Tag: Fintech

As we approach the end of the first month of 2024, FinTech deals saw a strong performance this week, raising a total of $1.62bn...

i2c, a frontrunner in banking and payments solutions, has entered into a five-year partnership with The Bank of Missouri (TBOM).

Bastille Networks, a trailblazer in the realm of wireless threat intelligence technology, proudly announces a momentous Series C funding of $44m.

Carbon Underwriting, a distinguished specialist and independent managing general underwriter, and Lloyd’s syndicate, has announced the appointment of Dale Willetts as Head of Specialty.

Alinea Invest, a pioneering New York-based FinTech firm focused on AI-powered WealthTech solutions, has successfully secured $3.4m in seed funding.

Global digital asset banking group, Sygnum, has secured over $40m in what is termed the Strategic Growth Round.

Science Card, a UK-based neobank, is pioneering a unique science funding infrastructure, specifically by enabling socially-conscious financial transactions through its e-money current account app. In a groundbreaking move, Science Card has joined forces with the Department of Mechanical Engineering at UCL (University College London), a renowned institution leading in scientific research and innovation.

Finova, the UK's foremost cloud-based mortgage and savings software provider, has entered into a strategic alliance with Hexaware, a global technology and business process services powerhouse. This partnership is a significant move in the FinTech industry, aiming to revolutionize the mortgage and savings sector.

Mondu, the burgeoning B2B payments company, has successfully secured an additional €30m in debt financing from the German financial institution, Vereinigte Volksbank Raiffeisenbank (VVRB). This new injection of funds raises Mondu's total financing to €50m, following an initial €20m loan obtained from VVRB in late 2022.

UK InsurTech companies saw their funding double in 2023 compared to the previous year, defying global trends from across the sector.