Sector Updates

Threat intelligence giant Recorded Future backs Hunt.io with strategic funding

Threat intelligence giant Recorded Future backs Hunt.io with strategic funding

Recorded Future, described as the "largest threat intelligence company", has today unveiled a strategic investment into Hunt.io, an advanced adversary hunting firm.

Qover secures €8m to support European expansion efforts

Belgian digital insurer Qover has secured €8m in its latest investment round to support its European development efforts.

Many forced to work remotely lack cybersecurity training to do so safely

The coronavirus forced many to work remotely for the first time in their careers, but few had any cybersecurity training to rely on to keep themselves safe, according to new research.

SageSure secures $375m for property insurance

SageSure, a managing general underwriter and insurance technology innovator, has secured a $375m senior credit facility from funds managed by the US Direct Lending and Alternative Credit strategies of Ares Management Corporation.
fintech insurtech wealthtech regtech ai cybertech esg news

Sure Ventures launches debut InsurTech fund

Early-stage investor Sure Ventures has launched its debut fund.
Reducing compliance costs with WealthArc’s advanced wealth app

Reducing compliance costs with WealthArc’s advanced wealth app

WealthArc is revolutionising the way External Asset Managers handle compliance, making the arduous tasks associated with meeting FinSA/FinIA regulations more manageable and cost-effective.

Klarna bolsters UK presence with key regional market expansions

FinTech juggernaut Klarna has expanded its footprint in the UK with a new office in London and larger premises in Manchester.
Global spend for OTT to hit $25bn in 2023

Global spend for OTT to hit $25bn in 2023

 The global spend for OTT (over-the-top) based conversational commerce is expected to rise from $13.3bn in 2022 to $25.1bn in 2023, according to a report from Juniper Research.
Aviva

Aviva welcomes Jason Storah and Tracy Garrad in pivotal CEO roles

Aviva has appointed Jason Storah as CEO of UK & Ireland General Insurance, and Tracy Garrad as CEO of Aviva Canada. 

Bitcoin price on the rise after first fed rate cut since 2008

The price of Bitcoin could see a rise following an announcement from the US Federal Reserve regarding a rate cut.

News Stories

Osome secures $17m to enhance SMB finance solutions

Osome secures $17m to enhance SMB finance solutions

Osome, a prominent finance admin platform for founders and small and medium-sized businesses (SMBs), has successfully closed its Series B funding round, securing over $17m in capital.
Chilean FinTech BTrust secures $1.5m in seed funding led by Invexor

Chilean FinTech BTrust secures $1.5m in seed funding led by Invexor

Chilean FinTech company BTrust, founded in 2023, has successfully raised $1.5m in a seed round led by Invexor. This funding round also saw participation from three other angel investors.
Mason Owen has launched the UK's first-ever legal indemnity insurance platform, known as Instant Title Solutions (ITS).

Mason Owen unveils UK’s first-ever legal indemnity insurance platform

Mason Owen has launched the UK's first-ever legal indemnity insurance platform, known as Instant Title Solutions (ITS).

Deutsche Bank pioneers discounted mortgages for climate-friendly homes

Deutsche Bank has teamed up with the European Investment Bank Group to introduce discounted mortgages for climate-friendly housing.
Wefox, an InsurTech unicorn, has issued a stark warning to its investors regarding potential insolvency looming over the company.

InsurTech unicorn Wefox faces insolvency risk according to reports

Wefox, an InsurTech unicorn, has issued a stark warning to its investors regarding potential insolvency looming over the company.

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