Sector Updates

Divvy secures $1.6bn valuation on the back of $165m Series D

Expense management platform Divvy has closed a $165m Series D round at a valuation of $1.6bn.

InsurTech Tensorflight to deploy Airbus’ satellite imagery for property insurance market

InsurTech Tensorflight, which uses AI technology, aerial and street view imagery to provide property data, has partnered with the Intelligence Business of Airbus Defence and Space, a global provider of geospatial data.
Fifth Third Bancorp to bolster FinTech portfolio with acquisition of Rize Money

Fifth Third Bancorp to bolster FinTech portfolio with acquisition of Rize Money

Fifth Third Bancorp, a US-based financial services company, has announced its acquisition of Rize Money, a Virginia-headquartered embedded payments platform.

Meniga receives license from Financial Conduct Authority

Meniga, which helps consumers improve their financial lives, has successfully registered as an Account Information Service Provider by the UK’s Financial Conduct Authority (FCA).

Phishing protector SlashNext scores $26m funding

Phishing protection provider SlashNext has secured $26m from a recent financing round.

Tensorflight collects $2m funding to support growth of team

Tensorflight, an AI platform using geospatial imagery to improve underwriting, has collected $2m in a new financing round.
Ascot Group has revealed the appointment of a new Group Chief Operating Officer (COO), effective immediately, as it looks to continue its growth.

Ascot Group reveals new senior leadership appointment

Ascot Group has revealed the appointment of a new Group Chief Operating Officer (COO), effective immediately, as it looks to continue its growth.
fintech insurtech wealthtech regtech ai cybertech esg news

Sharpfin to boost ‘delivery capacity’ after closing SEK2.7m Invesdor round

Sharpfin, a Stockholm-based provider of wealth management software, will boost its delivery capacity after closing its latest crowdfunding round according to CEO and founder Markus Alin. Just

Uplift scores a $68m credit line from Atalaya Capital Management

Buy now, pay later platform Uplift has scored a $68m credit line from Atalaya Capital Management.

AI-powered automation platform AppViewX secures $20m

Automated machine identity management platform AppViewX has secured $20m in its Series B round.

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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