Sector Updates

Flueid Software closes strategic investment from Aquiline

Flueid Software Corporation, which automates services within title insurance, real estate and mortgage lending, has received a strategic investment from Aquiline Technology Growth.

Santander sends customers £130m in technical malfunction

Santander is attempting to regain £130m after the bank sent out payments by accident to 75,000 accounts on Christmas Day.
Global reinsurance leader Gen Re and multinational technology firm CME have partnered in a bid to launch a fully digital underwriting solution for the life insurance industry for the MENA and East Mediterranean countries.

Gen Re and CME strive to fully digitise life insurance onboarding

Global reinsurance leader Gen Re and multinational technology firm CME have partnered in a bid to launch a fully digital underwriting solution for the life insurance industry for the MENA and East Mediterranean countries.

Cedar hits $3.2bn valuation after Series D close

Cedar, a financial engagement platform aimed at patients, has hit a $3.2bn valuation following the close of a $200m Series D.
Oportun secures $150m loan to boost digital banking

Oportun secures $150m loan to boost digital banking

Oportun Financial Corporation has closed a $150m senior secured term loan to drive its mission-driven FinTech and digital banking platform.

Transforming insurance pricing through decision intelligence

Understanding and effectively applying pricing decision intelligence is pivotal in improving profitability for insurers. Despite its significance, the industry grapples with successfully transforming their...

Acumatica nets $25m in Series C led by Accel-KKR

Business management software developer Acumatica has netted $25m in its Series C funding round led by Accel-KKR.

Why financial institutions can become the leaders of digital investing

There is little room in the market for standalone investment management services, Nucoro COO Nikolai Hack told FinTech Global.

Car telematics developer Zubie raises funds from Decathlon

Connected card technology developer Zubie has received a significant investment from Decathlon Capital Partners to help it launch new features.
+Simple, a European insurance distribution platform for small businesses, has announced the acquisition of OM Suscripción de Riesgos, a Spanish underwriting agency specialising in surety insurance and owned by Grupo Morera y Vallejo.

+Simple acquires OM Suscripción to boost Spanish insurance market presence

+Simple, a European insurance distribution platform for small businesses, has announced the acquisition of OM Suscripción de Riesgos, a Spanish underwriting agency specialising in surety insurance and owned by Grupo Morera y Vallejo.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

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