Ali, a FinTech that partners with companies to offer financial health solutions for employees, has raises $25m in Series A funding.
Jiko, a cash management FinTech, has raised $40m in Series B funding to empower businesses of all sizes to store their cash in higher yielding spendable T-bills.
A recent report published by Capgemini has found that 89% of SMEs feel underserved by their banks and are considering moving to a FinTech challenger.
bolttech, the Singapore-based international InsurTech, has acquired a majority shareholding in Indonesia-based PT Axle Asia.
Enable Banking, a Finland-based financial infrastructure firm, has raised €600,000 from an investment round.
Zvilo, a credit-led digital bank, has secured a debt facility of €50m from alternative asset management firm Fasanara Capital.
Olino, a French InsurTech startup formerly known as Riskee, has raised €2.2m to develop its embedded insurance product for European SMEs.
Munich Re has acquired apinity, a start-up that supplies application programming interface (API) solutions in the form of Software as a Service (SaaS) for the insurance industry.
Qunnect, a quantum internet technologies company, has raised $8m from a Series A round headed by Airbus Ventures.
Axyon AI, an AI provider for the asset management market, has scored €1.6m in a funding round headed by Fondo Rilancio Startup.