Accelerant, a private equity-backed unicorn focusing on the specialty insurance market, has launched a new digital platform to drive superior underwriting results. The offering, known as app.accelerant.ai, introduces AI-driven risk scoring designed to deliver real-time feedback on risk quality for specialty underwriters. These capabilities are among the latest in Accelerant’s growing portfolio of AI and machine learning products, including tools like portfolio-level...
Trustly, a global leader in open banking payments, has announced the appointment of Henrik Wallström as its new chief technology officer (CTO) for European operations. Founded in 2008, Trustly provides secure and efficient open banking payment solutions that allow consumers to make direct payments from their bank accounts without using a card. The company has expanded its footprint globally and...
Monta Capital, a specialist real estate investment firm, has announced the launch of its new digital platform designed to democratise the London property market. The new platform aims to bridge the gap between investors and high-end real estate opportunities in London, according to FF News. With an emphasis on transparency and ease of use, the platform is designed to cater to...
Square, a global technology and FinTech company known for its innovative business solutions, has announced the UK launch of Square Card, a business spending card aimed at streamlining cash flow management for small businesses. The move stems from research showing that business owners frequently face delays accessing their sales funds, according to FF News. By offering instant access to earnings, Square...
Key Global WealthTech investment stats in Q3 2024: Global WealthTech funding dropped by 7% QoQ during the third quarter
Deals under $100m increased by 10% QoQ as investors focused on smaller deals
DMI Finance, a pioneering digital financial services provider in India, secured one of the biggest WealthTech deals in Q3 with a $333m funding round In the third quarter...
WWF has collaborated with Themis, a financial crime software company, to launch a pivotal Environmental Crime Financial Toolkit.
FinTech News
Previsico expands AI flood forecasting to Ireland, enhancing insurer resilience to climate change
Previsico has unveiled its innovative live flood forecasting service in the Republic of Ireland.
Commercial Bank International (CBI), a leading UAE-based bank, has joined forces with Zumo, an innovative digital-assets-as-a-service platform.
Akeyless, a pioneer in the identity security sector, recently received a strategic investment from Deutsche Bank's Corporate Venture Capital group.
Consumer Platforms
Root Inc refinances $200m term loan facility with BlackRock to boost financial flexibility
Root, the Columbus, Ohio-based parent company of Root Insurance Company, has announced a successful refinancing of its term loan facility.
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