FinTech News

SymphonyAI

SymphonyAI welcomes Adam Quinones to spearhead AI-driven trading division

SymphonyAI, a pioneer in predictive and generative AI SaaS products for enterprises, has announced an addition to its team.

Cape scores $33.1m in debt and equity funding

Australian expenses management platform Cape has raised $33.1m in debt and equity financing following a $30m debt facility and a $3.1m equity round.
Coterie, an InsurTech MGA simplifying small business insurance, has secured a significant boost in funding, announcing a raise of $27m.

Bengaluru-based FinTech Bright Money secures $62m

Bright Money, a consumer FinTech firm, has announced a successful closure of its latest funding round, amassing an impressive $62m.
Persefoni

Persefoni unveils new Scope 3 data collection exchange solution

Persefoni, a leader in climate management and accounting platform solutions, has unveiled its latest offering, the Scope 3 Data Exchange.
Property-intelligence-insurtech-betterview-partners-with-plan-for-inspection-software-for-property-insurance-market-AI-powered

Betterview teams up with Plnar for AI-powered property insurance product

Property intelligence InsurTech Betterview has partnered with Plnar, an AI-powered virtual inspection software for the property insurance market.
Slide

Regions Bank backs InsurTech innovator Slide Insurance with a robust $35m

Slide Insurance, a firm with a specialised focus on homeowners insurance, has announced a noteworthy stride in its financial journey.

France-based SME lender Defacto picks up €15m

Defacto, a credit infrastructure platform, has raised €15m in a funding round, which was led by Northzone.
classwallet-picks-up-minority-growth-investment-from-guidepost

ClassWallet picks up minority growth investment from Guidepost

ClassWallet, a digital wallet technology platform for federal, state and local education and government agencies, has raised a significant minority growth investment.

European Banking Authority to offer clarity on treatment of legacy instruments

The European Banking Authority (EBA) will offer clarity on the appropriate treatment of legacy instruments at the end of 2021, after the benefits of the grandfathering period will end.

GMEX invests into and partners with USAVE to create digital gold exchange platform

USAVE Blockchain has partnered with GMEX to create a digital exchange for physical gold.

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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