Sector Updates

Neobank albo secures $45m round

Mexican challenger bank albo has secured $45m as plans on becoming the nation's answer to Chime.

Cybersecurity unicorn triples its valuation after second sizable funding round this year

Autonomous cybersecurity platform SentinelOne has netted $267m for its Series F round, which has tripled its valuation to $3bn.

Payments platform LinkAja closes $100m Series B

Indonesia-based LinkAja has reportedly received a $100m Series B round, which was led by Southeast Asia ride-hailing giant Grab.

What do customers really think of neobanks and traditional banks?

Challenger banks often boast about their ability to revolutionise what they describe as an old timey banking sector, but do customers really buy their spiel?

Digital escrow platform Endpoint scores $40m from its parent company

Digital title and escrow platform Endpoint has closed a $40m investment from its parent company First American Financial Corporation.

Spark Change said to close £3.5m in its funding round

Spark Change, which helps institutional and individual investors access carbon instruments, has reportedly bagged £3.5m in its latest funding round.

Kenya-based InsurTech Turaco secures $2m seed round to support growth in Africa

Turaco, which provides insurance policies to people across Africa, has reportedly closed a $2m seed funding round.

Compliance.ai closes its Series A round on $3m as it eyes international growth

US-based Compliance.ai has closed its Series A funding round on $3m, which will enable the company to expand into international jurisdictions.

INSTANDA launches new digital insurance marketplace

InsurTech INSTANDA has unveiled a new virtual integration marketplace enabling insurers to pick and choose pre-integrated technology solutions.

Trustly taps Napier to help with compliance

Swedish FinTech Trustly is experiencing a growth spurt, having recently picked up a cash injection from BlackRock and expanding to Australia and Canada. It has now tapped Napier to ensure it can maintain the growth in a compliant way.

News Stories

Tide has unveiled its plan to introduce business accounts in Germany, marking the initiation of the company's expansion into Europe.

Tide to enter German market through Adyen partnership

Tide has unveiled its plan to introduce business accounts in Germany, marking the initiation of the company's expansion into Europe.
TransferGo has partnered with Tink to integrate Pay by Bank into its payments offering, aiming to provide a more secure and efficient method for international money transfers.

TransferGo and Tink partner for international money transfers

TransferGo has partnered with Tink to integrate Pay by Bank into its payments offering, aiming to provide a more secure and efficient method for international money transfers.
Nottingham Building Society and Nova Credit have formed a partnership to enable foreign nationals in the UK to utilise their overseas credit history when applying for mortgage finance to purchase homes in the UK.

Nottingham Building Society and Nova Credit team up to revolutionise UK mortgage finance for...

Nottingham Building Society and Nova Credit have formed a partnership to enable foreign nationals in the UK to utilise their overseas credit history when applying for mortgage finance to purchase homes in the UK.
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...

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