Tag: Innovation
ELEMENT, German InsurTech innovator, secures €50m in latest funding round
ELEMENT, a trailblazing InsurTech startup based in Germany, has successfully closed a funding round, securing €50m. The investment comes from notable entities including Versorgungswerk der...
AuthPay secures $450k in groundbreaking pre-seed funding led by SCOPE VC
AuthPay, a promising FinTech startup, has successfully secured $450k in a pre-seed round of funding.
Europe leads with landmark AI Act: Safeguarding rights and fostering innovation
In a significant stride towards regulating artificial intelligence (AI), the European Parliament adopted the Artificial Intelligence Act in a bid to ensure safety and compliance.
Oxygen’s strategic shift from banking to health solutions
Oxygen, a FinTech platform renowned for its innovative banking solutions, has unveiled a pivotal shift in its operational focus.
Griffin launches as UK’s latest full-stack BaaS platform with $24m boost
Griffin, a groundbreaking full-stack Banking as a Service (BaaS) platform, has officially announced its transition to a fully operational bank.
India’s government incentivises FinTechs with 50-year interest free loans in 2024
Key Indian FinTech investment stats in 2023:
• Indian FinTech companies raised a combined $3.2bn in 2023, a 49% drop from 2022
• Indian FinTech deal...
Cybersecurity leader Claroty secures $100m for strategic expansion and innovation
Claroty, a leader in the protection of cyber-physical systems, has successfully completed a strategic growth financing round, securing $100m.
Axonius raises $200m for cybersecurity asset management expansion
Axonius, the trailblazer in cybersecurity asset management and SaaS management, has recently secured $200m in a Series E extension funding round.
Carputty lands $80m boost to revolutionise auto finance
Carputty, a pioneering FinTech company at the forefront of auto financing and ownership, has secured a $75m warehouse financing facility provided by Silicon Valley Bank (SVB), a branch of First Citizens Bank.
NayaOne’s sandbox platform attracts $4.7m, aiming to disrupt financial services sector
NayaOne, a company at the forefront of FinTech innovation, has successfully secured $4.7m in funding.