Tag: May 2023

New FinTech unicorns remain rare in May 2023 with just a...

Avenue One, a PropTech service platform, was the only FinTech unicorn in May 2023 after raising $100m in their first venture funding round, led...

Google Ventures leads £5.3m pre-seed funding round for climate-tech CUR8

CUR8, a pioneer in the burgeoning carbon removals industry, has announced a successful pre-seed funding round totalling £5.3m.

Navigating the storm: How supply chain risks are shaping board agendas

Once relegated to the background, supply chain management has now made its way into the heart of corporate board discussions. So what exactly are the supply chain concerns that can command board-level attention and how can these be effectively addressed? RegTech giant Moody's Analytics has undertaken the challenge to answer this. 

Wellthi reels in significant investment to reshape social finance and mobile...

WealthTech startup Wellthi has secured funding from Virginia Venture Partners, the equity investment arm of the Virginia Innovation Partnership Corporation (VIPC). 

Quantifind unveils AI-driven risk discovery tool to revolutionise threat assessment

Palo Alto-based company, Quantifind, known for providing AI-powered risk intelligence automation to the world's foremost organisations, has unveiled its ground-breaking AI solution designed to enhance the proactive screening for potential threats.

InsurTech pioneer Sixfold emerges with $6.5m seed funding, revolutionising AI in...

Sixfold, a groundbreaking InsurTech startup, is introducing the first generative artificial intelligence (AI) specifically designed to tackle the most complex challenges faced by the insurance industry.

Triple Point fuels Marshmallow’s mission with £15m revolving credit facility

Marshmallow, an InsurTech company that strives to make motor insurance accessible to underrepresented sectors, has secured a £15m three-year revolving credit facility from Triple Point Private Credit.

Fifth Third Bancorp to bolster FinTech portfolio with acquisition of Rize...

Fifth Third Bancorp, a US-based financial services company, has announced its acquisition of Rize Money, a Virginia-headquartered embedded payments platform.

IDEX Biometrics and MCS team up to develop cutting-edge biometric smart...

IDEX Biometrics, the Norwegian innovator in cutting-edge fingerprint technology, is collaborating with MCS Microsystems, a Malaysia-based, tech-focused smart card solution provider.

How AI is bolstering compliance in financial content creation

Compliance with stringent regulations poses a significant challenge in the FinTech landscape. Saifr has rolled out innovative capabilities to aid in the efficient creation of compliant content.

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