FinTech News

California-based Bigstream closes Series A

Big data and machine learning solution platform Bigstream has closed its Series A round of funding.

RBI stiffens digital lending norms to prevent excessive rates

The Reserve Bank of India (RBI) has tightened norms for digital lending to prevent the charging on excessive rates and also check unethical loan recovery practices.

Chaser collects £3m in growth funding led by Fuel Ventures

Chaser, which follows-up with customers with outstanding bills, has collected £3m in a growth funding round.

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.

Robinhood increases valuation to $7.6bn after $323m Series E close

Robinhood, a retail investing and trading mobile app, has closed a $323m Series E, upping its valuation to a colossal $7.6bn.

Customers can now use voice commands to find insurance on Samsung devices

Online life insurance broker Quotacy has joined Samsung’s Bixby Marketplace as a developer partner.
Neo-lender Silvr lands €200m securitised facility deal

Neo-lender Silvr lands €200m securitised facility deal

Silvr, an innovative neo-lender focused on serving small and medium-sized enterprises (SMEs), has achieved significant strides in the past few years since its inception in 2020.
Probely

Probely lands $7.7m in Series A raise

Probely, a San Francisco-based provider of a cloud-based dynamic application security testing solution, has netted $7.7m in a Series A round.

Global Blockchain & Cryptocurrencies investment increased almost four-fold since 2015

Global Blockchain & Cryptocurrencies volume of deals hit a five year high of 161 transactions in 2019Blockchain & Cryptocurrencies companies collectively raised over $14.2bn...

TruNarrative partners with French AI firm Bleckwen to expand its financial crime solution

Leeds-headquartered TruNarrative’s financial crime platform has added Bleckwen, the French fraud detection and prevention specialist, to the fold.

News Stories

Swiss Re, a leading global re/insurance provider, has announced that it will deploy mea Platform's GenAI solution across its insurance and reinsurance operations.

Swiss Re to deploy mea’s GenAI solution across its insurance and reinsurance operations

Swiss Re, a leading global re/insurance provider, has announced that it will deploy mea Platform's GenAI solution across its insurance and reinsurance operations.
Zumo

Zumo sets industry standard with MiCA-compliant sustainability module

Zumo has made a significant stride in regulatory compliance by incorporating MiCA-compliant sustainability metrics into its Oxygen product. According to Finextra, as the deadline for...
Intezer

Intezer secures $33m in Series C to boost AI-driven cybersecurity capabilities

Intezer, a cyber leader renowned for its AI-powered security operations technology, has pulled in $33m in Series C funding.
Go.Compare has announced that it will integrate Optalitix’s distinctive motor and home insurance pricing solution, supported by Quantee, into its platform for insurers.

Optalitix and Go.Compare collaborate to streamline insurance pricing with Quantee’s technology

Go.Compare has announced that it will integrate Optalitix’s distinctive motor and home insurance pricing solution, supported by Quantee, into its platform for insurers.
RunSafe

RunSafe Security secures $12m in Series B to bolster global cyber defenses

RunSafe Security, a CyberTech known for its unique software immunization process, has completed a $12m Series B financing round.

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