London-based HealthTech company, Semble has raised $15m in a Series B funding round led by Mercia Ventures.  The tranche managed to land a swathe of investors with additional support coming in droves from Octopus Ventures, Smedvig Ventures, and Triple Point. With this latest funding, Semble intends to solidify its UK market presence while expanding into France, where it recently launched. The investment...

IQUW, a prominent (re)insurer with a focus on digital transformation and seamless broker experiences, has entered a strategic partnership with mea in a bid to transform the underwriting process.  Through the partnership, IQUW's operations will leverage mea's generative AI platform to improve efficiency and decision-making. The partnership seeks to significantly enhance underwriting productivity for IQUW, streamlining how the company processes submissions. This...

Zenity, the trailblazer in securing agentic AI, has successfully raised $38m in a Series B funding round.

In the UAE, adherence to the FATCA and the CRS is a priority for financial institutions, reflecting the country's commitment to international tax transparency.

The ASIC has released its inaugural report on the use and adoption of AI by financial services and credit licensees. The report underscores a pressing need for robust governance frameworks to keep pace with the rapid integration of AI technologies. This necessity arises from findings that show a majority of licensees are planning to increase their AI use, which could...

Key RegTech investment stats in Q3 2024: US RegTech deal activity dropped by 40% in Q3 YoY California continues to dominate the US RegTech market space after it secured a third of all the deals in the region for Q3 Vanta, a leading online security and compliance management platform, secured the largest RegTech deal in US for the quarter...

Bolt announces a strategic partnership with Salesforce, an industry leader in customer relationship management (CRM).

CyberCube, the foremost provider of cyber risk analytics, has recently forged a strategic partnership with Miller, a leading independent specialist (re)insurance broker.

Auquan, a trailblazer in AI for financial services, recently announced a significant boost to its seed funding, securing an additional $4.5m.

HOMEE, the only AI-driven direct repair network for the Property and Casualty (P&C) insurance industry, today announced the successful closure of its Series C funding round, amassing $12m.