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Hong Kong-based remittance service Bitspark has closed a funding round from RGAx.

Personal finance platform Fisdom has netted $4m in a Series B round led by Quona Capital’s Accion Frontier Inclusion Fund.

Australia-based Boundlss has closed a AUD $1.7m ($1.3m) to support the development of its AI-powered platform.

Paris-based InsurTech startup CBien has raised €8m in a new round from existing backers MAIF, MACIF and 5M Ventures.

Italy-based InsurTech platform YOLO has reportedly closed a €1m funding round led by Barcamper Ventures.

Private equity firm Riverside Partners has sold its stake in risk and compliance platform Pilgrim Quality Solutions to an unnamed buyer.

Berlin-based InsurTech platform Coya has raised $10m in its seed investment round.

FinTech's irresistible rise has financial institutions scrambling over one another to take advantage of the sector – but a trio of major pitfalls are present to engulf unwary  investors, FinTech author Paolo Sironi explained in a research interview with FinTech Global

FinTech investment firm Blackfin Capital has pulled in more than €100m at the first close of its second fundraise in two years.

Preventing people from being caught in a hurricane or tourists from being kidnapped are some of the radical new ways InsurTech companies could be...