Sector Updates

Starling Bank adds Nutmeg to its marketplace

UK challenger bank Starling Bank has added WealthTech Nutmeg to its marketplace.

UK InsurTech industry gives the spring budget’s measures a lukewarm welcome

Rishi Sunak, the chancellor of the Exchequer, announced a string of new initiatives to boost the InsurTech and FinTech industry as part of his first spring budget.

AgentSync secures $6.7m seed extension

InsurTech AgentSync has secured $6.7m in a new funding round led by Craft Ventures.

Australia’s biggest cryptocurrency exchange accidentally compromised over 270,000 customers’ accounts

Cryptocurrency exchange BTC Markets accidentally exposed more than 270,000 of its customers' email addresses and names by email.

Global core banking software market expected to be worth $16.38bn by 2027

The global core banking software market size is seemingly set for some impressive growth in the next seven years and is expected to reach a value of $16.38bn in 2027.

New reinsurer Conduit seals London’s third biggest IPO this year, value exceeds £826m

Newly-launched reinsurer Conduit Holdings has made a strong start to its time as a listed business after seeing its share value rise above its initial 500 pence offering in its first day of trading.

Lending, credit and financial planning app Updraft seals £16m equity and debt investment

Lending, credit monitoring and financial planning app Updraft has scored a £16m equity and debt funding round.

Justin Timberlake backs teen banking app Step’s $50m Series B round

Several celebrities, including Justin Timberlake, are among the investors behind teen banking app Step's new $50m Series B round.

Cyber attacks expected to increase in 2021

If you think 2020 was bad when it came to cyber crime, a new report suggests that 2021 could be even worse.

Anyfin investigated by Swedish Consumer Agency again

FinTech Anyfin has found itself in the Swedish Consumer Agency's crosshairs again after two new commercials possibly broke the law.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

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