Infrastructure & Enterprise Software

SoftBank-backed True Balance secures $10m debt capital

True Balance scored $10m in debt funding for its non banking financial firm, True Credits.

Perception Point eyes growth acceleration following $28m Series B

Israel-based email and collaboration security company Perception Point has raised $28m from a Series B funding round.

Monzo to offer staff paid leave after pregnancy loss

Challenger bank Monzo becomes one of the first UK FinTechs to introduce paid leave for employees who are affected by the loss of a pregnancy as part of the bank’s mental health drive.

LatAm-based Plaid rival Belvo gets backing from Twitter and Wise execs in $43m Series...

Mexico City-based open finance API platform Belvo has raised $ 43m in a Series A funding round, touting it as “the largest ever Series A for a FinTech company in Latin America.”

Quantexa outline tips for data monetization through decision intelligence

Data and analytics software company Quantexa has published a white paper on how to monetize data through decision intelligence (DI) aimed at insurance executives.

Mercury becomes latest billion-dollar FinTech after Coatue-led $120m round

Mercury, a San Francisco-based digital banking outfit targeting startups, has raised $120m at a $1.62bn valuation in a Series B funding round.

Trio of Latin American FinTechs win equity-free grants from MetLife Foundation

A trio of FinTech companies have been selected to receive equity-free grants as part of Village Capital Finance Forward Latin America 2021, an investment-readiness program.

Check lands $75m led by Stripe

Check, a payroll infrastructure company that lets platforms embed payroll into their products, has raised a $75m in a Series C round led by Stripe.

ecolytiq joins forces with Snowdrop Solutions for climate awareness in banking

Sustainability-as-a-service provider ecolytiq has partnered with Snowdrop Solutions, a data enrichment service provider, to accelerate climate awareness and behavioural change for banking customers.

Rippling rakes in $250m

Rippling, a HR software firm, has raised $250m in Series D funding in a round co-led by Bedrock and Kleiner Perkins.

News Stories

FinTech

FinTech investment sees uptick following two sluggish weeks

There was a climb in investment in the FinTech sector this week, with FinTech Global reporting on a total of $399m being raised across...
compliance

Will 2024 be the year of compliance technology?

As technologically-driven solutions continue to firmly pierce the financial industry and how it runs, the need for firms to maintain compliance amongst a deluge...
ZeroEyes joins Lloyd's Lab for pioneering InsurTech against gun violence

ZeroEyes joins Lloyd’s Lab for pioneering InsurTech against gun violence

In an unprecedented move, ZeroEyes, known for its pioneering AI gun detection technology, has been welcomed into the coveted Lloyd's Lab Accelerator program, marking a significant stride in InsurTech innovation.
Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb Personal Risk Services (PRS), known for its commitment to providing exceptional insurance services, has announced the launch of an innovative self-service Flood Insurance System.
Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint venture

Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint...

Bishop Street Underwriters, a notable entity within the RedBird Capital Partners' portfolio, has formally announced a groundbreaking joint venture with Topsail Reinsurance SPC, Ltd....

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