Industry Research
Latin American Lending Tech companies reported trend defying 6% increase in deal activity in 2023
Key Latin American Lending Technology stats in 2023:
• Latin American Lending Technology deal activity reached 76 deals in 2023, a 6% increase from 2022
• Latin American Lending Technology companies raised a combined $491m in 2023, a 57% reduction from the previous year
• Brazil was the most active Latin American Lending Technology country with 20 funding rounds, a 26% share...
Swedish FinTech apps saw a combined 21.0m downloads from 2017-Feb 2024. This means on average Swedes have downloaded two FinTech apps each (population 10.5m). Incumbent and government apps saw a combined 19.7m over the same period. Swedish FinTech app downloads increased 14.9% in Feb 2023 to Feb 2024 whilst incumbents saw a 11.8% increase. Swedish finance apps saw a...
In an exciting development for early-stage FinTech startups globally, Fintech Sandbox has announced a significant expansion of its data access offerings.
Scaleup Finance, a pioneering company in the FinTech sector, has successfully closed an $8m (£6.4m) pre-Series A funding round. This significant financial boost is aimed at addressing the challenges of financial management faced by startup and scale-up companies. The round was spearheaded by Inveready, with contributions from Crowberry Capital, Seed X, PROfounders, Fin Capital, and CircleRock Capital. The funds are earmarked...
Belong, a pioneering wealth-building platform, has emerged from stealth mode, setting a new precedent for startups in the sector.
Global Screening Services (GSS), a forefront runner in the RegTech industry, has successfully completed its Series A2 funding round, securing over $47m (£37m).
The effectiveness of anti-money laundering (AML) and combatting the financing of terrorism (CFT), is not solely reliant on the initial design, but also comes from the adaptability and responsiveness to evolving risks.
Commercial/Enterprise Insurance
Chaucer introduces parametric cover for weather-driven business interruption losses
Chaucer, a leading insurance underwriting group, has introduced parametric cover to address weather-driven business interruption losses.
Company News
Apollo Underwriting partners with insurance industry giants to form new Builders’ Risk Consortium
Apollo Underwriting has introduced its new Builders’ Risk Consortium, in collaboration with Munich Re Syndicate Limited and Tokio Marine HCC.
On 14 March 2023, FullCircl led a significant assembly of the UK's premier financial crime and compliance authorities to impart crucial insights and strategies in anti-money laundering (AML), compliance, and anti-fraud that are setting financial institutions (FIs) apart in the competitive arena. The event's centrepiece was a main stage panel helmed by Warren Russell, EVP Identity Solutions at FullCircl. Russell...
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