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CanYaCoin closes ICO on AUD $12m, making it one of Australia’s largest

Blockchain powered services marketplace platform CanYaCoin has raised around AUD $12m in its ICO, making it Australia’s second largest coin sale.

Payments processing company EBANX nets $30m round

Brazil-headquartered payments processor EBANX has netted a $30m investment from FTV Capital.

InsurTech platform TPA Stream completes $800k seed round

Health insurance administration software company TPA Stream has completed an $800,000 seed financing round.
fintech-news

Big data company Trifacta raises $48m in funding round

Big data company Trifacta has raised a $48m funding round from new strategic investors including Google, and New York Life.
fintech-news

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.
fintech-news

Talmundo raises €1.3m for onboarding platform

Dutch HR startup Talmundo has raised €1.3m for its employee onboarding platform.
fintech-news

RELX buys ThreatMetrix in £580m deal

RELX Group is set to buy digital identity platform ThreatMetrix in a £580m (about $817m) deal.

BlueVine doubles loan sizes, just months after bagging a new credit facility

Online lending platform BlueVine has doubled the size of its invoice factoring service to up to $5m.

Trustly partners with Latvian national airline airBaltic

Trustly, a European provider of cross-border payments, has partnered with Latvian national airline airBaltic.
fintech-news

Oval Money storms past crowdfunding target, bagging 788k

Personal finance platform Oval Money has stormed past its crowdfunding campaign target, picking up £788,340.

News Stories

On July 19, 2024, cybersecurity giant CrowdStrike issued a routine software update. However, this time things went terribly wrong. The update, which was meant to enhance security, ended up causing major disruptions across industries worldwide. The faulty software quickly wreaked havoc on IT systems reliant on Microsoft's operating system, with insurance firm Parametrix estimating $5.4bn in damages were done to Fortune 500 companies alone. Jeff Heine, Chief Revenue Officer of Novidea delved into why this calamity underscores the need for modern, sophisticated insurance management systems.

Why the CrowdStrike outage highlights a need for modern insurance management systems

On July 19, 2024, cybersecurity giant CrowdStrike issued a routine software update. However, this time things went terribly wrong. The update, which was meant to enhance security, ended up causing major disruptions across industries worldwide. The faulty software quickly wreaked havoc on IT systems reliant on Microsoft's operating system, with insurance firm Parametrix estimating $5.4bn in damages were done to Fortune 500 companies alone. Jeff Heine, Chief Revenue Officer of Novidea delved into why this calamity underscores the need for modern, sophisticated insurance management systems.
Paymob

Paymob secures $22m to bolster digital payment infrastructure in MENA

Paymob, a trailblazer in the MENA financial services sector, has recently announced a substantial $22m extension to its Series B funding, culminating in a robust $72m total for the round.
Optalitix, a specialist in insurance and finance software, has raised $3m in a follow-on fundraising round led by its existing investor, Calculus Capital.

Optalitix secures $3m funding to drive insurance software innovation

Optalitix, a specialist in insurance and finance software, has raised $3m in a follow-on fundraising round led by its existing investor, Calculus Capital.
Flagright

Flagright welcomes First Digital as customer to enhance AML FinTech compliance

RegTech firm Flagright has welcomed First Digital Trust, known as First Digital, as its newest customer. 
Data

ESG Data & Solutions introduces ESGSure to transform ESG research

ESG Data & Solutions, a key firm in the environmental, social, and governance  sector, has introduced its latest innovation, ESGSure.

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