FinTech News

With the world being forced to stay indoors and social distance, now is the time for insurers to focus on digitalising as we have “reached a tipping point”, according to digital experience platform ManageMy.

Global banking and investing app Winvesta has reportedly closed its seed round as it looks to boost its hiring efforts and product development.

Navro, formerly known as Paytrix, has secured $14m in its latest funding round and has concurrently announced that the Central Bank of Ireland has authorised its EMI licence.  

Accelex, a SaaS platform redefining alternative investment data management, has raised $5m in funding.

As part of a strategic partnership, ANZ will invest $50m for a minority equity stake in Pollination, a global climate change investment and advisory firm.

PT FinAccel Teknologi Indonesia, a directly controlled subsidiary of FinAccel, has acquired a majority stake in Bank Bisnis Internasional.

In Q1 2023, young investors exhibited a preference for US markets, while their older counterparts backed British funds, as per a recent report from smart money app Plum.

Greater Than, a global provider of driver crash probability and climate impact intelligence, has joined forces with Duck Creek Technologies, a leading provider of intelligent solutions in the property and casualty (P&C) and general insurance sector. These two FinTech giants are making strides in the world of InsurTech.

The FBI has declared that the cybercriminal behind the recent Colonial Pipeline was a ransomware variant known as DarkSide.

EpiFi, an Indian neobank, has reportedly raised $13.2m in its seed funding round as it gears up for the launch of its platform.