Cytora
Cytora, a digital risk platform, is scaling new heights by inducting several figures from the insurance sector onto its global advisory board.
Navigating the Future Aviation's Transformation through Insurance
The aviation sector, with its rich tapestry of innovations and challenges, has always mirrored the intricacies of our rapidly evolving world. From major incidents like 9/11 and the subsequent geopolitical challenges, to facing global health crises such as the COVID-19 pandemic and the growing demands of climate action, aviation has consistently proven its resilience.
Irys InsurTech Inc. has landed $3.5m in its seed funding round, and is now aiming to take on the legacy competitors across the InsurTech space.
Pen Underwriting has signed a capacity agreement that will allow it to write £100m worth of solicitors’ professional indemnity (PI) business over the next three years.
Guavapay
Guavapay, a FinTech firm based in London, has teamed up with Yapily, a market leader in open banking infrastructure.
Key South East Asian FinTech investment stats in Q2 2023: • South East Asian FinTech deal activity reached 67 transactions in Q2 2023, a 48% drop YoY • South East Asian FinTech companies raised a combined $476m in fresh capital during the second quarter, a 68% decrease from the same period in 2022 • Blockchain & Crypto was the most active FinTech...
FX liquidity FinTech DMALINK secures £437k in crowdfunding campaign
DMALINK, a renowned name in the FinTech realm, recently celebrated a significant milestone. The firm successfully concluded its crowdfunding campaign on the Seedrs platform, raising an impressive £437,404, a feat even more commendable considering it exceeded their initial target of £425,010.
auxmoney, a prominent European digital-lending platform, has acquired the majority share in Lender & Spender BV, the Netherlands' leading tech-enabled credit marketplace. Building upon its consistent organic growth over recent years, this acquisition enables auxmoney to further its international influence and diversify its offerings. The exact valuation of the deal remains undisclosed at the current stage. Lender & Spender, established in...
Yahoo, a global online giant renowned for its diverse portfolio of iconic products, has made a strategic move by acquiring Commonstock, a rising star in the broker-agnostic social platform sector.
LemFi has raised $33m in its latest funding round, as the FinTech platform looks to transform financial services for immigrants all around the globe.

News Stories

Elastics raises $2m pre-seed for AI prediction market agents

Elastics, a Warsaw-based startup building an AI-native operating system for prediction markets, has closed a $2m oversubscribed pre-seed funding round. The round was led by...
FIS

FIS taps Anthropic to automate AML with AI agents

FIS has announced a partnership with AI company Anthropic to introduce agentic AI into banking, with its Financial Crimes AI Agent serving as the...
Global law firm Norton Rose Fulbright has launched the ninth edition of its Insurathon competition, offering InsurTech startups and scale-ups the chance to secure £50k in combined legal support and potential investment.

InsurTech startups set to compete for £50k Insurathon prize 2026

Global law firm Norton Rose Fulbright has launched the ninth edition of its Insurathon competition, offering InsurTech startups and scale-ups the chance to secure...
DORA

DORA compliance: closing the gap between contract and exit

Most financial institutions assume their exit obligations under the Digital Operational Resilience Act (DORA) are satisfied the moment a contract contains termination rights and...
Finastra

Finastra and Nammu21 tackle credit document automation

Finastra, a global financial software company, and Nammu21, a document intelligence FinTech, have announced a partnership aimed at automating the processing of complex credit...

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