FinTech News

Swiss Re Corporate launches new cyber insurance policy

Swiss Re Corporate Solutions has developed a new cyber insurance product in conjunction with French cybersecurity company OZON.

Databricks closes $250m Series E round, values at $2.75bn

Unified analytics platform Databricks has raised $250m in a Series E funding round led by Andreessen Horowitz. Databricks' unified analytics platform supports collaboration between data science and...

FinTech investor Third Prime looks to almost triple AUM with Fund II raise

Seed and Series A-stage venture capital house Third Prime is back in the fundraising market eyeing up to $60m for its second vehicle.

CoverHound nets $58m in Series C to support growth of cyber insurance policy

CoverHound, a property and casualty insurance platform, has netted $58m for its Series D round of funding. The round was led by global specialist insurer...

Komprise pulls in $24m in Series C led by Top Tier

Intelligent data management platform Komprise has pulled in $24m in its Series C round of funding.

Indio raises $20m in Menlo Ventures-led Series B round

San Francisco-based InsurTech Indio has raised $20m in its Series B funding round led by FinTech investor, Menlo Ventures.Menlo was joined in the round...

Payments company SafeCharge launches new eKYC tool

SafeCharge, a provider of payment processing software to businesses, has launched a new automated digital identity solution. Identity Manager uses automation technology to streamline complex...

The Global Financial Innovation Network launches along with first pilot

The Global Financial Innovation Network (GFIN), an initiative created by a number of international regulators and related organisations, has launched operations. GFIN is a network...

Lifescore Labs launches consumer-facing risk-scoring solution

LifeScore Labs, the risk-scoring InsurTech subsidiary of Massachusetts Mutual Life Insurance (MassMutual), has launched a new consumer-facing risk scoring tool. MyLifeScore360 is a free online...

Clover Health bags $500m in latest funding round

InsurTech Clover Health has reportedly raised $500m in a funding round led by existing backer Greenoaks Capital. The round which is set to close in the...

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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