ZenStatement, an artificial intelligence-powered finance automation platform, has successfully closed a $1.6m seed funding round.

Asaas, a Joinville-based FinTech firm, has successfully secured R$820m in its Series C funding round. According to FinSME, the investment was spearheaded by BOND, with notable contributions from Softbank, 23S Capital, and Endeavor Catalyst. Operating out of Santa Catarina, Brazil, Asaas specializes in financial automation solutions aimed at SMEs. The company offers a comprehensive digital account that simplifies financial management by...

Earnix, the leading AI-driven platform for intelligent decisioning SaaS solutions in the insurance and financial services sectors, has announced the appointment of Jessica Buss to its Board of Directors effective October 1st. This strategic addition is aimed at enhancing Earnix's growth and operational strategies, with Buss tasked with prioritising profitability and growth. Robin Gilthorpe, CEO of Earnix, was enthusiastic when discussing...

XBO.com, a digital asset exchange platform, has entered into a strategic partnership with Muinmos, a pioneer in automated compliance solutions.

The global health crisis has significantly altered our work environments, propelling a rapid shift towards more remote and hybrid work arrangements. This shift has highlighted the critical need to keep pace with technological advances to maintain competitiveness in a rapidly evolving landscape.

Lloyd’s, the world’s foremost insurance and reinsurance marketplace, has unveiled a new report that estimates a hypothetical geopolitical conflict could incur an astronomical $14.5tn in economic losses over the next five years. This scenario is part of Lloyd’s systemic risk series and explores the potential global ramifications of disruptions to trade patterns and supply chains, according to InsurTech Insights. The insights...

Majesco, a leading provider of insurance technology solutions, has announced the launch of its highly anticipated Fall '24 Release, which features a host of innovations designed to redefine the insurance industry. At the core of this offering is the Majesco Copilot, an advanced automation tool that is seamlessly integrated across the entire product suite. This eminent solution significantly enhances operational efficiency...

MoneyHero is set to leverage bolttech’s cutting-edge insurance exchange technology to power its newly launched car insurance platform and enhance the consumer experience across Greater Southeast Asia. The collaboration integrates bolttech's advanced insurance exchange technology into the MoneyHero platform, enhancing its car insurance marketplace. The platform has launched in Hong Kong, with expansion to Singapore and the Philippines scheduled for 2024 and...

Admiral Group, a leading UK-based insurance provider, has announced that Cristina Nestares will step down as CEO of its UK Insurance business. As part of the move, Alistair Hargreaves, currently the deputy CEO of UK Insurance, will assume the role of CEO, subject to regulatory approval. Nestares, who has been with Admiral since 2005, initially setting up its Spanish business, has...

In a groundbreaking study published in the Journal of Banking & Finance, researchers have introduced a sophisticated method to quantitatively evaluate investor risk preferences, highlighting the importance of loss aversion.