Sector Updates

InvestCloud acquires Advicent to help bridge the advisor-client communication gap

Cloud-based financial solutions developer InvestCloud has acquired Advicent, a provider of cash flow, trust and tax financial planning.

Locket locks up £1m in crowdfund

Locket, the prevention-first insurance provider has opened its crowdfund to the public this week, and already secured £1m against a target of £750k. The insurance...
InsurTech firm TNEDICCA, which specialises in auto insurance, has announced the appointment of a 30-year insurance veteran to its board.

Insurtech TNEDICCA appoint 30-year insurance veteran to its board

InsurTech firm TNEDICCA, which specialises in auto insurance, has announced the appointment of a 30-year insurance veteran to its board.
fintech insurtech wealthtech regtech ai cybertech esg news

Banking, compliance platform Railsbank nets £1.2m

Open banking platform Railsbank has netted £1.2m in a funding round led by Firestartr.

solarisBank closes Series C round on €60m as it continues to grow its product...

Germany-based solarisBank AG has closed its Series C round on €60m, with HV Holtzbrinck Ventures leading the round.
what-are-the-big-wealthtech-trends-in-q1-2023

What were the big WealthTech trends in Q1 2023?

Following the rollercoaster year of 2022, 2023 looks like it could equally be full of significant changes. Having already got to the end of the first quarter, Kidbrooke has taken a look at some of the biggest trends shaping the year.
Fraud fears are up with nearly 60% of consumers

Fraud fears are up with nearly 60% of consumers

Over half 59% of consumers are more concerned about becoming a victim of fraud now compared to how they felt in 2021, according to a report from Paysafe.

Renewable energy insurance company Energetic Insurance closes $2.5m seed round

Energetic Insurance has held the close of a $2.5m seed investment round, and also established a partnership with SCOR to launch the EneRate Credit Cover policy.

Kin Insurance said to collect $63.9m in funding

Home insurance platform Kin Insurance has reportedly collected $63.9m in its Series C round, which was raised to support global expansion efforts.

Afero to invest in stronger IoT security following $50m Series C

IoT device communication security firm Afero has raised $50m in a Series C funding to double its total raised since inception to $100m.

News Stories

Quantifind's new features target market manipulation and more in 2024

Quantifind’s new features target market manipulation and more in 2024

RegTech company Quantifind, prides itself on its commitment to delivering high quality risk intelligence solutions. As part of this, the company recently introduced new product features and functionalities at the start of this year, marking a significant advancement in its capabilities. 
How has Consumer Duty impacted wealth management so far?

How has Consumer Duty impacted wealth management so far?

Consumer Duty has now been live in the UK for several months. Wealth management firms spent many resources preparing themselves to be ready for...
Birdwingo secures €1.2m to revolutionise teen financial education in Europe

Birdwingo secures €1.2m to revolutionise teen financial education in Europe

Birdwingo, a Prague-based FinTech company, has successfully closed a €1.2m funding round.
Aikido clinches $17m Series A to revolutionise developer-focused security

Aikido clinches $17m Series A to revolutionise developer-focused security

Aikido, a disruptive force in developer security, has successfully closed a $17m Series A funding round.
Cybersecurity firm StepSecurity lands $3m to safeguard CI/CD environments

Cybersecurity firm StepSecurity lands $3m to safeguard CI/CD environments

StepSecurity, a cybersecurity firm specialising in CI/CD pipeline and infrastructure protection, has successfully closed a $3m seed funding round.

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