WealthTech

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Octopus Labs announces first FinTech accelerator cohort

FinTech accelerator Octopus Labs has announced the first five startups that will join its first programme this summer.

Zero scoops up $2.5m for debit cards with credit card perks

Mobile banking startup Zero has raised $2.5m in a seed round of funding led by ENIAC Ventures. New Enterprise Associates, Nyca Partners, Lightbank and Middleland Capital also participated.

JP Morgan partners and takes stake in InvestCloud

The US largest bank by assets, JP Morgan is investing in Los Angeles FinTech company InvestCloud and partnering with it to deploy customised dashboards to investors.

Challenger bank OakNorth hits profitability in first year

Entrepreneur-focused challenger bank OakNorth is proving just how big an impact these digital-only alternatives could have on traditional banking by breaking even in its first year on the market.

Chinese credit card app grabs $310m at $1bn valuation

Credit card management app U51.com is the latest Chinese FinTech startups to land a $1bn-plus valuation as the company announces its $310m Series C round.

Spiking scores $750k for stock market advice

Stock market tracking app Spiking has raised $750,000 in a seed round of funding from a group of individual investors.

Curve adds ?2m to fight FinTech fragmentation

UK startup Curve is adding another ?2m ($2.6m) to its seed round to bring its total funding to ?3.5m. The fresh capital comes from Connect ventures and new individual backers.
fintech insurtech wealthtech regtech ai cybertech esg news

N26 taps into Siri for voice-activated transfers

N26 is making good us of Apple’s latest update to its iOS mobile operating system that gives developers access to its voice activates assistant Siri.
fintech insurtech wealthtech regtech ai cybertech esg news

Almost 80% of financial advisors expect robo to disrupt industry

Automated and algorithm-based wealth management is making an increasing impact on traditional wealth management.
fintech insurtech wealthtech regtech ai cybertech esg news

zipMoney acquires finance management app Pocketbook

Australian payments and finance app zipMoney is acquiring personal finance management app Pocketbook for $7.5m.

News Stories

CUBE

CUBE bolsters reach with Thomson Reuters Regulatory Intelligence acquisition

CUBE, a leading provider of ARI and RCM, has acquired Thomson Reuters Regulatory Intelligence and Oden products and businesses.
Assurant has announced the launch of a new solution designed to address the growing need for specialised tech support solutions tailored for residents in multifamily housing complexes.

Assurant launches insurance tech support product

Assurant has announced the launch of a new solution designed to address the growing need for specialised tech support solutions tailored for residents in multifamily housing complexes.
Workiva

Workiva and ERM unite to drive sustainable business practices

ERM, the largest global specialist sustainability consultancy, has recently announced a strategic partnership with Workiva.
Basel

Basel Committee highlights rising risks from finance digitalisation in new report

The Basel Committee on Banking Supervision has released a comprehensive report analysing the impact of ongoing digitalisation on the finance sector, particularly focusing on banks and supervision.
InsurTech leader Kalepa is set to leverage its award-winning Copilot underwriting platform to enhance risk analysis, critical submission management capabilities, and document ingestion for Munich Re Specialty – North America.

Munich Re Specialty – North America to deploy Kalepa’s Copilot underwriting platform

InsurTech leader Kalepa is set to leverage its award-winning Copilot underwriting platform to enhance risk analysis, critical submission management capabilities, and document ingestion for Munich Re Specialty – North America.

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