Sector Updates

Talk360 scores $4m, gears up for pan-African payment platform launch

International calling app Talk360 has secured $4m in funding as it prepares to launch a new pan-African payment platform in mid-2022. 

Financial inclusivity advocate Line nets $25m

Line, a company building a modern inclusive financial network, has raised $25m in Equity and Debt, in a funding round led by Massive.

Canada’s Neo Financial hits unicorn status in just 3 years

Canadian FinTech Neo Financial, has reached the $1bn valuation milestone, after the close of its Series C round on $185m.

Buy Now, Pay Later for healthcare startup Walnut secures $110m

Buy Now, Pay Later (BNPL) healthcare startup Walnut has raised $110m in a Series A funding round led by Gradient Ventures.

PropTech company Lev raises $170m across debt and equity round

Lev, a digital commercial real estate transactions platform, has collected $170m in a mixture of debt and equity.

Digital life insurer Afficiency secures Series A

Afficiency, an InsurTech aiming to transform the end-to-end life insurance buying process, has raised $7m in Series A funding.

Crypto investment advisor Cloudwall scores seed funding

Cryptocurrency risk management company Cloudwall Capital has reportedly raised $6.3m in its seed funding round.

FBI asks for an extra $106m in 2023 to deal with cyber, data challenges

The FBI is asking for a further $106m in its fiscal 2023 budget to manage a range of pressing cybersecurity issues.

Could 2022 be the year of the CBDC?

With the rise of cryptocurrencies showing no signs of slowing down, the growth of central bank digital currencies (CBDC) appears to be another trend on the ascendancy. Will 2022 prove to be a red-letter year for CBDC adoption?

What were the biggest deals in InsurTech in 2021?

2021 was another year of growth for the InsurTech industry, with funding setting an annual record of $9.1bn only nine months into the year. But what were the biggest deals?

News Stories

Boosting identity-based security, Elisity raises $37m from Insight Partners

Boosting identity-based security, Elisity raises $37m from Insight Partners

Elisity, a leading pioneer in identity-based microsegmentation, announced a significant financial boost with a $37m Series B funding round led by global software investor...
Blend Labs secures $150m from Haveli Investments to boost financial service innovations

Blend Labs secures $150m from Haveli Investments to boost financial service innovations

Blend Labs, known for its cloud banking services, and Haveli Investments, a technology-focused private equity firm, have announced a strategic partnership marked by a significant $150m investment in Blend by Haveli.
Corelight bags $150m in Series E funding to boost AI security innovations

Corelight bags $150m in Series E funding to boost AI security innovations

Corelight, a prominent player in open network detection and response (NDR) headquartered in San Francisco, recently secured a substantial $150m in Series E funding.
Backflip secures $15m in Series A to redefine real estate FinTech

Backflip secures $15m in Series A to redefine real estate FinTech

Backflip, an all-encompassing real estate and financial technology platform, has closed a $15m Series A funding round, spearheaded by FirstMark Capital, known for their early investment in other category-defining platforms like Airbnb, Shopify, and Pinterest.
Navigating corporate reporting: How CSRD is changing the game

Majority of companies not subject to CSRD still plan to align with its requirements

The majority (81%) of companies not subject to the European Union’s Corporate Sustainability Reporting Directive (CSRD) intend to partially or fully align their sustainability...

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