said to raise €7m in its Series A round

Signaturit, a provider of electronic signature technology, has reportedly raised €7m in its Series A funding round.

Preservation Capital follows insurtech underwriter deal with MGA Cove Programs buy

Financial services-focused private equity player Preservation Capital Partners has doubled down on its recent investment in insurtech underwriting company Ascent by picking up construction-focused underwriting specialist MGA Cove Programs.

Trio of new VC backers help payments business GoCardless to $75m Series E

A trio of new venture capital backers for UK-based payments business GoCardless have helped the company to $75m of Series E funding.

BaFin bans net short positions in shares of Wirecard

German financial regulator BaFin has issued a general administrative act prohibiting the establishment of net short positions in shares of Wirecard.

Alan pulls in €40m Series B, less than a year after previous funding round

Digital health insurance platform Alan has pulled in €40m in its Series B, coming less than a year after its Series A round. This funding...

Portag3 Ventures increases equity stake in Hellas Direct

Cyprus-based digital insurance company Hellas Direct has received an increased equity stake from Portag3 Ventures.

Augmentum Fintech, Prime Ventures help iwoca to £150m Series D funding round

Specialist VC investor Augmentum Fintech has joined Prime Ventures and others to help European small business lender iwoca to £150m of equity and debt capital.

European Commission releases list of 23 countries with weak AML/CTF processes

The European Commission has adopted a new list of 23 countries with weak anti-money laundering and terrorist financing regimes.

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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