Sector Updates

InsurTech Gateway launches in Australia, eyeing B2B2C opportunities

InsurTech Gateway has launched its operations in Australia and is eyeing up the country’s strong B2B2C subsector.
fintech-news

More good news for lending as Upstart nabs $32.5m Series D

In the wake of Prosper’s $5bn loan financing deal, there’s further positive signs for the online lending space with Upstart raising $32.5m in its Series D round.

Real estate crowdfunding platform DiversyFund scores $1m Series A

Real estate crowdfunding platform DiversyFund has scored $1m in its Series A funding round.
Securitize

Securitize snaps up Onramp Invest for undisclosed fee

Securitize, renowned for broadening access to tokenised alternative assets, has acquired Onramp Invest, a digital asset wealth platform. 

Future Finance nets €40m Series C to fund more loans

Student lending platform Future Finance has netted €40m in a Series C round to support the funding of more loans.

Nordea launches FinTech fund, invests in Betalo

Nordea Bank is set to launch a venture capital fund to invest in FinTech startups, having already backed mobile money company Betalo.

Banks prepare for MiFID II with Ethereum smart contracts

With MiFID II set to come into force in just a few days, UBS has initiated a project to use Ethereum smart contracts for compliance.

British cross-border payment startup Kapaga bags ?1.5m

UK-based cross-border payment platform Kapaga has raised ?1.5m in a funding round led by Tiger Global.

Ascent adds seven new regulators to its platform

Compliance automation platform Ascent RegTech has launched seven new regulators into its platform.

BullBear launches new feature to train users’ trading skills during the COVID-19 pandemic

Trading app BullBear has become the latest FinTech company to take advantage of the coronavirus crisis by launching a new feature.

News Stories

MAS

Singapore’s MAS and PBC unite forces for green finance advancement

The MAS of Singapore and China's PBC bank have joined hands to advance cooperation in green and transition finance.
Vitesse, a leading provider of treasury and payment solutions tailored for the insurance industry, has announced the completion of a substantial $93m Series C funding round.

InsurTech innovator Vitesse secures $93m Series C for US expansion

Vitesse, a leading provider of treasury and payment solutions tailored for the insurance industry, has announced the completion of a substantial $93m Series C funding round.
Howden, a leading insurance broker, has announced the acquisition of MiCRO, a microinsurance specialist focused on providing parametric insurance coverage to underserved populations in Latin America against natural catastrophes.

Howden acquires MiCRO to expand parametric insurance solutions in Latin America

Howden, a leading insurance broker, has announced the acquisition of MiCRO, a microinsurance specialist focused on providing parametric insurance coverage to underserved populations in Latin America against natural catastrophes.

NGFS urges central banks to embrace sustainable investing

The Network for Greening the Financial System (NGFS) has released a comprehensive report advocating for central banks worldwide to incorporate sustainability considerations into their...
Ndustrial, a company specialising in industrial energy optimisation, has announced the successful initial close of its Series B funding round, securing an impressive $18.5m.

Ndustrial secures $18.5m Series B funding for energy optimisation solutions

Ndustrial, a company specialising in industrial energy optimisation, has announced the successful initial close of its Series B funding round, securing an impressive $18.5m.

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week