Sector Updates

Root joins Verisk Data Exchange to improve auto insurance

Root Insurance has joined the Verisk Data Exchange, a telematics data exchange in the US.

Revolutionising car insurance in Malaysia: CARSOME and PolicyStreet launch Care+

PolicyStreet, an innovative insurance solutions provider, and CARSOME, Southeast Asia's largest integrated car e-commerce platform, have come together to launch CARSOME Care+, a unique Car Personal Accident Coverage for Malaysians.

Neobank 86 400 launches electricity deal comparison tool

Digital bank 86 400 has unveiled another feature to woo potential customers: Energy Switch.

ZP Group lands Series C funding to expand cybersecurity offering

ZP Group, a provider of premium cybersecurity services and solutions, has closed a Series C round of funding.
Malwarebytes

Malwarebytes secures $100m investment

Cybersecurity protection company Malwarebytes has scored a $100m strategic minority investment from tech-focused private equity firm Vector Capital.
temenos-digital-mortgages

Temenos unveils AI-driven digital mortgage solution for efficient lending

Temenos, a global leader in banking software, has launched a fully-integrated, AI-powered digital mortgages solution.
bnpl-giant-klarna-to-launch-late-fees-in-uk

BNPL giant Klarna to launch late fees in UK

BNPL giant Klarna will reportedly start charging customers for any late payments in the UK, in hopes to curb loan defaults.
Toku's Series A infusion of $9.3m to bolster digital collections in Latin America

Toku’s Series A infusion of $9.3m to bolster digital collections in Latin America

Toku, a Chilean FinTech platform, has successfully closed its Series A funding round, raising a substantial $9.3m.
FWD Group Holdings Limited and Microsoft have a four-year extension to their partnership that is designed to shape the future of AI-driven insurance experiences.

FWD Group partners with Microsoft to shape the future of AI-driven insurance experiences

FWD Group Holdings Limited and Microsoft have a four-year extension to their partnership that is designed to shape the future of AI-driven insurance experiences.

The FCA and the Bank of England find that two-thirds of UK banks and...

Machine learning technology is poised to be huge thing in financial services. In fact, two-thirds of UK-based firms are already using it.

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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