63% of Financial Institutions expect an increase in data costs in 2024
In a report published March 2024, Alveo polled 200 financial institutions about their current usage of data and AI. The respondents were split over...
AI will have the biggest impact on customer experience and operations
A recent report from EY looked at insurers’ focus on leveraging AI and data science in several key areas. Insurers know the potential benefits...
Global InsurTech seed deal activity halves in Q1 2024 YoY
Key Global InsurTech seed deal investment stats in Q1 2024:
• InsurTech seed deal activity reached 25 deals in Q1 2024, a 52% reduction from...
Revolutionary FinTech Kemet Trading raises $5m to redefine digital asset derivatives trading
Kemet Trading, a pioneering FinTech company, has successfully raised $5m in a financing round led by Further Ventures.
Baltic FinTech deal activity drops 45% in 2023 even with government growth strategies
Key Baltic FinTech investment stats in 2023
• Baltic FinTech investment totalled at $212m in 2023, a 67% drop YoY
• Baltic FinTech deal activity reached...
Four of the top ten Swiss FinTech deals were Digital Asset companies in 2023
Key Swiss FinTech investment stats in 2023:
• Swiss FinTech companies raised a combined $451m in 2023, a 62% drop YoY
• Swiss FinTech deal activity...
UK FinTech investment more than halves in 2023
Key UK FinTech investment stats in 2023:
• UK FinTech companies raised a combined $4,190m in 2023, a 59% drop from 2022
• UK FinTech deal...
Capella Space and Floodbase partner to enhance parametric flood insurance
Capella Space Corp., an American space tech company, has announced a strategic partnership with Floodbase to enhance parametric flood insurance.
How to modernise a legacy BI application for an insurance giant
In a bid to revolutionise the landscape of Business Intelligence (BI) applications, Ilya Mokin, Head of R&D at Symfa, unveiled the intricate details of their recent BI modernisation project. Addressing the common challenge of sluggish reporting, Mokin shed some light on the hurdles faced, from onboarding complexities to navigating intricate business logic.
Spanish FinTech deal activity outperformed the European FinTech market in 2023
Key Spanish FinTech investment stats in 2023
• Spanish FinTech deal activity totalled at 99 transactions in 2023, a 19% reduction from 2022
• Spanish FinTech...