Sector Updates

Is embedded insurance the way forward for insurance distribution?

One of the fastest growing trends in the insurance market today is embedded insurance. Predicted to reach $722bn by 2030, it is definitely something to watch out for.

How applied AI benefits people, the planet, and profits

Businesses must act now to adapt to the challenges of today and unlock greater growth potential, without sacrificing the health of the planet. Applied AI technologies could be paramount in achieving this.

Interpol arrests financial scammers behind malware attacks

An operation codenamed ‘Killer Bee’ by Interpol has led to the arrest of three individuals behind cyber operations targeting firms in Southeast Asia.

ESMA provides guidance to supervisors for sustainability

The European Securities and Markets Authority (ESMA) has released a Supervisory Briefing, aimed at ensuring convergence across the EU in the supervision of investment...

ESMA publishes report on the Common Supervisory Action

The European Securities and Markets Authority (ESMA) has published a report on the Common Supervisory Action (CSA) on costs and fees for investment funds, that was carried out with National Competent Authorities (NCAs) during 2021.

Garentii lands €1.9m to change the future of renting

Garentii, a Germany-based security deposit replacement insurance MGA, has raised €1.9m in seed funding led by Greenlight Re.
acrisure-receives-eye-watering-725m-now-valued-at-23bn

Acrisure receives eye-watering $725m, now valued at $23bn

Global insurer and FinTech Acrisure has raised $725m in Series B-2 preferred equity to fuel its ongoing expansion.

Monetary Authority of Singapore launches project to see economic potential of asset tokenisation

The Monetary Authority of Singapore (MAS) has launched Project Guardian, a collaborative initiative with the financial industry aimed at exploring the economic potential and value-add of asset tokenisation.

Quantexa secures 144% net retention rate in stellar FY 2022 performance

Quantexa has secured a powerful full year fiscal 2022 performance and has emphasised its 144% net retention rate and 70% increase in committed ARR across the year.

Surefire Cyber launches with $10m in Series A backing

Incident response firm Surefire Cyber has officially launched with $10m in Series A funding to help a number of key industry stakeholders better manage cyber events.

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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