Sector Updates

InsurTech Corvus spreads its wings into Europe

Corvus Insurance, a specialty insurance MGA offering commercial insurance products powered by AI-driven risk data, has opened a continental Europe office in Frankfurt, Germany.

Accern closes $20m Series B round

Accern, a NoCode NLP platform for financial services, has closed a $20m Series B round.

Stripe closes $600m Series G extension

Payments giant Stripe has closed a $600m extension to its Series G round, which was raised at a valuation of $35bn.

BlockFi secures new investment just months after former round

BlockFi, a cryptocurrency wealth management platform, has collected an investment from Three Arrows Capital, just months after it closed a Series B round.

Embedded finance software dev Alviere secures funding from Silicon Valley Bank

Alviere, which offers embedded finance software, has received financing from Silicon Valley Bank to support its growth in Europe and Latin America.

Crypto-wallet Change closes ICO pulling in $17.5m

Mobile wallet Change has ended its ICO after pulling in $17.5m from over 5,600 contributions.

Investment platform Jacobi closes AUD $11m investment

Cloud-based investment platform Jacobi has closed a funding round on AUD $11m ($7.6m) from several US investors.

CAPE Analytics and Socotra team up to help modernise underwriting

AI-powered property intelligence provider CAPE Analytics is partnering with Socotra, a cloud-native insurance platform.

World Bank rebuffs El Salvador with Bitcoin currency integration

The World Bank has declined to help El Salvador with the integration of Bitcoin into its currency system highlighting concerns around the environment and transparency.

Sentinels makes first partnership with a B2B payments company

Transaction monitoring platform Sentinels has formed a deal with TerraPay, marking its first partnership with a B2B payments and remittance company.

News Stories

Over $3bn raised in this week's 29 FinTech funding rounds

Over $3bn raised in this week’s 29 FinTech funding rounds

Over $3bn was raised by FinTech companies this week, supercharged by a colossal €1.5bn raised by UK-based SumUp. 
Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena, a pioneering FinTech company known for its cloud-native, API-led microservices-based multi-product platforms, has appointed Rajesh Mehta to its Growth Advisory Board.
League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League Data and Mambu have embarked on a groundbreaking journey to transform the Canadian financial landscape by introducing advanced cloud banking solutions to credit unions.
Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint, known as the world's most accurate device intelligence platform, is partnering with Oscilar, a leader in AI-driven risk and fraud management.
Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English, an online English-learning platform operating in over 30 countries, and dLocal, a leading cross-border payment platform specializing in high-growth markets, have recently announced a significant partnership.

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