Tag: Fintech

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.

NFP, an international insurance broking and consulting firm, has successfully acquired Advanced Insurance Consultants Limited (AIC) to expand its commercial insurance offering.

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

75% of insurance organisations will replace core insurance management platforms by 2025, according to a new global report from Novidea. 

Plazo and Meeting Pros team up to revolutionise FinTech services

FundPark, a trailblazing FinTech company specialising in empowering digital entrepreneurs, has successfully closed an impressive asset-backed securitisation facility amounting to $500m.

Kneat.com, a prominent Canadian company with its operational headquarters in Limerick, Ireland, has successfully orchestrated a substantial public offering.

Clay Technologies has secured a strategic seed investment from Pepper Advantage that will enable them to establish an end-to-end credit platform.

Root Platform, the innovative low-code, end-to-end insurance technology platform provider, has announced a new addition to its leadership team.