Sector Updates

UAE's Huspy secures new funding to build SuperApp for real estate

UAE’s Huspy secures new funding to build SuperApp for real estate

Huspy, a property technology company based in the UAE, has announced a new funding round led by Balderton Capital, with additional participation from existing investor Fifth Wall and other investors.
Blockchain innovator Alphaledger secures Series A funding

Blockchain innovator Alphaledger secures Series A funding

Alphaledger, a leading provider of blockchain infrastructure for fixed income assets, focused on the origination and development of autonomous clearing, announced the first closing of its Series A funding round.
Orca, a startup based in South Africa dedicated to combating fraud in emerging markets, has successfully raised €550K in an oversubscribed pre-seed funding round, according to a report from Tech Funding News.

Orca secures €550K to combat fraud in emerging markets

Orca, a startup based in South Africa dedicated to combating fraud in emerging markets, has successfully raised €550K in an oversubscribed pre-seed funding round,...
How machine learning is transforming AML controls in payments

How machine learning is transforming AML controls in payments

The future of anti-money laundering (AML) controls in the payments industry is increasingly being shaped by machine learning technology. Paysafe’s Giacomo Austin recently spoke with Napier AI to offer valuable insights into this transformation.
Auditboard

AuditBoard secures $3 Billion acquisition deal with Hg

AuditBoard has reached an agreement to be acquired in a transaction valued at over $3bn, by Hg.
Userfront

Userfront secures $5.3m to enhance SaaS identity solutions

Userfront, a transformative auth and identity platform for SaaS businesses, has concluded its latest funding round, raising $5.3m.
Aflac Incorporated, a prominent provider of supplemental health insurance in the U.S., has announced a strategic partnership with Nayya.

Aflac teams up with Nayya to revolutionise supplemental health benefits access

Aflac Incorporated, a prominent provider of supplemental health insurance in the U.S., has announced a strategic partnership with Nayya.
SiriusPoint, a global specialty insurer and reinsurer, has announced the appointment of Jim McKinney as Chief Financial Officer, effective June 3, 2024.

SiriusPoint welcomes Jim McKinney as new CFO to propel growth strategy

SiriusPoint, a global specialty insurer and reinsurer, has announced the appointment of Jim McKinney as Chief Financial Officer, effective June 3, 2024.
QuoteWell, a tech-driven insurance wholesale broker, and the Independent Insurance Agents of Texas (IIAT) have joined forces to enhance the wholesale brokerage experience for IIAT’s extensive network of over 9,000 agency members.

QuoteWell partners with IIAT to revolutionise insurance brokerage experience

QuoteWell, a tech-driven insurance wholesale broker, and the Independent Insurance Agents of Texas (IIAT) have joined forces to enhance the wholesale brokerage experience for IIAT’s extensive network of over 9,000 agency members.
BBVA, a prominent Spanish banking group, has signed a deal with OpenAI to implement ChatGPT across its workforce.

BBVA agrees deal with OpenAI to implement ChatGPT across its workforce

BBVA, a prominent Spanish banking group, has signed a deal with OpenAI to implement ChatGPT across its workforce.

News Stories

Sierra Leone's Metro Cable and Velmie team up for Vult: A revolutionary digital wallet

Sierra Leone’s Metro Cable and Velmie team up for Vult: A revolutionary digital wallet

Metro Cable, Sierra Leone's leading provider of high-speed gigabit internet access, and Velmie, a renowned banking technology provider, have teamed up to launch Vult, a modern digital wallet solution.
FE fundinfo acquires Dericon to expand in German wealth management market

FE fundinfo acquires Dericon to expand in German wealth management market

FE fundinfo, a key player in financial data services, has expanded its reach in the European market by acquiring Dericon, a German FinTech firm based in Frankfurt.
USA maintained its position as FinTech's central hub for deals this week, on a solid week for FinTech funding.

USA maintains spot as FinTech’s central hub in this week’s funding rounds

USA maintained its position as FinTech's central hub for deals this week, on a solid week for FinTech funding.
Financial wellness platform WeMoney secures $3m, plans $10m+ fundraise

Financial wellness platform WeMoney secures $3m, plans $10m+ fundraise

Australian financial wellness platform, WeMoney, has successfully completed a $3m fundraising round, further cementing its position as one of the country’s leading Open Banking players, according to FinTech Australia.
UAE's Huspy secures new funding to build SuperApp for real estate

UAE’s Huspy secures new funding to build SuperApp for real estate

Huspy, a property technology company based in the UAE, has announced a new funding round led by Balderton Capital, with additional participation from existing investor Fifth Wall and other investors.

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