Sector Updates

bolttech acquires AVA Insurance in Singapore

InsurTech bolttech has completed the acquisition of AVA Insurance Brokers and AVA Insurance Agency, a Singapore-based insurance intermediary and specialist broker.
fintech-news

Capital Match bags funding from B Capital

SME loan provider Capital Match Singapore has reportedly bagged an undisclosed Series B round from B Capital.

Revolut integrates crypto compliance firm Elliptic’s blockchain tools to trace transactions

UK-based digital banking service Revolut has partnered with blockchain firm Elliptic to support crypto withdrawals and guard against risk.
Carbon offsetting tokenisation platform JustCarbon to raise funds

Carbon offsetting tokenisation platform JustCarbon to raise funds

JustCarbon, a blockchain-powered marketplace for carbon offsetting, has reportedly teamed up with SeedLegals, a London-based startup funding platform, to launch the first carbon-neutral investment round.
YuLife joins forces with Bupa to revamp health insurance for UK businesses

YuLife joins forces with Bupa to revamp health insurance for UK businesses

YuLife, the tech-driven financial force, has partnered with renowned health provider, Bupa, to expand its insurance offerings, reinforcing its commitment to enhancing business health provisions in the UK.

Terrorism funding worries expected to grow the AML market to a worth of $3.6bn...

By 2024, the global anti-money laundering market is expected to double, according to new research from MarketsandMarkets, the research firm.

Chime has launched a new card and tool to help customers build credit

US challenger bank Chime has launched a new type of payment card to help millennials establish a credit history in a time when many young customers don't have one.

Hong Kong’s StockViva nabs $3m

Hong Kong-based StockViva, which offers a financial real-time analytics platform, has reportedly raised $3m in its Series A funding round.

Duco bags $28m investment from Insight, NEX, Eight Roads

Data technology provider Duco has bagged a $28m investment from investors including Insight Venture Partners and NEX Opportunities.

N26 under BaFin scanner for inadequate measures against money laundering

German financial regulator BaFin has ordered challenger bank N26 Bank to implement appropriate controls and safeguards to prevent money laundering and terrorist financing.

News Stories

Aeropay secures $20m in Series B funding for A2A payments expansion

Aeropay secures $20m in Series B funding for A2A payments expansion

Aeropay, a leading provider of Pay-By-Bank solutions for businesses, announced $20m in Series B financing.
INSTANDA and UnderwriteMe partner to revolutionise life insurance with no-code tech

INSTANDA and UnderwriteMe partner to revolutionise life insurance with no-code tech

INSTANDA, a leading global provider of SaaS platform technology for life insurance distribution and policy administration, has announced an integration with UnderwriteMe, a comprehensive SaaS underwriting platform provider for the life insurance industry.
Irish AI startup Numra secures €1.5m to launch finance assistant Mary

Irish AI startup Numra secures €1.5m to launch finance assistant Mary

Irish AI startup Numra, previously known as Autonifai, has announced a €1.5m funding round to introduce its AI finance assistant, Mary, to the market.
Cache Valley Bank partners with Finastra to enhance digital banking

Cache Valley Bank partners with Finastra to enhance digital banking

Cache Valley Bank, a community bank with $2.9bn in assets serving Utah and Southern Idaho, has expanded its collaboration with Finastra, a financial software provider, to enhance its digital banking infrastructure.
Work payments platform Native Teams raises €6.2m to expand into Asia

Work payments platform Native Teams raises €6.2m to expand into Asia

Native Teams, a work payments platform for freelancers, remote workers, and business owners, has successfully raised €6.275m to further its ambitious plans of becoming the go-to platform for work payments.

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