Credit Scoring

Banking software company Temenos acquires Logical Glue for £12m

By scooping up London-based Logical Glue, Temenos is strengthening the legal compliance of its banking platform.

Lending, credit and financial planning app Updraft seals £16m equity and debt investment

Lending, credit monitoring and financial planning app Updraft has scored a £16m equity and debt funding round.

Direct Line’s CTO reveals the evolution of insurance

The InsurTech industry might evolve to become more personalised to the individual consumer post-pandemic, according to Direct Line CTO Sarah Greasley.

GTCR sells credit reference company Callcredit Information Group for ?1bn

Private equity firm GTCR has sold credit reference company Callcredit Information Group to TransUnion in a ?1bn deal.
fintech insurtech wealthtech regtech ai cybertech esg news

Chinese credit assessment startup Wecash lands $80m

Chinese online credit evaluation platform Wecash has raised $80m in a Series C round from China Merchants Innovation Investment Management, Forebright Capital Management and SIG.

Deserve raises $50m round led by Goldman Sachs

Credit card company Deserve has just raised a massive $50m round led by investment bank Goldman Sachs.

Clair partners with MetaBank, Galileo to expand user accessibility

US FinTech Clair has partnered with sponsor bank MetaBank and payments processor Galileo to bolster user accessibility on its platform.

Credit solution platform Cortera raises $10m in its Series B

Cortera, which provides credit data solutions, has raised $10m in its Series B which was led by Hearst Fitch Group Financial Venture Fund.

Catch up on the 35 big FinTech funding rounds from the last week

Amidst the coronavirus crisis, many FinTech companies have still been able to raise big rounds. Here are 35 of the successful investment stories that...

Self Financial closes its third funding round in 18 months

Self Financial, which helps consumers build credit and savings, has netted $50m in its Serie E funding round

News Stories

Island's enterprise browser secures $175m in Series D, led by Coatue and Sequoia

Island’s enterprise browser secures $175m in Series D, led by Coatue and Sequoia

Island, the Dallas-based pioneer in enterprise browsers, today announced a significant boost to its financial standing and market position.
BlackRock leads $47m funding round for blockchain leader Securitize

BlackRock leads $47m funding round for blockchain leader Securitize

Securitize, the trailblazer in tokenising real-world assets, has just closed a strategic funding round, accumulating $47m.
Lendbuzz partners with Mizuho to secure $100m for innovative vehicle financing

Lendbuzz partners with Mizuho to secure $100m for innovative vehicle financing

Lendbuzz, which specialises in improving access to credit for consumers purchasing vehicles, has secured a $100m warehouse facility with Mizuho Americas. 
RegTech

How Muinmos has had a front-row seat to the RegTech revolution

As it prepares to turn 12, Danish RegTech firm Muinmos has witnessed the sector evolve rapidly since its inception. With more eyes on it...
As the world marches towards modernisation, industries across the board are facing the pressing question of how to adapt and stay relevant in an increasingly digital landscape. This shift is particularly pronounced in the insurance sector, where the demand for greater diversification of products and services is reshaping traditional business models. One of the key dilemmas facing insurers today is whether to invest heavily in transforming into full-fledged IT organisations or to concentrate solely on their core competency of crafting insurance products.

Should insurers invest in becoming an IT organisation?

As the world marches towards modernisation, industries across the board are facing the pressing question of how to adapt and stay relevant in an increasingly digital landscape. This shift is particularly pronounced in the insurance sector, where the demand for greater diversification of products and services is reshaping traditional business models. One of the key dilemmas facing insurers today is whether to invest heavily in transforming into full-fledged IT organisations or to concentrate solely on their core competency of crafting insurance products.

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