Axial grabs U$14m to match private companies with investors and buyers

Axial, a New York-based online capital marketplace, has raised $14m in its Series C round. The company's platform is designed to match private companies...

Azimo integrates with Facebook Messenger

International money transfer startup Azimo in integrating its service into Facebook Messenger to allow senders and receivers to connect through the social network of 1.65bn users.

Thompson Reuters joins R3 Blockchain Consortium

Thompson Reuters is the latest company to join a consortium of institutions, headed up by New York fintech firm R3, dedicated to developing use cases for the blockchain technology in financial markets.

IBM Reportedly planning acquisition of point-of-sale business Revel

IBM is reportedly planning a re-entry into the point-of-sale (POS) space. According to Bloomberg the firm is in discussions to acquire iPad-based POS company Revel Systems.

Mexican banks face huge money laundering threat – FIU

Seven big Mexican banks face a huge risk of being used for money laundering, according to new research from the Financial Intelligence Unit.

Solidus Labs secures $3m to help combat digital asset market manipulation

Solidus Labs, a machine learning-powered trade surveillance platform, has secured $3m in its seed round of funding.

Nationwide buys share in donations app Percent

Donations app startup Percent is getting backed by Nationwide Building Society.

Braavo Capital raises $70m in debt and equity

Financing platform Braavo Capital has reportedly raised $70m in a new debt and equity financing round.

PasarPolis bags $54m in Series B round

Indonesian InsurTech innovator PasarPolis has secured another $54m in a funding round to improve its AI-based claim automation platform and into its onboarding platform for agents.

Pie Insurance bags $45m in its Series B funding

Pie Insurance, a worker compensation insurance platform, $45m in its Series B funding round. Contributions to the round came from firms including SVB Capital, Sirius...

News Stories

POS lending solution Affirm closes $500m Series G

Affirm, a buy now and pay later solution, has closed its Series G round on $500m.
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Solving the challenge of creating a customer-centric business model – Kidbrooke demo

A recent survey from PWC found that 61% of bankers believe customer-centric business models are very important, and yet only 17% of them are “very prepared” for it. Kidbrooke has released a new demo highlighting the problem in the market.

Over 60% of InsurTechs and insurers are keen to work with BigTech companies

Over 60% of InsurTechs and insurers are looking to collaborate with BigTechs, as they look to keep up with changing customer demands, a new report claims.

Good services is more important to policyholders than pricing

New research claims the key to driving long-term relationships in home insurance is less about pricing and more about great services and reputation.

TCARE closes $3m in round led by SixThirty Ventures

TCARE, which claims to be the only evidence-based, CMS 1115 approved and accredited family caregiver support platform, has netted $3m in funding.

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