Sector Updates

Apiiro, a cloud-native application security provider, has landed $100m in a Series B funding round headed by General Catalyst.

SME accounting and payments software provider Autobooks has picked up $5.5m in a Series A venture round. Draper Triangle Ventures led the investment.

Insurity has launched an AI-powered analytics solution which it claims will revolutionise decision-making for P&C insurance carriers.

Swiss Re has announced its white-labelling digital insurance platform iptiQ will become a standalone division.

wefox, a prominent InsurTech company, has announced the appointment of Mark Hartigan as its Executive Chairman and Chief Executive Officer.

Singapore-based Finbots.AI, which helps firms better handle credit risk, has collected $3m in its Series A funding round.

HyperPay, a Saudi Arabia-based payment service provider, has closed an eight-digit funding round.

In a move that underscores the tension between environmental policies and the fossil fuel industry, West Virginia's State Treasurer Riley Moore has announced a significant decision affecting the banking and financial sector.

Real Estate Technology Ventures has closed its first fund on $108m of commitments to invest in real estate technology companies. The Utah-based firm will tap...

SecondSTAX, a pioneering tech firm specialising in enhancing intra-Africa capital and investment flows, has recently entered a promising collaboration with Nigerian Exchange Limited (NGX).