Sector Updates

Socotra and Avolanta to deliver full tech stack for insurers

Socotra, a cloud-native core platform for insurers, is partnering with Avolanta to help insurers launch innovative products and seamless digital experiences for brokers, agents, and customers.

Addi takes digital commerce by storm in Latin America

Colombia-based Buy Now, Pay Later (BNPL) FinTech Addi has raised $200m of debt and equity financing to power its Latin America expansion plans, a report by FinTech Futures has revealed.

Spenmo nets $34m to bolster business payment management service

Business payment management solution Spenmo has netted $34m in its Series A funding round.

Duck Creek and Experian join forces for UK insurance market

Duck Creek Technologies has entered into a partnership with global information services company Experian to serve the UK insurance market.

InsurTech NY: calling all InsurTech startups

InsurTech NY has opened the application window for its third annual InsurTech Early-Stage Competition.

IRA investing app Alto Solutions scores $40m round

Alto Solutions, a self-directed IRA platform that helps individuals invest into alternative assets through tax-advantaged retirement funds, has bagged $40m in Series B funding.

France bags another unicorn as payroll platform PayFit lands €254m

PayFit, a payroll and HR management platform for SMEs, has secured €254m from a Series E funding round led by General Atlantic.

Security intelligence firm Recorded Future snaps up SecurityTrails

Recorded Future, the largest global provider of intelligence for enterprise security, has acquired attack surface monitoring provider SecurityTrails for an undisclosed fee.

Car telematics developer Zubie raises funds from Decathlon

Connected card technology developer Zubie has received a significant investment from Decathlon Capital Partners to help it launch new features.

PayTech CellPoint bags $25m to fuel international expansion

Digital commerce and payment provider CellPoint Digital has scored $25m in funding from an equity financing round.

News Stories

How to identify the best ESRS solution for you

How to identify the best ESRS solution for you

The European Sustainability Reporting Standards (ESRS), which came into effect at the start of the year, brings significant changes to Environment, Social and Governance (ESG) related reports. The regulation brings new reporting requirements that can easily become complex if not using the right tools. The question is, what are the hallmarks of a good ESRS tool?
SAVR secures strategic backing from Incore Invest to enhance Nordic investment platforms

SAVR secures strategic backing from Incore Invest to enhance Nordic investment platforms

Incore Invest, a European investment firm known for supporting emerging FinTech ventures, has increased its investment in SAVR, a trailblazing FinTech company based in Sweden.
CUBE

CUBE bolsters regulatory expertise through Reg-Room acquisition

CUBE has announced its acquisition of Reg-Room, a prominent regulatory intelligence provider catering to the financial services sector.
Apis Growth Fund I celebrates successful exit from PayTech Adumo

Apis Growth Fund I celebrates successful exit from PayTech Adumo

Apis Growth Fund I, a private equity fund managed by Apis Partners, a UK-based asset manager, will have fully exited its position in South African merchant acquirer Adumo following Adumo’s acquisition by South African FinTech Lesaka Technologies, announced yesterday.
Numeric secures $10m in Seed funding to revolutionise accounting automation

Numeric secures $10m in Seed funding to revolutionise accounting automation

Numeric, an AI-powered accounting automation firm based in San Francisco and New York, has successfully secured $10m in a Seed funding round.

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