Funding Platforms

Leading US banks to pilot low credit score credit scheme

Some of the biggest US banks have signed up for a government-supported pilot program aimed at using alternative data to provide credit for people with low or no credit score.

BaaS platform Omnio bags €30m as it vies for European expansion

UK banking-as-a-service (BaaS) company Omnio has raised €30m in funding in a round led by GrayBella Capital.

Zenlayer eyes enhanced cloud footprint following $50m Series C

US edge cloud service provider Zenlayer has closed a $50m Series C financing round led by Anatole Investment.

Huobi introduces VC subsidiary with $100m backing

Seychelles-based blockchain technology firm Huobi Group has launched a subsidiary aimed at growing its venture investment portfolio.

Block.one backs new cryptocurrency exchange subsidiary with $10bn influx

US blockchain software company Block.one has invested $10bn into its new cryptocurrency exchange subsidiary Bullish Global.

Home value app Plunk closes $6.5m seed round

Seattle-based financial services company Plunk has concluded a $6.5m seed round led by Unlock Venture Partners. The round also included participation from Sony Innovation...

Absolute Software set to purchase NetMotion for $340m

Canadian endpoint resilience solutions provider Absolute Software has agreed a deal to acquire security management platform NetMotion for $340m in cash.

DevOps firm Cycode bags $20m Series A to expand sales, marketing reach

DevOps security enterprise Cycode has raised $20m from a Series A funding round led by Insight Partners.

CloudWalk rakes in $190m Series B to bolster domestic presence

Brazilian payment technology firm CloudWalk has raised $190m from a Series B funding round.

Virginia VC closes seed, pre-seed fund to support LatAm FinTechs

Virginia-based venture capital enterprise Qed Investors has concluded a $12m network-driven fund to bolster seed and pre-seed FinTech companies in Latin America.

News Stories

CIBC Innovation Banking invests $10m in AI pioneer Boosted.ai for expansion

CIBC Innovation Banking invests $10m in AI pioneer Boosted.ai for expansion

Boosted.ai, a Toronto-based company specializing in automating investment management through AI, has received a significant boost with a $10m growth capital infusion from CIBC Innovation Banking.

Push for standardisation in bank transition plans amidst rising regulatory scrutiny

The Sustainable Finance Lab has called for enhanced standardisation in banks' transition plans to facilitate better comparability and alignment across the financial system.
CLARA Analytics, a leading provider of AI-driven technology for insurance claims optimisation, has announced two significant executive hires.

CLARA Analytics strengthens leadership team with new hires

CLARA Analytics, a leading provider of AI-driven technology for insurance claims optimisation, has announced two significant executive hires.
Cyan AG has joined forces with Wefox Austria, a SaaS platform that caters to insurance brokers, to launch a new cybersecurity and insurance offering.

Wefox and Cyan AG launch cyber insurance app

Cyan AG has joined forces with Wefox Austria, a SaaS platform that caters to insurance brokers, to launch a new cybersecurity and insurance offering. The...
Prudential, a multinational life insurance and financial services company, has partnered with Google Cloud to build the future of insurance with AI.

Prudential partners with Google Cloud to build the future of insurance with AI

Prudential, a multinational life insurance and financial services company, has partnered with Google Cloud to build the future of insurance with AI.

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