Climate InsurTech gets backing to transform agriculture insurance

Luxembourg-based climate InsurTech IBISA has raised €1.5m in a seed round led by InsurTech Gateway. Other strategic co-investors also participated in the round, including Rockstart’s...

Mobile cybersecurity startup Corrata raises €1.3m

Corrata, a Dublin-based mobile cybersecurity startup, has raised €1.3m through a financing round lead by Delta Partners.

Nigerian neobank FairMoney bags $42m in seed funding

FairMoney, a neobank operating in Nigeria and India, has closed its Series B round on $42m as it expands into more emerging markets.

Why WealthTech funding could drop for the first time in years in 2020

WealthTech funding in the first three quarters is 5.1% lower compared to the same period last year.

QuantCube close minority investment from Moody’s

QuantCube Technology, an AI-based predictive analytics platform, has received a strategic minority investment from Moody’s Corporation.

CNote raises $3m to develop its investing technology aimed at boosting economic inclusion

CNote, which helps individuals to invest into economic inclusion, has secured $3m in an oversubscribed private funding round.

API developer YAP said to close $4.5m Series A

YAP, a banking and payments application programming interface (API) platform, has reportedly $4.5m in its Series A round.

SaaS provider for asset allocation T-REX gets claws on $40m

T-REX Group, a SaaS provider for the asset-backed financing industry, has closed its Series C round on $40m.

Lancai scoops up $27m for personal investments

Personal investments firm Lancai has raised ¥180m ($27m) in a Series B round of funding from Chinese online video firm LeEco.

Rimilia scores $15m in growth funding

Rimilia, an AI-powered platform designed to help manage order-to-cash processes, has scored $15m in growth funding.

News Stories

Zurich to sell Russian business following calls to cut ties

Global insurer Zurich Insurance Group has agreed to sell its business in Russia to 11 members of the unit’s team following mounting pressure on financial institutions and insurers to cut ties with the region.

How can merchant payments firms navigate the European regulatory landscape?

With a central bank digital currency (CBDC) anticipated to be launched in Europe soon, it is becoming increasingly important that merchants can prepare to accept such a currency.

41% of first-time investors in UK see crypto as most important asset

Two-fifths (41%) of first-time investors in the UK see cryptocurrencies as the most important asset to have, according to new research from BrokerChooser.

How to maintain effective supervision in a remote world

With a huge chunk of the global workforce now working through a remote or hybrid working model, new challenges are arising for firms to maintain effective supervision.

Payment platform Amaryllis lands Series B

Amaryllis Payment Solutions, which provides a payment facilitation platform, has raised $10m in Series B funding.

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