FinTech News

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Capital Match bags funding from B Capital

SME loan provider Capital Match Singapore has reportedly bagged an undisclosed Series B round from B Capital.

Currencycloud explores the future of payments in APAC

Currencycloud, an international payment solution and infrastructure developer, has released a report exploring the future of payments in APAC.

Insurance broker Cover nets $16m in Series B

Insurance brokerage app Cover has closed its Series B round on $16m, with Tribe Capital acting as the lead backer.

Perimeter 81 closes Series B just months after its Series A extension

Zero-trust secure network Perimeter 81 has closed its Series B on $40m, coming just months after a Series A extension.
EBA

European banks show strength and resilience in 2023 stress tests, EBA claims

European banks have shown resilience in the face of a tougher stress test, according to a new report from the EBA.

FinTech app Toucan glides to $800k seed raise

FinTech startup Toucan has raised £800k from a seed funding round, exceeding its original target of £500k.

CMA highlights risks in AI foundation models market, vows robust regulatory measures

The Competition and Markets Authority (CMA) recently updated its stance on AI Foundation Models (FMs), signalling heightened regulatory scrutiny over market dynamics that could hinder competition.
fintech insurtech wealthtech regtech ai cybertech esg news

Square is set to acquire website developer Weebly in deal worth $365m

Payment processor Square is set to acquire Weebly, a website developer, in a deal worth around $365m.

Nordigen launches free API to solve the European “hot mess” of open banking

Credit scoring startup Nordigen has launched a new open banking API to solve the issue of expensive solutions in the market, taking a swing at companies like Tink and Plaid in the process.
fintech-news

New funding takes 51 Credit Card round to $400m

Chinese credit card management app 51 Credit Card Manager has raised $84m in what’s being described as a C+ round from Harvest Capital and Yintai Group.

News Stories

Akur8 and Heritage Insurance forge alliance to revolutionize insurance pricing

Akur8 and Heritage Insurance forge alliance to revolutionize insurance pricing

Heritage Insurance, a leading property and casualty insurance holding company based in Tampa, Florida, has teamed up with Akur8, known for its next-generation insurance pricing solutions powered by transparent machine learning.
PropEco raises £275k to revolutionize property risk management with climate focus

PropEco raises £275k to revolutionize property risk management with climate focus

PropEco, a Glasgow-based tech company, recently secured a seed investment of £275,000. The company is known for its advanced technology platform that evaluates the long-term value and viability of properties with an innovative approach.
Mylo partners with Fayr: Revolutionising insurance access for divorced parents

Mylo partners with Fayr: Revolutionising insurance access for divorced parents

Mylo, a leader in the InsurTech industry, and Fayr, an innovative mobile application aiding divorced parents, have formed a strategic partnership.
XTCC and Carbonmark forge new paths in carbon credit trading and transparency

XTCC and Carbonmark forge new paths in carbon credit trading and transparency

XTCC and Carbonmark have announced a strategic partnership aimed at democratising and scaling the carbon credit market.
compliance

Wordwatch report unveils legacy risks in compliance management

Research from Wordwatch has exposed significant vulnerabilities in the compliance archiving systems of regulated organisations in the UK.

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