Parsyl secures Series B to improve risk management for supply chains
Parsyl, a data-powered insurer of essential supply chains, has raised $25m in Series B funding.
France-based Pennylane collects €50m
France-based Pennylane, a full-stack financial management platform, has collected €50m in its Series B, as it looks to bolster its development efforts.
Derivatives analytics platform OpenGamma scores $21m
OpenGamma, which is on a mission to transform treasury within financial markets, has closed a $21m in funding.
EBA unveils new central database for AML and CFT
The European Banking Authority (EBA) has launched EuReCA, a new central database for anti-money laundering and counter-terrorism financing.
Tractable opens doors to Brazilian insurers
InsurTech Tractable is expanding its operations in Brazil following partnerships with Mapfre and Atos in the region.
TVM and Fixico team up to digitalise vehicle repair management
Fixico, digital car repair management platform, has partnered with transport and logistics vehicle insurer TVM Belgium to digitalise vehicle repair management.
Petriage and Crum & Forster to deliver connected care platform
Petriage, a pet health technology company, has partnered with Crum & Forster Pet Insurance Group, provider of the ASPCA pet health insurance programme, to provide AI-powered pet health tools.
FCC revokes Chinese telecom provider licence due to security risks
The Federal Communications Commission (FCC) has revoked China Unicom Americas’ licence due to ‘serious national security concerns’.
Climate change-focused InsurTech Descartes Underwriting secures $120m
Descartes Underwriting, which is helping insurers address climate and emerging risks, has secured $120m in its Series B.
Talon Cyber Security gets claws on $43m round
Browser-based cybersecurity platform Talon Cyber Security has extended its funding to $43m.
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