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.

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