Sector Updates

Cora closes $26.7m Series A to help entrepreneurs in Brazil

Brazil-based Cora, which provides self-employed individuals with a digital banking platform, has scored $26.7m in its Series A round.

How RegTech is becoming more than just a subset of FinTech

The 2010s saw business leaders realise the importance of compliance. However, RegTech could get even bigger in the next decade, believes Kristoff Zammit Ciantar, CEO of KYC Portal.
SAP

Former JetBlue exec Sophia Mendelsohn joins SAP in top sustainability role

SAP, the renowned enterprise application software company, has proudly declared the appointment of Sophia Leonora Mendelsohn.
fintech insurtech wealthtech regtech ai cybertech esg news

FinTech investor tryb pumps $4m into smart contracts firm Chinsay

Sweden-based smart contracts company Chinsay has picked up $4m from Singapore-based FinTech investor tryb Capital.

Societe Generale buys banking-as-a-service platform Treezor

Societe Generale has purchased French banking-as-a-service platform Treezor as part of its ‘transform to grow’ strategy.

InsurTech Pie Insurance adds automated bind request to its portal

Hot on the heels of raising a $127m round in May, Pie Insurance has now announced that it has added automated bind requests within its partner portal.

Blend hits $3.3bn valuation nearly doubling in five months

Digital lending platform Blend has scored $300m in its Series G round, helping to nearly double its valuation to $3.3bn in just five months.

ECB warns banks instant payment levies are hindering uptake

The European Central Bank (ECB) has issued a warning to banks that charges levied for instant payments are proving a barrier to uptake.
fintech insurtech wealthtech regtech ai cybertech esg news

Vela expands MiFID II solution suite with SI Data Hub launch

Vela, the premier market access technology provider, has expanded its MiFID II solution suite as the deadline for the regulation fast approaches.

UK regulators clear NortonLifelock $8bn purchase of Avast

UK regulators have given the provisional nod for NortonLifeLock to purchase Avast in an $8bn deal.  

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...

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