FinTech News

In a field built upon numbers, data can be considered the cornerstone of success. In the InsurTech realm, this feeling is no different. But as modernisation and digitisation becomes ever more paramount in the business world, the transformative potential that harnessing accurate data has advanced tenfold.

Visa , a global titan in digital payments, has struck a definitive deal to acquire a majority interest in Prosa, a pivotal player in Mexico's payment processing sector. This move aims to fast-track the adoption of innovative and secure digital payments in Mexico.

Cyber risk company Black Kite has raised $22m from a Series B funding round led by Volition Capital.

Amplifi Capital (U.K.) Limited has successfully secured £22.5m in mezzanine financing from M&G Investments.

battleface, a global travel insurance company, has launched Robin Assist, a new tech-driven platform as a service.

Having been found guilty of inside trading in June 2019, a former day trader has now been ordered by Southwark Crown Court to pay £3.9m via a consent confiscation order.

Cybersecurity solutions Syncurity has closed its $2m seed round which was led by the Maryland Technology Development Corporation (TEDCO).

Plenti Group Limited, a FinTech company specialising in providing innovative financing solutions, has announced the launch of its HEUF discounted green loans.

Online payments and subscriptions developer FastSpring has picked up an undisclosed majority investment from Accel-KKR.

P2P short-term lender Welendus has surpassed its initial crowdfunding target, with it pulling in £178,331, so far.