Sector Updates

Kamakura’s new suite helps Bank Islam Malaysia Berhad’s digitalisation process remain compliant

Bank Islam Malaysia Berhad’s taps RegTech Kamakura Corporation to ensure its digitalisation process remains compliant.

InsurTech Mployer Advisor secures $1.6m funding

Insurance broker platform Mployer Advisor has raised $1.6m in a financing round led by Martin Ventures.

Swiss Re teams with Claim Genius to unveil AI solution for motor claims

Swiss Re has partnered with InsurTech firm Claim Genius to introduce an AI-powered solution for motor claims.

MenaPay secures funding as it hopes to continue growth in the MENA region

MenaPay, which aims to become the largest digital finance platform in the Middle East and North Africa (MENA) region, has closed a new funding round.

Easiloan.com closes its first institutional investment

India-based Easiloan.com, which leverages AI to support the process of getting a mortgage, has closed its first institutional investment round.

CUNA Mutual Group and WithClutch join forces

CUNA Mutual Group, an insurance, investment and financial services company, has partnered with WithCluth, a FinTech focussed on allowing consumers to refinance high interest consumer loans through a digitally-enabled and frictionless process.
Napier, the London-based financial crime compliance RegTech, has announced that it has been selected as the anti-money laundering (AML) platform for Satchel.

Napier selected by Satchel to provide AML platform

Napier, the London-based financial crime compliance RegTech, has announced that it has been selected as the anti-money laundering (AML) platform for Satchel.

Airwallex scoops up $13m to take B2B remittances global

Australian cross-border payments service Airwallex has landed $13m in a round led by Chinese web giant Tencent. Sequoia Capital China, MasterCard and existing backer Gobi Ventures also participated.

FinTech unicorn Chainalysis doubles its valuation in just a few months

Chainalysis, a blockchain data platform, has closed its Series E round on $100m to bring its valuation to $4.2bn, just months after it was valued at $2bn in its Series D.

Prima Solutions has signed up AGPM as a partner

French InsurTech Prima Solutions has announced that insurer AGPM is placing its confidence in the reinsurance platform Prima XL to optimise its reinsurance operations.

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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