Sector Updates

Revolut is lining up to apply for a UK banking licence because of Brexit

Challenger bank Revolut is preparing to submit a banking licence application to the Bank of England.

Coalition acquires broker platform Attune on back of strong Series E

Cyber insurance company Coalition has snapped up commercial insurance-focused broker platform Attune for an undisclosed fee.

Blockpit nets $10m to support international expansion of crypto tax reporting service

Blockpit, which offers tax reporting and portfolio tracking services for cryptocurrency, has scored $10m in its Series A.
Overjet, a leading provider of dental artificial intelligence (AI) solutions, has secured a monumental $53.2m Series C funding round, to see the company's valuation soar to $550m.

Overjet bags $53.2m in latest funding round to see valuation soar to $550m

Overjet, a leading provider of dental artificial intelligence (AI) solutions, has secured a monumental $53.2m Series C funding round, to see the company's valuation soar to $550m.
Investors flocked to back European InsurTech companies in 2023, with a total of 331 individual backers supporting the sector.

Over 300 investors backed European InsurTechs in 2023

Investors flocked to back European InsurTech companies in 2023, with a total of 331 individual backers supporting the sector.

Ambiental, WhenFresh broaden alliance to expand climate data offering

Flood risk specialist Ambiental has extended its partnership with property data firm WhenFresh to offer the former’s FloodScore Climate data set on WhenFresh’s API.

Mediant bags $18.5m in equity infusion

FinTech Mediant's investors have injected a further $18.5m into the company to fuel the next stage of its strategic growth.

Zuvy, the Nigerian FinTech, scoops $4.5m for SME liquidity solutions

Zuvy, a dynamic Nigerian invoice financing company, has bagged a substantial $4.5m in a debt and equity funding round. The firm, known for its innovative approach to managing invoice software and providing discounting services, has drawn global investors keen on supporting its mission.
new-delhi-based-insurtech-zopper-raises-75m

New Delhi-based InsurTech Zopper raises $75m

New Delhi-based InsurTech company Zopper has reportedly raised $75m in its Series C funding round.

Rivet pulls in $20.5m in Series B raise

Rivet, a healthcare billing platform, has scored $20.5m in a Series B round led by Catalyst Investors.
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News Stories

Insured Nomads, an innovative leader in the travel and health insurance industry, has appointed Sven Thorslund as Senior Vice President of Global Client Engagement & Key Accounts.

Insured Nomads welcomes Sven Thorslund to leadership team

Insured Nomads, an innovative leader in the travel and health insurance industry, has appointed Sven Thorslund as Senior Vice President of Global Client Engagement & Key Accounts.
CLARA Analytics, a leading provider of artificial intelligence (AI) technology for insurance claims optimisation, has announced an expansion of its partnership with Origami Risk.

CLARA Analytics and Origami Risk deepen partnership to fast-track AI adoption in insurance

CLARA Analytics, a leading provider of artificial intelligence (AI) technology for insurance claims optimisation, has announced an expansion of its partnership with Origami Risk.
Delos Insurance Solutions has partnered with certain underwriters at Lloyd's of London to offer wildfire insurance to more California policyholders with vacant properties.

Delos Insurance and Lloyd’s of London to expand vacant home insurance in California

Delos Insurance Solutions has partnered with certain underwriters at Lloyd's of London to offer wildfire insurance to more California policyholders with vacant properties.
QBE North America, a leading insurance provider, has unveiled its latest offering, the Healthcare Liability practice, aimed at addressing the distinct requirements of healthcare organisations.

QBE NA launches specialised healthcare liability practice

QBE North America, a leading insurance provider, has unveiled its latest offering, the Healthcare Liability practice, aimed at addressing the distinct requirements of healthcare organisations.
Know Your Customer (KYC) procedures are fundamental policies and processes implemented by businesses to mitigate risks and authenticate the identities of customers throughout their entire lifecycle. These protocols are especially critical in regulated industries, serving as a safeguard against money laundering, terrorism financing, fraud, and other illicit activities. FullCircl has put together a comprehensive guide to KYC procedures.

A comprehensive guide to Know Your Customer procedures

Know Your Customer (KYC) procedures are fundamental policies and processes implemented by businesses to mitigate risks and authenticate the identities of customers throughout their entire lifecycle. These protocols are especially critical in regulated industries, serving as a safeguard against money laundering, terrorism financing, fraud, and other illicit activities. FullCircl has put together a comprehensive guide to KYC procedures.
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