Stoïk secures $27m in Series B to bolster cyber insurance for European SMEs
Stoïk, a French InsurTech startup, recently secured Series B funding of €25m ($27m). The round was led by Alven, with participation from Andreessen Horowitz, Munich Re Ventures, Opera Tech Ventures, and Anthemis, according to a report from TechCrunch. Additionally, Tokio Marine HCC International joined as the only new investor. Stoïk specialises in cyber security insurance tailored for small and medium-sized businesses...
Warburg Pincus invests $125m in Contabilizei, boosting automation in Brazilian accounting
Contabilizei, the largest accounting firm in Brazil, today announced securing a substantial $125m investment from global growth investor Warburg Pincus.
Imprint secures $75m in Series C to revolutionise co-branded credit cards
Imprint, the innovative provider of co-branded credit cards, announced a significant boost in funding with a $75m Series C round.
The natural tension of compliance and technology in financial institutions
While technology is essential for modern compliance programs, it can often be a source of natural tension for compliance
AI
In the evolving landscape of global business, third-party risk management (TPRM) remains a concern for teams across IT, security, boards, and regulatory bodies.
Theta Lake, a leader in DCGA, has unveiled its sixth annual report, revealing significant insights into the adoption of Gen AI  in the financial services sector.
ESG
Investors' enthusiasm for ESG factors in their investment decisions has shown a marked decrease, according to the latest ESG Attitudes Tracker from the Association of Investment Companies. According to Money Marketing, the study highlights a continuing trend where fewer investors prioritize ESG criteria, with only 48% considering it in their investment strategies, a significant decline from 66% in 2021. The survey...
Malaysia
The SC and the World Bank have unveiled the "ESG Disclosure Assessment of Malaysia’s Listed Companies and Recommendations for Policy Development" report during the SC-World Bank Conference 2024.
Regnology
Regnology has successfully acquired CG3-1, a firm noted for its regulatory calculations for the USA broker-dealer market. CG3-1, established in 2018, is renowned among US broker-dealers for ensuring compliance with regulatory requirements such as SEA 15c3-1, SEA 15c3-3, and FINRA Rule 4210. The acquisition aims to broaden Regnology's footprint in the US market, offering specialized solutions that encompass regulatory capital, customer...
Axyon AI has successfully secured a further €2.1m in funding, completing a funding round that totals €6m initiated in December 2023.

News Stories

Don’t miss this week’s 17 FinTech funding rounds

It was a slower week for the FinTech sector, compared to some in the past couple of months. A total of $623m was raised...
Goldwise launches to shake up precious metals investing

Goldwise launches to shake up precious metals investing

Goldwise, a UK FinTech founded by former Royal Mint executives, has launched a mobile trading platform designed to give savers and investors a simpler...

AI adoption in financial services accelerates globally

Nearly half of consumers worldwide are now turning to artificial intelligence to inform their savings and investment choices, according to EY, a professional services...

Adyen acquires Talon.One for €750m

Adyen, the global financial technology, has agreed to acquire Berlin-based loyalty and incentives platform Talon.One for a total consideration of €750m. The deal will see...
M-Files launches three industry-specific document solutions

M-Files launches three industry-specific document solutions

Document management specialist M-Files has unveiled three new industry-specific applications: M-Files for Tax Advisory, M-Files for Quality, and M-Files for Contracts. This marks a...

120,000+ FinTech leaders get exclusive industry stories delivered every week