Sector Updates

Professional services giant KPMG is building out its FinTech offering further with the acquisition of innovation and company matchmaking platform Matchi.

German credit scoring and lending company Kreditech has landed €110m in the largest equity investment into German FinTech company to date.

Kabbage, an SME lending platform, is in the process of raising $161m according to a filing with the Securities and Exchange Commission. The firm appears...

Israeli equity crowdfunding platform OurCrowd has expanded its Iberian operations by opening an office in Madrid. The new office, which expands the company’s footprint to seven countries,...

Poland-based Insurance comparison platform Mfind.pl has reportedly netted an undisclosed funding round.

Virtual claims InsurTech provider Snapsheet has formed a partnership with KeyBank to launch a payment solution for insurance claims. Snapsheet, which provides virtual claims technology...

Chinese carmaker Geely Group is increasing its stake in Saxo Bank to more than 50 per cent, with Nordic financial services company Sampo Group...

Renters insurance solution Canopy has sold a 15 per cent stake of its company to Direct Line Insurance.

Hong Kong’s Securities and Futures Commission (SFC) has launched a RegTech sandbox to enabled qualified firms to test their regulated activities. The SFC said the...

HR, benefits and compliance platform Flock has secured a $3.5m Series A equity round led by The Hartford, alongside participation from existing investors.