FinTech News

Facing the challenges: Cyber Insurance market could rival major P&C lines by 2030

Howden, an international insurance broker, has launched its third annual report on cyber insurance titled 'Coming of Age'. The report forecasts the potential for the cyber insurance market to balloon to a hefty $50bn by 2030.

Anacapa Partners acquires communications FinTech platform Auronix

Private equity firm Anacapa Partners has acquired communications platform Auronix for an undisclosed amount.

24 FinTech funding rounds from the last week you should know about

From Stash’s $113m round to Okra collecting $1m in new investment, the last week has seen a smattering of FinTech companies raise money.

InsurTech company Sure nets $100m in its Series C round

Sure, an InsurTech helping firms unlock the potential of embedded insurance, has closed its Series C on $100m.
Mastercard

Mastercard and MDP form alliance for digital payments in MENA

Mastercard and MDP have announced a partnership to transform the payments landscape for banks and non-FIs in the MENA region.

NCR acquires payment processor JetPay in $184m deal

NCR Corporation has agreed to acquire end-to-end payment processing and human capital management company JetPay.

Zopa raises £44m to support the launch of new financial products

P2P lender Zopa has raised £44m in its largest funding round and will use it to launch a broader range of financial products.

Payroll data sharing platform Wage closes its fresh investment round on $5m

Wage, an infrastructure solution that helps people securely share payroll data with third-parties, has closed a $5m funding round.

Digit Insurance said to raise $70m investment

India-based InsurTech unicorn Digit Insurance has reportedly raised $70m from Wellington Hadley Harbor and Ithan Creek Master Investors.

Enfuce partners with Bud to bring its carbon tracking engine to UK

Finnish FinTech Enfuce has entered a collaboration with UK open banking firm Bud to bring the former’s carbon tracking engine to the UK market.

News Stories

Salv’s new e-book explores why collaboration is key in the battle against APP fraud

Salv’s new e-book explores why collaboration is key in the battle against APP fraud

A new e-book, co-created by Salv, Thistle Initiatives, and We Fight Fraud, offers a deep dive into the mechanics of APP (Authorised Push Payment) fraud, providing readers with a view from the victim’s perspective.
Savr and Incore Invest partner up to revolutionize Nordic equities trading

Wealth.com secures $30m in Series A funding to enhance AI-driven estate planning

Wealth.com, a pioneer in AI-enhanced estate planning, has announced a significant financial milestone, successfully securing $30m in Series A funding. The round was spearheaded by...
Savr and Incore Invest partner up to revolutionize Nordic equities trading

Savr and Incore Invest partner up to revolutionize Nordic equities trading

Sweden-based FinTech firm Savr has recently bolstered its platform through a significant financial boost from Incore Invest, a European investment company renowned for backing...
Sage's Carbon Measurement API: Empowering banks to enhance green lending

Sage’s Carbon Measurement API: Empowering banks to enhance green lending

Sage, known for its comprehensive suite of services in accounting, financial management, HR, and payroll systems, has introduced a new Carbon Measurement API.
Thomson Reuters and SAP collaborate to simplify ESG reporting for global businesses

Thomson Reuters and SAP collaborate to simplify ESG reporting for global businesses

Thomson Reuters and SAP, a leader in enterprise application software, have announced a new product integration.

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