Cloud-native insurance platform Novidea experienced strong growth in 2022
Novidea, a creator of the data-driven, cloud-native insurance platform that enables brokers, agents, and MGAs to reduce costs and drive growth across the distribution lifecycle, has achieved significant growth milestones in 2022.
UK banks forced to embrace FinTech
UK banks are being forced to get to grips with FinTech thanks to a package of measures being imposed by the Competition and Markets Authority (CMA).
Commonstock snares $25m Series A to continue platform build-out
Investing social platform Commonstock has secured $25m from a Series A funding round led by Coatue.
Unveiling IndexGPT: JPMorgan’s latest AI innovation in thematic investing
JPMorgan Chase & Co. recently announced the launch of IndexGPT, marking a significant step in the intersection of artificial intelligence (AI) and finance.
US lawmakers introduce legislative package to bolster infrastructure cybersecurity
Two US Senators have introduced a combined bill that is focused on strengthening the cybersecurity of critical infrastructure and government networks.
Employee benefits company Ben bags $16m
Ben, an employee benefits platform, has secured $16m from a Series A funding round headed by Atomico.
HCL Technologies to snap up WealthTech Confinale
HCL Technologies has signed a definitive agreement to acquire digital banking and wealth management consulting specialist Confinale for an undisclosed fee.
Enterprise API security startup Noname Security inks $60m on the back of its Series...
Six months after emerging from stealth mode with $25m in funding, US-Israeli= based API security company Noname Security raised a $60m a Series B led by Insight Partners.
J.P. Morgan buys 48% stake in Viva Wallet
J.P. Morgan has acquired a 48.5% stake in Viva Wallet, a cloud-based neobank, alongside a €100m cash injection.
Insurance risk management startup Intelligent AI secures £2m
Intelligent AI, which claims to be disrupting insurance risk management with AI and data analytics, has reportedly raised £2m in seed funding.
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