Sector Updates

PayKey unlocks $6m to bring P2P payments to messaging

Peer-to-peer payments service PayKey has raised $6m in a Series A round of funding co-led by e.ventures and Gaby Salem of Wharton Asset Management.
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Aye Finance picks up $10.3m to expand small business lending

Small business lender Aye Finance has raised $10.3m in a Series B round led by LGT IV. Existing backers SAIF Partners and Accion also contributed to the round.
fintech insurtech wealthtech regtech ai cybertech esg news

True Link pulls in $3.6m for retirees financial advice

Digital financial services provider aimed at retirees True Link Financial has raised $3.6m in a new round of funding.
fintech insurtech wealthtech regtech ai cybertech esg news

WeSwap picks up £2.4m in crowdfunding campaign

Currency exchange platform WeSwap has picked up £2.4m in an equity crowdfunding round on Seedrs.

CoverWallet pockets $7.8m for small business insurance

Business insurance startup CoverWallet has raised $7.8m in a Series A round led by Union Square Ventures. Index Ventures as well as existing backers also contributed.

AdvisorEngine picks up $20m for wealth management platform

Digital wealth management platform Vanare has raised $20m in a Series A round. The financing comes in the form of a strategic investment by WisdomTree Investments.

T-REX snaps up $10m for financial services technology

Financial services software company T-REX has raised $10m in its Series B round led by Safeguard Scientifics. Investment also came from Ecosystem Integrity Fund.
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PeerStreet nabs $15m for real estate loan investments

Real estate-backed loan investment platform PeerStreet has raised $15m in a Series A round led by Silicon Valley heavyweight Andreessen Horowitz.
fintech insurtech wealthtech regtech ai cybertech esg news

Fund data platform fundinfo lands HgCapital investment

Fund data and documents platform fundinfo has closed an investment from HgCapital’s Mercury Fund. The financial terms of the deal are undisclosed.
fintech insurtech wealthtech regtech ai cybertech esg news

FlexM picks up $886k for financially inclusive digital wallet

Mobile wallet targeted at the underbanked FlexM has raised $886,000 in a seed round of funding from mobile payments platform MatchMove.

News Stories

Intelligent AI, a property risk analytics provider, has announced its expansion into the US market following its selection for the Connecticut InsurTech Corridor.

Intelligent AI targets US insurers with property risk analytics expansion

Intelligent AI, a property risk analytics provider, has announced its expansion into the US market following its selection for the Connecticut InsurTech Corridor. The move...
PEP

PEP screening: why RCAs are the hidden compliance risk

Politically exposed persons (PEPs) represent a distinct category of risk for financial institutions and regulated businesses. Because they occupy positions of public influence and...
Basware

Basware launches AI agent training for finance teams

Basware has launched a new certification programme aimed at preparing accounts payable (AP) professionals to work alongside AI agents. The programme, called the Basware AI...
FCA

FCA open finance plan to boost data control

The Financial Conduct Authority (FCA), the UK's financial services watchdog, has published its vision for open finance, outlining plans to hand consumers and businesses...
Mapfre, a global insurance group, has appointed Miguel Serrano Loredo as its new corporate director of Administration and Finance.

Mapfre appoints Miguel Serrano Loredo as finance chief

Mapfre, a global insurance group, has appointed Miguel Serrano Loredo as its new corporate director of Administration and Finance. He replaces Oscar García-Serrano, who has...

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