Sector Updates

BNP Paribas launches new technology dedicated fund

BNP Paribas Asset Management has launched a new technology investment fund headed by Parvest SICAV.

Bunker grabs $6m to insure gig economy workers

San Francisco-based business insurance platform Bunker has picked up $6m in a Series A round. Omidyar Network led the investment with existing backers also participating.

Wealthsimple pockets another $37m

Toronto-based robo-advisor startup Wealthsimple has raised another $37m in a Series B round as it continues to grow its presence in the US market.

RegTech Kyckr brings in Tesco CEO Benny Higgins

Irish RegTech company Kyckr is set to bring in global banking executive Benny Higgins as non-executive chair.

Bayzat bags further $5m for its Series A

Bayzat, a health Insurance and HR service for MENA, has pulled in a further $5m in funding led by Silicon Badia.

Fineqia International acquires minority stake in PremFina

Fineqia International has acquired a minority stake in insurance premium financing solution PremFina. Fineqia has bought the shares from IXL Holdings as part of a...

Integrated Portfolio Solutions said to raise $3m funding

Financial institution administration platform Integrated Portfolio Solutions has reportedly received around $3m in funding.

NGDATA closes $19m Series C led by HPE Growth Capital

Big data solution for customer relations management NGDATA has closed a $19m Series C funding round led by HPE Growth Capital.

First Circle bags $1.3m to bring SME lending to South-East Asia

South-East Asian SME lender First Circle has raised $1.3m in a new round from Accion Venture Lab and Deep Blue Ventures.

Elsen amasses $2.4m in Hyperplane-led round

Boston-headquartered Elsen, a Platform-as-a-Service company for large financial institutions, has raised $2.4m.

News Stories

OLIGO

OLIGO Security raises $60m to counter AI-speed attacks

OLIGO Security, the runtime security company, has raised $60m in fresh funding as it races to help organisations keep pace with attacks that are...
compliance

Why cloud voice compliance cannot be an afterthought

The financial services industry is in the middle of an infrastructure revolution. Trading floors that once ran on fixed turrets and on-premise recorders are...
compliance

Angelica Solutions grows network with actuary hire

Angelica Solutions, a collaborative network of senior insurance specialists, supporting insurers, MGAs and InsurTechs with data-driven and actuarial solutions, has added Amy Illingworth, an...

Federato launches Claims to close underwriting loop

Federato, the AI-native platform for the full policy lifecycle, offering underwriting, policy administration and billing tools for insurance carriers, has introduced Federato Claims, an...
Plaid and Sierra target the next era of AI-powered finance

Plaid and Sierra target the next era of AI-powered finance

Plaid, a financial technology company that enables consumers to securely connect their financial accounts with apps and services, and Sierra, an AI agent platform...

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