Why metaverse insurance is bigger than you think
The Metaverse has captured the attention of many. Mark Zuckerberg envisions a world where people “jump into” the virtual world to “do almost anything”. But doing things comes with risk, and risk needs to be priced. So where does insurance come into these big plans?
Puzzle secures $30m for revolutionary AI-powered accounting platform
Puzzle, an AI-powered accounting solution, has successfully secured $30m in new funding. This significant investment round was led by S32 and XYZ Capital, with notable...
Sila nets $7.7m in its seed round to support the release of new services
Banking and payments API platform Sila has netted $7.7m in its seed funding round to support the development of new products.
Go Ventures, Sequoia India’s Surge back Vara to digitise Indonesian SME payrolls
Indonesia-based staff management platform Vara raised $4.8m in seed funding from Go Ventures, the investment arm of super app Gojek, as well as RTP Global, Alpha JWC Ventures, Sequoia Capital India’s Surge, FEBE Ventures and Taurus Ventures.
Cybersecurity spending for critical infrastructure to surpass $105bn by 2021
Spending into critical infrastructure cybersecurity to surpass $105bn this year, according to new research.
Crezco closes seed round to build UK’s first open banking payment service aimed at...
Crezco, which claims to be the UK’s first open banking payment solution aimed at b2b invoice payments, has netted £3m in its seed round.
illimity unveils new banking service that integrates its platform with other banks
Italian lender illimity has launched a payment initiation service (PIS) that enables customers to make payments from accounts with other banks, consolidated in the illimity platform.
Remote workers using personal devices causes rise in cybersecurity risks
Almost a quarter of professionals working from home have used unauthorised devices, which has increased the risk of breaches, according to new research from CybSafe, the London-based cybersecurity software platform.
Financial wellness platform Northstar scores $24.4m
Northstar, a financial wellness benefit platform, has secured $24.4m in a funding round led by GGV Capital.
On-demand payment service DailyPay scores $260m
DailyPay, an on-demand payment platform to help America’s workforce have more control of their finances, has netted $260m in funding.