E-commerce

Payments API Modulr closes ?18.9m growth funding

Payment as a service API platform Modulr has closed a ?18.9m in growth capital, just months after closing its former round.

Freelancer-focused neobank Lili snares $55m in Series B round

New York-based neobank Lili has raised $55m from a Series B funding round led by Group 11.

Royalty Exchange raises $6.4m to help expand product offering

Online music royalty marketplace Royalty Exchange has raised $6.4m to help expand its staff and technology.
fintech insurtech wealthtech regtech ai cybertech esg news

Sift Science partners with Acapture to fight ecommerce fraud

Sift Science, a machine learning company that protects businesses from fraud and abuse, has partnered with payments processor Acapture.

Zilch exits stealth on the back of $10m round and now plans to give...

London-based FinTech Zilch has raised $10m to fund the rollout of its buy now, pay later platform, aiming to compete with companies like Klarna and Afterpay.

James Corden-backed Imprint lands ?38m from Series A funding haul

Branded payments company Imprint has secured ?38m from a Series A funding round backed celebrity James Corden and payment giant Stripe.

Power2SME closes $36m Series E funding round

India-based Power2SME has closed a $36m Series E funding round to help with geographic expansion.

Payments challenger Airwallex confirms unicorn status with DST Global-led Series C round

Cross-border payments challenger Airwallex has confirmed its unicorn status by passing a $1bn valuation through its latest funding round.

Storfund said to raise $36.5m in fresh funding

Storfund, which helps retailers improve their e-commerce operations, has reportedly raised $36.5m in new funding.

Non-traditional sign-up products to fuel subscription surge

Non-traditional sign-up products and services are expected to fuel the next wave of subscriptions, according to a report from Barclaycard Payments.

News Stories

Akur8, the next-generation insurance pricing and reserving platform, has been selected by RSM to enhance its insurance pricing process.

Akur8 selected by RSM to bolster its insurance pricing process

Akur8, the next-generation insurance pricing and reserving platform, has been selected by RSM to enhance its insurance pricing process. The partnership is aimed at enabling...
TD

TD Bank faces $3bn fine for historic AML compliance failures

TD Bank has been slapped with a staggering $3bn fine after admitting to breaches of US anti-money laundering regulations.
Amwins has partnered with Floodbase to create a new municipal flood insurance program aimed at addressing the growing financial risk posed by atmospheric river flooding to municipalities in California.

Amwins and Floodbase partner to launch parametric flood insurance for California municipalities

Amwins has partnered with Floodbase to create a new municipal flood insurance program aimed at addressing the growing financial risk posed by atmospheric river...
UK

TWG publishes AI deployment blueprint for UK’s investment management sector

The Technology Working Group, chaired by Michelle Scrimgeour and supported by the Investment Association, has unveiled its third and final report titled "Intelligent Investment: AI Deployment Strategies for UK Investment Management Firms."
Cytora, a leading digital risk processing platform, has announced a partnership with Kroll, an independent global firm specialising in risk and financial advisory solutions.

Kroll and Cytora collaborate to streamline asset valuation in commercial insurance underwriting

Cytora, a leading digital risk processing platform, has announced a partnership with Kroll, an independent global firm specialising in risk and financial advisory solutions. This...

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