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UK banks forced to embrace FinTech

UK banks are being forced to get to grips with FinTech thanks to a package of measures being imposed by the Competition and Markets Authority (CMA).

Resolute Ventures returns with fourth fund, just 19 months after Fund III close

Resolute Ventures is back with its second fundraise in 19 months through the launch of a new vehicle eyeing up to $75m.

Text-based financial advice service Stackin’ closes $12.6m round

Stackin', a text message-based financial advice platform, has collected $12.6m in its Series B round which was led by Octopus Ventures.

Retail investing app Newchip secures $2m in Seed funding round

Business and real estate investment marketplace Newchip has secured $2m in its Seed funding round.

AdvisorEngine picks up $20m for wealth management platform

Digital wealth management platform Vanare has raised $20m in a Series A round. The financing comes in the form of a strategic investment by WisdomTree Investments.

Neobanks and InsurTech startups among the 23 FinTechs raising money last week

Challenger banks and InsurTech ventures stood out among the 23 FinTech companies that successfully raised money last week.

Why crypto startups and InsurTechs flourished among 31 FinTech investment rounds last week

Cryptocurrency-focused enterprises, cybersecurity firms, challenger banks and InsurTechs were among the big winners of the 31 FinTech funding rounds reported last week.

Financial wellness app BrightPlan closes Series B on $12m

Personal finance platform BrightPlan has netted $12m in its Series B round, bringing its total equity funding to $37m.

BharatPe earns the horn, triples valuation to $2.85bn after Tiger Global-led oversubscribed round

Merchant payments and financial services provider BharatPe raised $370m in a primary and secondary mix, as a part of a Series E funding round led by new investor New York-based Tiger Global Management.

Monzo and Starling Bank lead service quality league

Challenger banks Monzo and Starling Bank led the list that provided the best service among the UK's 19 largest personal account providers, according to new research from British regulators.

News Stories

Boaba and Continental Assist have announced a partnership that aims to promote and expand parametric insurance solutions in the Latin American market.

InsurTech Baoba partners with Continental Assist for parametric solutions in LaTAm

Boaba and Continental Assist have announced a partnership that aims to promote and expand parametric insurance solutions in the Latin American market.
Specialty insurer Markel has announced that it has experienced a 113% increase in productivity for its underwriting team due to its partnership with InsurTech Cytora.

Markel sees 113% underwriting productivity increase following Cytora partnership

Specialty insurer Markel has announced that it has experienced a 113% increase in productivity for its underwriting team due to its partnership with InsurTech Cytora.
Arthur J. Gallagher & Co has acquired Ace Commercial Insurance Center in a significant move  designed to bolster its position in the competitive transportation market.

Gallagher acquires Ace Commercial to strengthen transportation market presence

Arthur J. Gallagher & Co has acquired Ace Commercial Insurance Center in a significant move  designed to bolster its position in the competitive transportation market.
Ledgertech, Menora Mivtachim, and Cellcom have recently formed a strategic alliance to launch the first-ever automated digital travel insurance product.

Ledgertech, Menora Mivtachim, and Cellcom partner to launch automated digital travel insurance solution

Ledgertech, Menora Mivtachim, and Cellcom have recently formed a strategic alliance to launch the first-ever automated digital travel insurance product.
Global insurance association AIG has announced sweeping changes to its senior leadership team, following the appointment of a new executive vice president and chief marketing & communications officer.

AIG tweaks senior leadership team as it aims to sustain growth

Global insurance association AIG has announced sweeping changes to its senior leadership team, following the appointment of a new executive vice president and chief marketing & communications officer.

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