Sector Updates

Allianz in European Reliance take-over in Greece

International insurer Allianz SE is to acquire 72% of Greek insurer European Reliance General Insurance Company, as it looks to grow its franchise.

CISA calls on US firms to stay alert to Russian cybersecurity threat

The US Cybersecurity and Infrastructure Security Agency (CISA) has warned US firms to strengthen their security stance and stay on alert for possible Russian cyberattacks.

Brazilian digital bank Neon scores $300m from BBVA

Brazilian digital bank Neon has received a $300m investment from Spanish multinational financial services provider.

UK’s first prize-linked personal finance app EverUp enters cryptos

EverUp, which claims to be the UK’s first prize-linked personal finance platform, has entered the crypto and non-fungible tokens (NFTs) markets.

US lawmakers introduce legislative package to bolster infrastructure cybersecurity

Two US Senators have introduced a combined bill that is focused on strengthening the cybersecurity of critical infrastructure and government networks.

PE firm Main Capital buys major stake in ID developer InnoValor

Private equity firm Main Capital Partners has acquired a majority stake in mobile identity verification software developer InnoValor.

Legit Security inks $30m to deal with supply chain security issues

Legit Security, a company looking to tackle issues regarding software supply chain security, has bagged $30m from a Series A investment round.

Cyber InsurTech startup Cyber Sierra raises $4.3m

Cyber Sierra, a Singapore-based cyber insurance platform, has reportedly raised $4.3m in its seed funding round.

Intesa Sanpaolo invests digital banking dev Thought Machine

Italian bank Intesa Sanpaolo has invested ?40m into UK-headquartered Thought Machine, a developer of cloud-native core banking infrastructure.

UK financial regulators team to conduct payment systems review

Four financial regulators in the UK have a Memorandum of Understanding (MoU) that sets out the framework the authorities use to cooperate in relation to UK payment systems.

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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