Stream Claims, an InsurTech startup specialising in AI-powered medical document review for workers’ compensation, has secured $5.3m in a seed funding round. The investment was led by Spark Capital, with additional backing from Acrew Capital, TTV Capital, Sam Hodges, co-founder and CEO of Vouch Insurance, and Mike Rosengarten, former co-founder and CTO of OpenGov, according to InsurTech Insights. This latest...

Doconomy has unveiled its carbon footprint measurement feature within Citibank Hong Kong's latest Wealth360 offering.

Citi, a leading global bank, has partnered with Mastercard, a global payment technology company, to enable real-time cross-border payments to debit cards. This partnership aims to streamline international payments for consumers, offering speed and convenience on a global scale, according to Finextra. The collaboration allows Citi to leverage Mastercard Move, a platform designed to offer near-instant, full-value cross-border payments to Mastercard...

Farther, a technology-centric financial advisory firm, has successfully closed a $72m Series C funding round. The round was co-led by CapitalG, Alphabet's independent growth fund, and Viewpoint Ventures, pushing the company's post-money valuation to $542m. This latest injection of capital arrives as Farther surpasses a significant milestone of $5bn in assets under management (AUM), marking a 5x year-over-year growth. The company credits...

Key Australian FinTech investment stats in H1 2024: Australian deal activity dropped by 62% in H1 2024 YoY Average deal value dropped to $16.6m which could indicate investors shifting to smaller investments Sydney based Betashares, secured the largest deal in Australia for H1 2024 with a funding round of $198m In H1 2024, the Australian FinTech sector experienced a significant...

As the regulatory landscape tightens its grip on digital communications, the imperative for exhaustive capture and archival of electronic dialogues grows increasingly critical.

Technology has transformed banking into flexible system that can no longer rely on the mantra of one-size-fits all. Banks need to meet the modern demands of customers. While this might seem simple, not all customers have the same expectations and so banks need the flexibility to provide customers with the services and tools they really want.

Green FinTech Cogo and Tandem Bank collaborate to integrate a carbon management solution into Tandem's banking app, enabling customers to effectively measure, understand, and reduce their carbon emissions.

Lendbuzz, an AI-based FinTech firm, has successfully closed a significant $262m asset-backed securitization.

Pinpoint Predictive, an innovator in the InsurTech sector, has successfully completed its Series A funding round, amassing more than $23m.