FinTech News

Corvus rakes in $10m Series A, just months after former round

Online insurance platform Corvus has raised $10m in its Series A round of funding, coming just months after closing its previous investment.

World’s first carbon insurer Kita scores seed funding

Kita, the world’s first carbon insurer, has closed a “heavily” oversubscribed pre-seed round on £350,000, which was led by seasoned investor Insurtech Gateway.
Position Green's essential guide to double materiality assessment

Position Green’s essential guide to double materiality assessment

In the ever-evolving realm of corporate sustainability, European entities are presently grappling with the intricacies of the Corporate Sustainability Reporting Directive (CSRD) and European Sustainability Reporting Standards (ESRS).

Hacking concerns cause delay to UK Conservative leadership vote

Voting in the UK’s Conservative Party leadership election has been delayed after government cyber experts raised concerns over potential hacking of members’ ballots.
Perfios, India's premier FinTech SaaS innovator, secures $80m investment

Perfios, India’s premier FinTech SaaS innovator, secures $80m investment

Perfios, India's leading B2B SaaS FinTech company, has successfully raised $80m in a funding round led by Teachers' Venture Growth (TVG), the late-stage venture and growth investment arm of the Ontario Teachers’ Pension Plan.

Marlin Equity acquires non-profit fundraising app FrontStream

Marlin Equity Partners has acquired FrontStream, a non-profit fundraising and corporate giving software developer.

Check Point set to bolster cloud security expertise with Avanan acquisition

Israeli cybersecurity firm Check Point Software Technologies has entered an agreement to buy cloud email security company Avanan for an undisclosed fee.
Foresight

Foresight Ventures unveils $10m incubator for Web3 startups

Foresight Ventures, a Singapore-based crypto fund, has introduced a $10m incubator program focused on supporting Web3 startups.
Strata

Strata nets $26m in Series B financing haul

Strata, a distributed multi-cloud identity orchestration firm, has secured $26m in a Series B funding round led by Telstra Ventures.
Kurdistan International Islamic Bank for Investment and Development (KIB), a private bank based in Iraq that offers Sharia-compliant financial services, has partnered with Azentio Software.

Azentio Software’s iMAL software set to power KIB’s digital transformation

Kurdistan International Islamic Bank for Investment and Development (KIB), a private bank based in Iraq that offers Sharia-compliant financial services, has partnered with Azentio Software.

News Stories

Visa reinvents account-to-account payments with enhanced consumer protections

Visa reinvents account-to-account payments with enhanced consumer protections

Visa has unveiled a new initiative, Visa A2A, set to transform the landscape of account-to-account (A2A) payments by enhancing consumer control and protection.
Sedric AI clinches $18.5m to pioneer AI compliance solutions in FinTech

Sedric AI clinches $18.5m to pioneer AI compliance solutions in FinTech

Sedric AI, a leading innovator in AI-driven compliance solutions for financial institutions, announced today that it has successfully secured $18.5m in Series A funding.
European software firm SecureFlag bags significant funding from Copilot Capital

European software firm SecureFlag bags significant funding from Copilot Capital

Copilot Capital, a pioneering private equity firm dedicated to nurturing the growth of European software companies, has announced a significant majority investment in SecureFlag, a dynamic software company known for its cutting-edge cybersecurity training solutions.
Fido raises $30m to boost financial inclusion in East and Southern Africa

Fido raises $30m to boost financial inclusion in East and Southern Africa

Ghana's fintech innovator, Fido, recently bolstered its financial capacity with a significant $30m Series B funding round.
Upsolve secures $4.2m Gates Foundation grant to launch financial counselling AI for low-income Americans

Upsolve secures $4.2m Gates Foundation grant to launch financial counselling AI for low-income Americans

Upsolve, renowned as the nation's top nonprofit financial education platform, has recently secured a substantial grant to further its mission.

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