Cytora, a digital risk platform, is scaling new heights by inducting several figures from the insurance sector onto its global advisory board.
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, a FinTech firm based in London, has teamed up with Yapily, a market leader in open banking infrastructure.
Industry Research
Blockchain & Crypto remains the most active FinTech subsector in South East Asia during Q2
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...
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.
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