Corlytics has recently announced a major investment from Verdane, a specialist growth investor known for creating category leaders.
FullCircl, a SaaS platform renowned for eliminating regulatory and verification hurdles, has made a pivotal update to its executive team.
In the latest episode of Napier AI's podcast series, the spotlight shines on the transformative power of automation in the compliance processes within the Wealth & Asset Management sector.
In the financial sector, the spotlight has recently intensified on non-financial misconduct, spurred by the Financial Conduct Authority's (FCA) focused initiatives and investigations into issues like sexism, bullying, and discrimination.
Munich Re Automation Solutions Ltd has entered into a significant business relationship with American Family Life Insurance Company, marking a pivotal shift towards cloud-based solutions within the insurance sector.
AXA, a global insurance and asset management behemoth, and Amazon Web Services are setting the stage for a groundbreaking collaboration with the development of the AXA Digital Commercial Platform (DCP). The partnership between AXA and AWS aims to craft the AXA DCP, a state-of-the-art risk management platform. This platform is envisioned to amalgamate industry, business, and environmental data, incorporating...
Hokodo, described as Europe's premier digital payment terms provider, has successfully secured a significant debt facility.
KredosAI, a trailblazer in leveraging human-centric AI for financial solutions, has successfully closed a significant funding round. The investment was led by StartFast Ventures, with participation from a consortium of notable investors including SaaS Ventures, Stout Street Capital, Okapi Ventures, and Early Light Ventures. This round of funding marks another milestone following a previously successful round led by the Seattle-based...
Smartpay, a trailblazer in the Japanese FinTech sector, has successfully completed a $7m Pre-Series A funding round, led by SMBCVC and Angel Bridge VC, drawing significant attention from both Japanese and international investors.
Key European InsurTech investment stats in Q1 2024
• European InsurTech deal activity totalled at 16 transactions in Q1 2024, a 57% drop from Q1 2023
• European InsurTech companies raised a combined $228m in Q1 2024, a 47% reduction from Q1 2023
• The UK and Germany were tied as the most active InsurTech countries in Europe in the first quarter...
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