Bit2Me, a Spanish digital asset company registered with the Bank of Spain, recently announced a closing investment of €14 million.
FinTech News
Insurance giant Generali bolsters presence in Europe with $2.5bn Liberty Seguros acquisition
Liberty Mutual Insurance, a global provider of various insurance products and services, has confirmed a definitive agreement to sell its Madrid-headquartered personal lines and small commercial insurance business, Liberty Seguros, S.A., to Generali Group.
Blackbird.AI, a firm in the AI-driven narrative and risk intelligence space, has netted a $20m Series B funding round.
Reask, an innovative company leveraging artificial intelligence (AI) to interpret and predict extreme global weather conditions, announced a successful investment funding total of $6.55m.
Kin, a direct-to-consumer home insurance company, announced its latest expansion into Alabama.
FinTech News
Transforming PropTech and InsurTech: Lexasure collaborates with Qornerstone on new insurance solutions
Lexasure Financial Group Limited, a key player in the InsurTech market across South and Southeast Asia offering reinsurance, insurance, and tech solutions, along with Qornerstone, an innovative PropTech firm revolutionising property management, have recently unveiled a memorandum of understanding to develop a strategic partnership.
FinTech News
Bolstering growth: CAC Group supercharges financial capabilities through expanded syndicated loan
CAC Group, a comprehensive insurance brokerage enterprise incorporating CAC Specialty, Cobbs Allen, and Dorset Peak, has broadcast the successful enlargement of its syndicated loan facility, supported by Wintrust Financial Corporation, alongside contributions from Synovus and JPMorgan Chase.
Last month, Aiviq spearheaded a crucial industry event, bringing together forward-thinking leaders from 10 prominent asset management firms.
Shift5, a firm specialising in onboard data, has announced a $33m rise in its finances, bolstering its Series B round to an impressive $83m.
Compliance Management
Ushering a New Era in FinTech with Aveni’s NLP-powered QA Innovation: The Age Partnership Success Story
Aveni, an AI solutions company, has partnered with UK-based Age Partnership, a leading equity release advisory firm, to revolutionise their Quality Assurance (QA) monitoring capacities. This strategic collaboration aims to enhance QA monitoring in terms of coverage, speed, and precision.
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