Tag: Fintech

Softloans, a promising FinTech startup based in Vilnius, has successfully raised €1m in a pre-seed funding round.

The Net-Zero Asset Owner Alliance, a coalition of prominent institutional investors, has announced its latest initiative aimed at directing $9.5tn in assets towards sustainability.

TabaPay, Inc., a leading instant money movement platform, has announced that it has agreed to acquire the assets and affiliates of Synapse Financial Technologies, Inc., marking a pivotal move in its growth trajectory.

Thousands of Californians are on the brink of losing their home insurance this summer as two major insurers, Tokio Marine and Trans Pacific Insurance, announce their exit from the state.

In a constantly evolving landscape, insurance businesses grapple with macroeconomic trends impacting profitability and sustainability. From shifts in claims costs driven by inflation to the escalating risks posed by climate change, insurers face multifaceted challenges. State Farm and Allstate's retreat from California's home insurance market due to wildfire risks underscores the severity of these challenges.

AkkenCloud, a leading innovator in the Staffing Industry known for its advanced automation and AI-driven solutions, has announced a groundbreaking partnership with Immediate, a forward-thinking provider of pay access solutions.

FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.

Klarna, an AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched the Nature Transformation Fund.

In the latest episode of Napier AI's podcast series, Paysafe’s former MLRO and Napier AI's data scientist delve into the integration of machine learning (ML) in combating financial crimes within the FinTech sector.

Jensten Group, a leading UK insurance broker, has announced that it has landed over £170m in new borrowing facilities over the past six months.