FinTech News

Direct Line to offer car insurance through car subscription platform Drover

The UK insurance giant Direct Line has partnered with car-subscription service Drover to insure its vehicle fleet.

honcho picks up FCA authorisation, raising funds to push next growth stage

Online insurance auction platform honcho is raising its latest round of funding, just months after it secured £830,000 through crowdfunding.
GEF

GEF fuels Brazil’s green future with $214m climate solutions fund

GEF Capital Partners has announced the successful final close of the GEF LatAm Climate Solutions Fund III, raising R$1.05 billion ($214m).
fintech-news

Israel’s Riskified pockets $25m for e-commerce fraud prevention

E-commerce fraud prevention firm Riskified has grabbed $25m in a round of funding led by Israeli growth fund Qumra Capital.
PayPal

PayPal Ventures backs payments processor Forage

Forage, a payments processor that makes it easier for grocers to accept SNAP EBT (formerly food stamps) payments online, has raised $22m from a Series A backed by PayPal.

Prodigy Finance raises $750m as it targets growth in China, Singapore and South Korea

Prodigy Finance, which helps students access international student loans, has reportedly collected $750m in a funding round.

Previse the latest company to secure grant from BCR

Digital instant invoice payment company Previse has received a £2.5m grant from Banking Competition Remedies' (BCR) Capability and Innovation Fund.
Handling health and lifestyle data involves several intricate challenges, primarily due to the sensitive nature of the information. Ensuring privacy is a top priority, and securing consent for data use can be complex, especially if not addressed early in the process. This often restricts analysis to internal use only, limiting the involvement of external experts and increasing the risk of bias due to broad consent requirements.

How dacadoo can help you navigate health and lifestyle data challenges

Handling health and lifestyle data involves several intricate challenges, primarily due to the sensitive nature of the information. Ensuring privacy is a top priority, and securing consent for data use can be complex, especially if not addressed early in the process. This often restricts analysis to internal use only, limiting the involvement of external experts and increasing the risk of bias due to broad consent requirements.

New Frontier Group partners with Mambu to improve its digital banking solution

Banking solution provider New Frontier Group has partnered with SaaS banking engine developer Mambu to improve its digital banking offering.

Sentinels selected by Dutch neobank Brand New Day

Sentinels, a transaction monitoring and client risk management platform, has been selected by Netherlands-based neobank Brand New Day to scale its anti-money laundering (AML) controls.

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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