Sector Updates

Alloy scores ?2.6m in pre-seed funding

Alloy, a decentralised finance platform for institutional investors, has closed its pre-seed funding round on ?2.6m.
Consumers want better security and frictionless payments online

Consumers want better security and frictionless payments online

Consumers are seeking greater security and frictionless payment experiences when buying products online, according to a survey from BR-DGE.

Hokodo bags €1.9m in round led by Anthemis

Hokodo, an insurance and finance API developer, has raised €1.9m in a seed round led by Anthemis.

Receipt Bank pulls in Series C as it seek continued international expansion

Bookkeeping platform Receipt Bank has raised $73m in a mixture of equity and debt through its Series C round.

PropTech platform HomeLight collects $363m in funding

PropTech platform HomeLight has collocated $363m in a funding round, which was led by Zeev Ventures.
fintech-news

Remitly grabs $38m to expand US remittance service

US remittances service Remitly has secured $38m in a new round of funding. The Seattle-based company offers mobile P2P remittances from the US and Canada.
London-based InsurTech Novidea has revealed that it will be expanding into the Southeast Asian market.

Novidea to expand into Southeast Asian InsurTech market

London-based InsurTech Novidea has revealed that it will be expanding into the Southeast Asian market.

Business banking startup Wise closes Series A just months after its seed round

Wise, a digital banking platform, has closed its Series A on $12m, coming just six months after it closed its $5.7m seed round.

Indian unicorn Slice increases its valuation after fresh funding

Indian credit card company Slice has reportedly raised $50m in a fresh financing round, which puts its valuation between $1.5bn and $1.8bn.
Acre

Mortgage intermediaries platform Acre bags £6.5m

Acre, a mortgage intermediaries platform, has secured £6.5m in funding to grow its tech platform and change the home buying process.

News Stories

In the realm of insurance, the claims process stands as a pivotal point in shaping overall customer satisfaction. Simplifai explores this process from the handlers’ perspective, to give valuable insights into how to improve it across various insurance lines and regions.

Transforming customer experience in insurance claims handling

In the realm of insurance, the claims process stands as a pivotal point in shaping overall customer satisfaction. Simplifai explores this process from the handlers’ perspective, to give valuable insights into how to improve it across various insurance lines and regions.
2024

What are the key governance, risk and compliance trends in 2024?

In ViClarity’s recent annual GRC trends report, the company focused on the key trends which are impacting many industries throughout 2024.
Pacific Life’s Workforce Benefits business, a leading provider of employee benefits solutions, has announced its integration with Selerix to elevate real-time benefits administration. 

Pacific Life and Selerix join forces for real-time benefits administration

Pacific Life’s Workforce Benefits business, a leading provider of employee benefits solutions, has announced its integration with Selerix, a comprehensive benefits administration platform.
UK

Liz Oakes, Carolyn Wilkins appointed to key roles on UK Financial Policy Committee

The Financial Policy Committee (FPC), pivotal in shaping UK financial policies, has welcomed Liz Oakes as a new external member and confirmed Carolyn Wilkins...
Arch Insurance International, a leading insurance company, has announced the appointment of Kirsten Valder as Deputy CEO, effective immediately.

Arch Insurance names new deputy CEO

Arch Insurance International, a leading insurance company, has announced the appointment of Kirsten Valder as Deputy CEO, effective immediately.

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week