How will the coronavirus impact funding into InsurTech during and post the pandemic?
When major FinTech companies like Monzo suffer a down round, it can causes a cloud of fear over the market, but there will still be a need for digital financial and insurance solutions post-pandemic.
Why firms should be bolstering their ESG data collection
Financial services have needed to put an increased focus on environmental, social, and corporate governance (ESG) over recent years and 2024 looks set to only add to this.
PayTechs blaze a trail in this week’s funding rounds
In the 25 FinTech funding rounds reported by FinTech Global this week, PayTech and Crypto firms led the way with high levels of funding.
FIs lose up to 50% of revenue for poor cloud connectivity
Financial institutions have a “resilience paradox” that is costing them up to 50% of their revenue, according to a study from global infrastructure and connectivity provider BSO.
Vero Technologies bags $8.5m investment to transform wholesale financing for banks
Vero Technologies, a leading wholesale financing technology and loan servicing platform, has celebrated the completion of its $8.5m Series A funding round.
Raincoat, pioneering AI climate insurance in Puerto Rico, clinches $150k
Raincoat, a startup based in Puerto Rico, has received a significant financial boost with a $150k award from Google. This funding forms part of the...
Bookkeeping service provider Bench closes $18m funding round
Bookkeeping service provider Bench has closed an $18m Series B-1 funding round led by iNovia Capital.
Stori becomes the latest FinTech unicorn in Mexico
Credit card company Stori has become the latest Mexican company to join the unicorn club, following the close of a $150m Series C-2 funding round.
Verisk in Opta take-over for data-driven risk management
Global data analytics provider Verisk has acquired provider of property intelligence solutions Opta with the goal of reshaping risk management.
Current brings Series A total funding to $10m, following new investment
Child-focused personal finance platform Current has raised an additional investment to its Series A round from Fifth Third Bancorp, bringing the total funding to $10m.
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