Sector Updates

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France-based Lydia secures €13m funding led by CNP Assurances

France-based mobile payments platform Lydia has secured €13m in financing led by CNP Assurances.
Cake, a transactional marketplace tailored for independent insurance agents, has successfully concluded a pre-seed funding round, securing a $1.3m investment.

InsurTech startup Cake lands $1.3m in pre-seed funding

Cake, a transactional marketplace tailored for independent insurance agents, has successfully concluded a pre-seed funding round, securing a $1.3m investment.

Real estate investing app LEX locks up $6m in funding

LEX, which opens up real estate investment to everyone, has collected $6m in a new funding round.

Hacking concerns cause delay to UK Conservative leadership vote

Voting in the UK’s Conservative Party leadership election has been delayed after government cyber experts raised concerns over potential hacking of members’ ballots.

Microsoft Hong Kong and OneDegree revolutionise InsurTech and cybersecurity sectors with Azure OpenAI

OneDegree Global, a foremost technology start-up making waves in the InsurTech and cybersecurity sectors, and Microsoft Hong Kong, a division of the global technology giant, have announced a strategic partnership.

Cryptocurrency data platform Flipside Crypto nets $7.1m in seed funding

Business intelligence platform for cryptocurrency organisations Flipside Crypto has netted $7.1m in its Seed funding round.

FSB tells South Africa’s authorities to do more to secure financial stability

South Africa’s new bank resolution and deposit insurance measures are welcome, but more needs to be done to ensure financial stability in the country, according to a new report from the Financial Stability Board (FSB).

SME platform Sleek lands Series A funding

Sleek, a platform for entrepreneurs and business owners, has raised $14m in Series A funding, led by Jungle Ventures and White Star Capital.

QuasarDB secures $2.5m Seed round led by Partech

QuasarDB, a real-time data platform for the financial markets, secured a $2.5m Seed round led by Partech Ventures.
NMI unveils revolutionary embedded payments platform

NMI unveils revolutionary embedded payments platform

NMI launches an innovative embedded payments solution, known as NMI Payments, designed to seamlessly integrate within existing applications and payment solutions, providing a modular and flexible approach to payments.

News Stories

Aeropay secures $20m in Series B funding for A2A payments expansion

Aeropay secures $20m in Series B funding for A2A payments expansion

Aeropay, a leading provider of Pay-By-Bank solutions for businesses, announced $20m in Series B financing.
INSTANDA and UnderwriteMe partner to revolutionise life insurance with no-code tech

INSTANDA and UnderwriteMe partner to revolutionise life insurance with no-code tech

INSTANDA, a leading global provider of SaaS platform technology for life insurance distribution and policy administration, has announced an integration with UnderwriteMe, a comprehensive SaaS underwriting platform provider for the life insurance industry.
Irish AI startup Numra secures €1.5m to launch finance assistant Mary

Irish AI startup Numra secures €1.5m to launch finance assistant Mary

Irish AI startup Numra, previously known as Autonifai, has announced a €1.5m funding round to introduce its AI finance assistant, Mary, to the market.
Cache Valley Bank partners with Finastra to enhance digital banking

Cache Valley Bank partners with Finastra to enhance digital banking

Cache Valley Bank, a community bank with $2.9bn in assets serving Utah and Southern Idaho, has expanded its collaboration with Finastra, a financial software provider, to enhance its digital banking infrastructure.
Work payments platform Native Teams raises €6.2m to expand into Asia

Work payments platform Native Teams raises €6.2m to expand into Asia

Native Teams, a work payments platform for freelancers, remote workers, and business owners, has successfully raised €6.275m to further its ambitious plans of becoming the go-to platform for work payments.

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