FinTech News

InsurTech platform EIS scores $100m funding from TPG to drive growth

San Francisco-based insurance technology firm EIS scored $100m in new growth funding from private equity investor TPG.

Insurely collects €2.5m to further the growth of its team

Insurance software developer Insurely has collected €2.5m to support the expansion of its team.
TradersYard

€3.5m funding boost for AgenaTrader and TradersYard in fresh expansion bid

Galaxy Ventures GmbH, the parent company of Austrian FinTechs AgenaTrader and TradersYard, has announced its €3.5m investment.

South Africa-based Moove raises funding to grow auto financing service

Moove, which stylises itself as the world’s first mobility FinTech company, has collected $20m in funding from Absa Corporate and Investment Banking.

The Helper Bees partners with CNA to improve claim processes

Digital claims platform The Helper Bees has partnered with US commercial property and casualty insurance firm CNA to improve policyholders’ claims processes. As part of...

How incumbents can beat the rising threat of challengers

It is easy to assume financial incumbents will be around forever, as many have shown their resilience for hundreds of years; however, a new series of presentations from Nucoro show the threat to them is real.

Virgin Money revolutionizes retirement planning with new FNZ-backed pension product

Virgin Money, a leading financial services company, has announced the launch of its innovative pension offering, further bolstering its digital platform and enhancing its...

Aveni to help financial firms meet new consumer duty regulation with new platform

UK RegTech firm Aveni.ai has promised to help financial services companies meet new consumer duty regulation with the development of its Aveni Detect product.

French FinTech Coinhouse bags $17m in its Series B

Coinhouse, which claims to be France’s first cryptocurrency management and transaction platform, has raised $17m in Series B funding.
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Lemonade squeezes $33m more out of investors

Peer-to-peer insurance startup Lemonade has picked up $33m in a Series B round of funding according to an SEC Filing.

News Stories

US-based CyberTech companies dominated this week's FinTech funding

US-based CyberTech companies dominated this week’s FinTech funding

it was a strong week for US-based CyberTech companies, accounting for eight of the total 26 FinTech deals covered this week.  In total, FinTech Global...
Realm.Security secures $5m in seed funding to streamline cybersecurity data management

Realm.Security secures $5m in seed funding to streamline cybersecurity data management

Realm.Security, a startup tailored for cybersecurity, has stepped out of stealth mode and announced a $5m seed investment spearheaded by Accomplice and Glasswing Ventures.
Fora Financial boosts liquidity with a record $126.9m asset-backed securitization

Fora Financial boosts liquidity with a record $126.9m asset-backed securitization

Fora Financial, a prominent FinTech company providing financial solutions to small and medium-sized businesses (SMBs), announced today the closure of its third and largest asset-backed securitization (ABS) valued at $126.9m.
Novatus Global bolsters RegTech prowess with $40m investment

Novatus Global bolsters RegTech prowess with $40m investment

Novatus Global, a London-based leader in regulatory technology, has announced a significant growth investment of $40m from Silversmith Capital Partners, a growth equity firm located in Boston.
Ledgebrook's innovative push in InsurTech garners $17m Series B funding

Ledgebrook’s innovative push in InsurTech garners $17m Series B funding

Ledgebrook, the rapidly growing InsurTech firm, has successfully closed a $17m Series B funding round.

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