FinTech News

With the financial industry a sector continuously ripe for disruption, the challenges surrounding risk and compliance in the industry are always evolving.

Majesco, a provider of cloud insurance software solutions for insurance business transformation, has partnered with CyberCube to support growing demand for cyber insurance products.

Salaryo, which provides freelancers and startups with financial flexibility, has collected $5.5m in its funding round.

The digital transformation of KYC activity has offered asset managers create more efficient onboarding processes in a market with increasing demands to manage risk.

American International Group (AIG) has entered into a strategic partnership with BlackRock whereby the company will manage certain AIG life and retirement assets.

Element Ventures is the name of a new fund aimed at supporting the UK FinTech industry. Now it has been revealed that Michael Spencer, founder of the NEX Group, has invested ?25m into the new ?100m fund.

InsurTech company Majesco has completed the acquisition of ClaimVantage, a global provider of enterprise claims software as well as absence and accommodation management for the life and annuity insurance market segment.

Pindrop, a pioneer in voice security and fraud detection, has announced a significant milestone, securing $100m in debt financing from Hercules Capital.

DeadHappy, a digital-first life insurance platform, has exceeded the £1.5m target for its crowdfunding campaign.

Cormint bags $30m and 400 BTC to scale Bitcoin mining in West Texas