FinTech News

Lulalend, a South African digital lender catering to SMEs, has finalised a $35 million Series B funding round.

MyDocSafe has announced an integration with Act!, a customer relationship management and marketing solution for SMEs.

Brazilian digital life insurance provider Azos has raised $10m in a Series A funding round led by Prosus Ventures, a report by Coverager has revealed.

Evertas, a crypto insurance company, has raised $14m in Series A funding to bring a ?much-neededrisk transfer to the under-insured Web3 world.

Centbee, a facilitator of digital money payments on the Bitcoin blockchain BSV, has secured $1m in its pre-Series A round.  

London-based cybersecurity software platform CybSafe has reeled in £3.5m ($4.6m) through its Series A funding round.

In a time where the cryptocurrency industry is going from strength to strength, becoming authorised by a financial services regulator is the crucial aim for industry players.

Intelligo, an AI-powered background risk intelligence platform for investment due diligence, has collected $22m in growth funding.

Kredivo, an Indonesia-based digital credit platform, has collected $20m in a new debt line to support its growth in the country.

As we step into the second half of 2024, the InsurTech landscape is poised for significant advancement. Emerging technologies such as AI, machine learning, and large language models are set to revolutionise risk assessment, underwriting, and customer experiences. Meanwhile, there is a growing emphasis on ESG considerations bubbling up under the surface.