FinTech News

Cybersecurity platform SOC.OS said to raise £2m in funding round

SOC.OS, a cybersecurity platform, has reportedly raised £2m in a funding round to support the growth of its platform.

UK-headquartered H4 closes $27m funding round

H4 which creates and analyses documents, has closed a $27m funding round from J.P. Morgan, Goldman Sachs, Barclays and Linklaters.

AlgoTrader is introducing the future of trading

AlgoTrader is empowering banks and other financial institutions around the world. With its new crypto-solution WIRESWARM the scaleup is taking another step towards the...

Hong Kong-based Neat nets $11m Series A round

FinTech startup Neats has its mind set on upping its cross-border transaction service for SMEs after raising $11m in a series A round.

FinTech remains the biggest tech sector in the UK

While tech investment in the UK is soaring, FinTech has remained at the forefront, according to a new report from Tech Nation, the UK body for supporting UK tech entrepreneurs.

Monzo to hire 500 new employees and take another crack at paid accounts

UK-based challenger bank Monzo is planning to grow its staff from 1,500 to 2,000 and to relaunch its failed premium services.

N26 now boasts having 250,000 US customers

The German challenger bank N26 launched in the US in August, but already has 250,000 customers in the country.

ShardSecure scores seed investment from SineWave Ventures

ShardSecure, a data protection company, has closed its seed round to support platform development.

LeaseQuery receives $40m in Series A from Goldman Sachs

LeaseQuery, a lease accounting software solution, has received $40m in a Series A round from Goldman Sachs’ Merchant Banking Division.

Lloyds Bank builds “The Rat” to sniff out fraudsters before they attack

Lloyds Bank has created a new digital security tool to hunt down fraudsters before they have a chance to attack.

News Stories

A step-by-step guide to AI implementation in financial crime compliance

A step-by-step guide to AI implementation in financial crime compliance

AI is increasingly becoming a focal point of discussion, particularly in how compliance departments within financial institutions prepare to adopt AI technologies for client screening and align with necessary regulatory standards.
In today’s dynamic landscape, traditional insurance models are often lagging behind newer digitalised solutions, leaving consumers and businesses vulnerable to gaps in coverage and cumbersome policy management. Enter embedded insurance: a forward-thinking solution seamlessly integrating insurance products into existing platforms and transactions, revolutionising the way we protect assets and mitigate risks. But why is it becoming increasingly indispensable in our modern world?

Why is embedded insurance needed?

In today’s dynamic landscape, traditional insurance models are often lagging behind newer digitalised solutions, leaving consumers and businesses vulnerable to gaps in coverage and cumbersome policy management. Enter embedded insurance: a forward-thinking solution seamlessly integrating insurance products into existing platforms and transactions, revolutionising the way we protect assets and mitigate risks. But why is it becoming increasingly indispensable in our modern world?
London Underwriters, a leading national insurance wholesale broker, and Foxquilt Insurance, a pioneer in digital insurance solutions for small businesses and individuals, have announced a strategic partnership.

Foxquilt and London Underwriters unveil strategic partnership

London Underwriters, a leading national insurance wholesale broker, and Foxquilt Insurance, a pioneer in digital insurance solutions for small businesses and individuals, have announced a strategic partnership.
Nottingham Building Society has partnered with Uinsure, a leading insurance technology firm to provide seamless home insurance quotes to members in as little as 60 seconds.

Nottingham Building Society partners with Uinsure to provide faster home insurance quotes

Nottingham Building Society has partnered with Uinsure, a leading insurance technology firm to provide seamless home insurance quotes to members in as little as 60 seconds.
HKMA

HKMA spearheads Project Ensemble to revolutionise tokenisation standards

The HKMA has recently announced the establishment of the Project Ensemble Architecture Community to revolutionise tokenisation standards.

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