Sector Updates

Pension auto-enrolment solution Smart Pension has raised £15m in a Series B round as it looks to broaden its proposition to cater to larger firms.

With over 500,000 UK SMEs facing significant financial distress because of COVID-19, the partnership between invoice insurance provider Nimbla and credit risk assessment platform Wiserfunding could provide some peace of mind.

Prove Identity, a leading name in digital identity solutions, has proudly announced the receipt of a notable $40m funding round.

BeeKeeperAI, a zero-trust, collaboration software firm for developing and deploying AI, has successfully secured $12.1m in funding.

InsurTech Waffle seeks expansion following $5m seed round

Peer-to-peer lending platform RAIZE has received a ?10m investment from Banco BNI Europa. The company will receive the funding over the course of two years.

DayTek Capital is set to launch its challenger bank services in Australia during the first half of 2020, with the goal of becoming the first “product-disruptive” bank in the country.

Both WeChat and Alipay have introduced services that enable foreign visitors to China to use their credit cards via their services instead of bringing...

System 9, a digital asset market-making firm focused on alt-coins, has raised $5.7m from a Series A funding round.

Online property marketplace Zoopla has acquired residential property data analytics firm Hometrack for £120m. Hometrack’s technology is designed to create automated valuation models (AVM) for properties.