Hub International Limited (Hub) has acquired Western Growers Insurance Services (WGIS) to strengthen its service offerings in the agribusiness sector. The acquisition is set to leverage WGIS' expertise in agricultural risk management and employee benefits, in a move that sets the stage for expanded growth for Western Growers Insurance Services (WGIS) through increased resources and capabilities. The move allows Hub to...

Key Global RegTech investment stats in Q3 2024: Global RegTech funding halved in Q3 QoQ UK leaps to the top of the pack as it secured 30% of the top 10 deals for the quarter MirrorWeb, a leading UK provider of digital communications archiving and regulatory compliance software secured $63m in a funding round making it the biggest UK...

Next Insurance, a US-based InsurTech firm, has partnered with insurance giants Allstate and Allianz in a move which includes a $265m strategic investment. The investment will enable Next to enhance its product offerings and expand its reach to small business clients, according to the Coverager. Under this new partnership, Next’s digital insurance products will become accessible to Allstate customers, and the...

UK-based Wayhome has raised £8m in Series A funding led by existing investors Allianz X and Augmentum Fintech. The round also featured additional support from new backers Volution, Love Ventures, and Cur8 Capital, according to Finextra. Wayhome’s model provides a unique home ownership option for those struggling to buy a home outright in the current UK property market. Through its part buy,...

Konsentus, a global provider of open banking advisory services and centralised technology infrastructure, has been selected by the Bank of Namibia to establish API standards that will support the implementation of open banking in Namibia. This initiative was sparked by Namibia’s National Payment System Vision 2021-2025, which identified open banking as a cornerstone for fostering consumer-centric, innovative payment solutions, according...

Standard Chartered, a prominent global bank, has joined hands with Wise Platform, a leader in global payments infrastructure, to power a revamped cross-border payment service, SC Remit.  This partnership will streamline international transactions for customers in Asia and the Middle East, offering rapid transfers across 21 currencies including USD, CAD, EUR, GBP, SGD, HKD, and JPY. The collaboration between Standard Chartered...

Nium, renowned for its real-time cross-border payment infrastructure, has partnered with HyperGuest, a leading B2B marketplace in the travel and hospitality sector.

Intesa Sanpaolo and Visa have recently reaffirmed their commitment by renewing their strategic partnership.

Normative, a Swedish leader in enterprise carbon accounting, has strategically expanded its influence in the Nordics by acquiring Eivee, a prominent Danish provider of carbon accounting solutions.

NatWest, a prominent UK banking institution, and Mastercard, a global leader in payment solutions, have collaborated to introduce a mobile virtual card payment solution for UK businesses.