Xcelerate secures over $25m in funding to expand GRC and ESG platform
Singapore-headquartered Xcelerate, a prominent governance, risk & compliance (GRC), and environmental, social & governance (ESG) platform, has closed a funding round exceeding $25m.
AI
As it continues to rise and grow in stature, could AI lead to an industry meltdown and cause a financial crisis? 
Lloyds Bank joins forces with WaveBL to pioneer blockchain-based trade solutions
Lloyds Bank, a leading British financial institution, has announced a pioneering partnership with WaveBL, a prominent electronic trade documentation platform.
Warwick University's £1.25m leap into AI and FinTech innovation
The University of Warwick has been endowed with a significant £1.25m donation, earmarked for the groundbreaking FutureFinance.AI Research Group. This initiative, hosted within the prestigious Gillmore Centre for Financial Technology at Warwick Business School, is set to redefine the financial and property technology sectors over the next half-decade. At the heart of this ambitious project is the vision to revolutionize how...
Prowler secures $6m in seed funding to revolutionise cloud security
Prowler, a leading innovator in cloud security, has successfully secured a $6m seed funding round.
Quaint Oak Bank partners with Finzly for cutting-edge payment solutions and embedded banking expansion
Quaint Oak Bank, a relationship-focused financial institution, and Finzly, a leader in modern payment systems, have embarked on a strategic partnership to revolutionize Quaint Oak's payment infrastructure and expand its embedded banking services.
Vietnamese FinTech startup 1Long secures $500k in groundbreaking pre-seed funding
Vietnamese FinTech firm 1Long, a groundbreaking financial technology platform dedicated to facilitating individuals in achieving their financial aspirations, has raised $500,000 in a pre-seed funding round.
CyNam clinches significant funding from UKC3 to bolster cyber cluster collaboration
CyNam, UK-based cyber cluster, has entered a new phase of collaboration, powered by a funding boost from UKC3 - UK Cyber Cluster Collaboration.
Markel Group Inc. has welcomed the appointment of a new Chief Operating Officer (COO) to develop the system that supports its family of companies.
Markel Group Inc. has welcomed the appointment of a new Chief Operating Officer (COO) to develop the system that supports its family of companies.
study
A study by Moneyhub has shed light on the prevailing financial distress affecting various demographics across the UK.

News Stories

Zurich

BNM penalises Zurich units over TFS breaches

Zurich General Insurance Malaysia Berhad and Zurich General Takaful Malaysia Berhad, two Malaysian insurance arms of the Zurich group, have been handed combined administrative...
Squads

Squads raises $18m to expand stablecoin finance platform

Squads, a financial technology company building business finance on stablecoin infrastructure, has closed an $18m strategic funding round, bringing its total capital raised to...
Fence

Fence raises $20m to modernise asset-backed finance

Fence, a technology platform rebuilding infrastructure for asset-backed finance, has secured $20m in a new funding round led by Galaxy Ventures. The oversubscribed raise also...
Origami Risk, a provider of cloud-native risk, safety and insurance software, has been selected by Gramercy Risk Management, a niche-focused insurer targeting underserved markets, to deploy its P&C SaaS platform and support business expansion.

Origami Risk selected by Gramercy for SaaS platform

Origami Risk, a provider of cloud-native risk, safety and insurance software, has been selected by Gramercy Risk Management, an insurer targeting underserved markets, to...
Roamly, an InsurTech focused on mobility insurance solutions, has launched a usage-based commercial insurance product for autonomous fleets that prices cover in real-time, and reduces costs when vehicles operate in autopilot mode, in partnership with Tesla.

Roamly launches FSD insurance for autonomous fleets

Roamly, an InsurTech focused on mobility insurance solutions, has launched a usage-based commercial insurance product for autonomous fleets that prices cover in real-time, and...

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