FinTech News

FlowX.AI

AI enterprise innovator FlowX.AI rakes in $35m, eyes global expansion

FlowX.AI, an artificial intelligence enterprise application modernisation platform, has revealed a boost in its fundraising efforts.

SOMA raises ?50,000 in Round One funding from Business Finland

SOMA, a blockchain solution to facilitate trade and social interactions, has received an initial investment from Business Finland.

Sapiens and Charlee to leverage AI and ML for insurers

Sapiens, provider of software solutions for the insurance industry, has partnered with cloud-based SaaS provider Charlee to leverage artificial intelligence (AI) and machine learning (ML) for property & casualty (P&C) insurers.

Nigeria-based Cowrywise said to raise $3m in its pre-Series A round

Nigerian FinTech company Cowrywise has reportedly raised $3m in its pre-Series A round, which was led by Quona Capital.
ESG

Is ESG the next big legislative battleground?

Despite coming into the corporate lexicon in 2004, ESG remained fairly invisible for over a decade. With the fight for the climate heating up, ESG has become a huge part of the climate change discussion.
Oracle

Oracle debuts AI-powered compliance agent to revolutionise bank AML efforts

Oracle Financial Services, a sector within Oracle, is renowned for its robust solutions in finance, risk, and compliance product development.

How Revolut is planning to leverage the coronavirus to its advantage

Launching a bank in Lithuania was only the beginning, now Revolut has revealed part of its game plan to come out on top after COVID-19.

The European Central Bank seeks advice on new payments statistics regulation

The European Central Bank (ECB) has issued a public consultation regarding its new regulation on payments statistics.

Sokin deepens Mastercard partnership with Middle East and Africa jump

PayTech Sokin has signed a partnership agreement with Mastercard to support the roll-out of its fixed-price payment services across the Middle East and Africa.

SEA’s Grab partners with ZhongAn to create InsurTech platform

Singaporean ride-sharing business Grab has partnered with the international arm of ZhongAn to create a digital insurance platform for the Southeast Asia region. The joint venture will...

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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