Tag: Amazon

Parafin, an innovator in embedded finance, has successfully closed a $93m debt facility with Jefferies and Trinity Capital, with the potential to increase funding to $187m.

PortSwigger, a distinguished leader in the cybersecurity realm, has successfully secured a substantial $112m investment from Brighton Park Capital.

Finaloop, a real-time e-commerce accounting platform, has successfully completed a $35m Series A funding round.

SaaS adoption in the financial and insurance services sectors is projected to grow significantly, reaching more than $130bn by 2027, up from $54bn in 2022.

In the face of a burgeoning global fraud epidemic, the financial world is grappling with an ever-escalating threat that undermines the very fabric of our economies and societies.

Amazon has announced the closure of its UK Insurance Store 15 months after its October 2022 launch.

Viably, described as a "leading provider of innovative financial solutions for ecommerce", has made headlines with its latest funding announcement.

Emerging from stealth mode, InsurTech company CoverForce has introduced a dynamic suite of products tailored for agency networks, wholesalers, and software firms. The company's objective is to digitise an offline market, offering swift and accurate insurance comparisons and purchases with a single click.

Amazon is stepping up its presence in the AI landscape with a colossal investment of up to $4bn in the AI startup, Anthropic.

Amazon has launched a new set of generative AI tools that will assist sellers with writing product descriptions.