userlane said to secure €10m in a Series B round
Digital adoption software platform userlane has reportedly secured a €10m Series B round to support its European expansion.
ECB changes bond rules to account for climate change
The Governing Council of the European Central Bank (ECB) will now account for climate change in its corporate bond purchases, collateral framework, disclosure requirements and risk management.
Aveni to help financial firms meet new consumer duty regulation with new platform
UK RegTech firm Aveni.ai has promised to help financial services companies meet new consumer duty regulation with the development of its Aveni Detect product.
Over 800 FinTech investors participated in European funding rounds in Q4 2022
Key Highlights from European FinTech investor activity during Q4 2022: • There were 863 unique FinTech investors in European companies
• They backed a total of...
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.
Allianz Commercial reveals new Head of Portfolio Solutions to shape global strategy
Allianz Commercial has made a significant addition to its leadership team by appointing Claudia Valencia as the Global Head of Portfolio Solutions, effective from January 8, 2024.
Visa and Lloyds Bank team up to unveil next-gen virtual card solution
Visa, a global pioneer in digital payments, and Lloyds Bank, a key player in the UK banking sector, have joined forces.
India’s InsurTech sensation InsuranceDekho clinches $60m
India's InsurTech startup InsuranceDekho, which emerged from the automobile marketplace group CarDekho, has successfully secured $60m in its latest fundraising effort.
Rapid digitisation in the Middle East causes rise in demand for cybersecurity
The cybersecurity market in the Middle East and Africa which was worth $1903m in 2020 is expected to reach $2893m by 2026 per new research by ResearchAndMarkets.com.
Online real estate unicorn Beike Zhaofang’s $1.2bn Series D round pushes its valuation past...
PropTech scaleup Tianjin Xiaowu Information Technology, which is also known as both Beike Zhaofang and Ke.com, has raised a massive $1.2bn capital injection from seven investors. The Series D round means it's valued at more than $10bn, making it a unicorn ten time over.