FinTech News

White Mountains Insurance Group, Ltd. is set to acquire a majority stake in Bamboo Ide8 Insurance Services, LLC Bamboo, a managing general agent (MGA) specialising in the California homeowners insurance market.

White Mountains Insurance Group to acquire majority stake in Bamboo Ide8 Insurance Services

White Mountains Insurance Group, Ltd. is set to acquire a majority stake in Bamboo Ide8 Insurance Services, LLC Bamboo, a managing general agent (MGA) specialising in the California homeowners insurance market.

Rain Capital brings in $10m for cybersecurity fund

Rain Capital has raised $10m for a new fund focused on early-stage cybersecurity companies in Silicon Valley.
faye-bags-$10m-to-reimagine-travel-insurance

Travel InsurTech Faye bags $10m in series A to reimagine travel insurance

Faye, a burgeoning travel insurance start-up, has raised $10m in its Series A funding round.

How innovative KYC practices can help financial institutions stand out

Wherever you look in the financial sphere, the competition is fierce. Attention is at a premium in the modern digital world, meaning financial institutions need to find a way to grab this attention with both hands.

Why recent global crises are changing compliance

Compliance is changing. In a world transformed by the pandemic, many companies are now conducting their compliance processes online. However, the continuing upheavals worldwide are altering the way compliance itself is conducted.

N26 outlines preparations for IPO by end of 2022

The CEO of German banking firm N26 has said the firm will be prepared for an initial public offering by the end of this year.

NatWest uses Featurespace’s tech to fight financial fraud

Crime prevention software developer Featurespace has been enlisted by NatWest to protect the bank's customers against fraud.

Raisin Bank to enter payments market through new acquisition

Raisin Bank, a German banking-as-a-service company, is set to enter the payments sector after agreeing to buy a unit of Bankhaus August Lenz.

Fraud detection platform Feedzai forays into the unicorn club after $200m round

AI-based fraud detection firm Feedzai has landed a $200m round of funding with a valuation of over $1bn.

Calamu lands $16m investment to fuel expansion

Calamu, a company that is building technology to help firms recover from ransomware attacks, has bagged $16.5m in funding.

News Stories

Siemens reinforces its pioneer status with new €300m blockchain-based digital bond

Siemens reinforces its pioneer status with new €300m blockchain-based digital bond

Siemens AG, a frontrunner in technological innovations, has issued a new digital bond, reinforcing its position as a pioneer in the FinTech sector.
American Binary secures $1m investment from HEST to enhance quantum encryption

American Binary secures $1m investment from HEST to enhance quantum encryption

American Binary, a trailblazer in post-quantum encryption technologies, has recently secured a strategic investment.
Hypernative secures $16m in Series A to enhance Web3 security solutions

Hypernative secures $16m in Series A to enhance Web3 security solutions

Hypernative, a leader in Web3 security solutions, has successfully secured a $16m Series A funding round.
The Investment Association (IA) opens its 8th FinTech accelerator

The Investment Association (IA) opens its 8th FinTech accelerator

The Investment Association (IA) has officially launched the application phase for the eighth iteration of its esteemed Engine Innovator Programme, a pivotal accelerator designed to spur FinTech advancements within the investment management sphere.
Revolut escalates global presence with new BillPay for businesses, revenues hit $500m

Revolut escalates global presence with new BillPay for businesses, revenues hit $500m

Revolut Business has announced that its global revenues now exceed $500m (£380m), alongside monthly transaction volumes of £17bn.

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