Trading Platforms

Blockchain-enabled FinTech PolySign nabs $53m

PolySign, a developer of blockchain-enabled digital asset infrastructure, has closed its Series C funding round on $53m.

Crypto unicorn Babel Finance closes another funding round just 12 months after former

Wholesale crypto financial services provider Babel Finance has scored $80m in its Series B funding round, just four months after its former round.

Agricultural hedging firm Stable closes Series B

Stable, which stylises itself as the home of hedging for the agricultural commodity industry, has scored $60m in its Series B funding round.

Clear Street hits $1.7bn valuation after first VC funding round

Clear Street, which claims to be building better access to capital markets, has scored a $165m Series B to accelerate the launch of its platform.

Crypto investing service Elwood Technologies bags $70m

Elwood Technologies, which offers institutional-grade access to digital markets, has scored $70m in its Series A round.

Crypto exchange KuCoin reaches decacorn milestone

Global crypto exchange KuCoin has closed its pre-Series B round on $150m, which brings its valuation to $10bn.

Digital asset trader Talos joins unicorn club

Digital asset trading technology developer Talos has joined the unicorn club, following the close of its Series B on $105m.

Reliance in Barra & Associates take-over

Reliance Global Group, which combines artificial intelligence (AI) and cloud-based technologies with the personalised experience of a traditional insurance agency, has acquired Barra & Associates.

Investment manager FundGuard scores $40m

FundGuard, an AI-powered investment management and asset servicing platform, has closed its Series B funding round on $40m.

Brazil’s Cerc closes funding ahead of IPO

Brazil-based Cerc has reportedly raised $100m in funding as it gears up for an IPO.

News Stories

Bolttech, a fast-growing global InsurTech company, has successfully secured a $50m venture debt facility from HSBC.

Bolttech secures $50m venture debt facility from HSBC to fuel InsurTech growth

bolttech, a fast-growing global InsurTech company, has successfully secured a $50m venture debt facility from HSBC. The financing will support bolttech’s strategic growth, allowing the...
fraud

What large organisations need to know about fraud prevention

The UK Home Office has issued guidance pertaining to the newly introduced offence of failure to prevent fraud by the Economic Crime and Corporate Transparency Act 2023, set to be enforced in nine months.
IFRS

IFRS Foundation releases guide on sustainability-related financial disclosures

The IFRS Foundation has launched a new guide to assist companies in identifying and reporting on sustainability-related risks and opportunities.
scams

How fraudsters use social engineering to empty bank accounts

Social engineering scams, particularly those involving bank impersonation, pose a significant threat to financial security.
VOOM Insurance, an InsurTech pioneer known for crafting usage-based insurance products tailored for the future of mobility, has appointed Thomas Coyne as its new head of insurance.

VOOM Insurance appoints Thomas Coyne as head of insurance

VOOM Insurance, an InsurTech pioneer known for crafting usage-based insurance products tailored for the future of mobility, has appointed Thomas Coyne as its new...

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution