Sector Updates

43% of large financial institutions have adopted open banking

Nearly half (43%) of large financial institutions have adopted open banking, according to a report from identity management company Curity.

Electronic mucic producer deadmau5 launches banking service with Zytara

Electronic music producer deadmau5 has partnered with FinTech company Zytara to build a digital banking experience for his fans and 45 million merchants around...

Indonesian payments platform Flip closes $100m Series B

Indonesian consumer payment platform Flip has secured the second close of its Series B, which brings the round’s total to $100m.

Logistics payments service PayCargo collects $130m

PayCargo, a logistics payments and data infrastructure platform, has collected $130m in a funding round from funds managed by Blackstone Growth.

How CyberGRX solves the decades-old problem of third-party risk management

The level of uncertainty financial institutions have for third-party cyber risk is worrying. Firms have no idea how a company accesses their network and the back doors left open for criminals. CyberGRX was created to fix this.  

bolt teams up with Chat Mobility for device protection solutions

InsurTech bolt has partnered with Chat Mobility, a regional wireless carrier in Iowa, to bring a device protection solution to the US.

Polly acquires Driven Data to boost customer experiences

Polly (formerly DealerPolicy), an insurance marketplace for automotive retail, has acquired automotive marketing and analytics company Driven Data.

CMT launches telematic driver engagement platform

Cambridge Mobile Telematics (CMT), a telematics service provider, has launched a driver engagement platform called DriveWell Messaging, designed to keep drivers engaged throughout the customer lifecycle.

Microsoft agrees to purchase CyberTech Miburo

Tech giant Microsoft is set to acquire cyber threat analysis and research company Miburo for an undisclosed fee.

CapIntel pulls in $11m to fuel US expansion

CapIntel, a FinTech that strives to improve day-to-day workflow and fund analysis for financial advisors, has raised $11m in Series A funding led by New York-based FinTech Collective.

News Stories

How to identify the best ESRS solution for you

How to identify the best ESRS solution for you

The European Sustainability Reporting Standards (ESRS), which came into effect at the start of the year, brings significant changes to Environment, Social and Governance (ESG) related reports. The regulation brings new reporting requirements that can easily become complex if not using the right tools. The question is, what are the hallmarks of a good ESRS tool?
SAVR secures strategic backing from Incore Invest to enhance Nordic investment platforms

SAVR secures strategic backing from Incore Invest to enhance Nordic investment platforms

Incore Invest, a European investment firm known for supporting emerging FinTech ventures, has increased its investment in SAVR, a trailblazing FinTech company based in Sweden.
CUBE

CUBE bolsters regulatory expertise through Reg-Room acquisition

CUBE has announced its acquisition of Reg-Room, a prominent regulatory intelligence provider catering to the financial services sector.
Apis Growth Fund I celebrates successful exit from PayTech Adumo

Apis Growth Fund I celebrates successful exit from PayTech Adumo

Apis Growth Fund I, a private equity fund managed by Apis Partners, a UK-based asset manager, will have fully exited its position in South African merchant acquirer Adumo following Adumo’s acquisition by South African FinTech Lesaka Technologies, announced yesterday.
Numeric secures $10m in Seed funding to revolutionise accounting automation

Numeric secures $10m in Seed funding to revolutionise accounting automation

Numeric, an AI-powered accounting automation firm based in San Francisco and New York, has successfully secured $10m in a Seed funding round.

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