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.

Newly created InsurTech Ki scores $500m investment

Newly established InsurTech startup Ki Insurance has landed a $500m investment from Tactical Opportunities, the opportunistic investment division of Blackstone.

Verisk acquires Medicare service provider Franco Signor in a $160m deal

Data analytics service provider Verisk has acquired Franco Signor, a Medicare Secondary Payer (MSP) service provider, in a deal worth $160m.

Property insurance platform Obie acquires Skylight Insurance

Obie, a real estate insurance platform, has acquired insurance brokerage platform Skylight Insurance, for an undisclosed amount.

LeaseLock forms strategic partnership with QBE North America

LeaseLock, which helps renters access monthly insurance cover, has formed a strategic partnership with QBE North America.

Acko secures $60m in its Series D round led by Munich Re Ventures

Acko General Insurance has reportedly netted $60m in its Series D round, which was led by Munich Re Ventures.

AMTD invests into five Singapore-based FinTech startups

The AMTD Singapore Solidarity Fund has completed the first five FinTech investments of its new S$50m ($36.7m) fund.

Rnwl surges past the crowdfunding target and still has another 38 days on the...

Insurance comparison platform Rnwl has surpassed its crowdfunding target, with another 38 days left on the campaign.

19 FinTech funding rounds from the last week that you better not have missed

From cybersecurity unicorn Snyk's $200m funding round to payment service provider startup Mollie's €90m new cash injection, the last week was full of FinTechs completing funding rounds.

InsurTech Sunday has raised $9m to expand its services in Thailand

Thai InsurTech startup Sunday has raised $9m in a pre-Series B round led by SCB 10X, the venture capital arm of the Siam Commercial Bank.

News Stories

Swedish Financial Supervisory Authority penalises SEB with $112m fine for AML failings

The Swedish Financial Supervisory Authority (SFSA) has given Nordic bank SEB with a SEK1bn ($112m) administrative fine after failings in its anti-money laundering efforts.

Swedbank is being investigated by the Swedish Financial Supervisory Authority for suspected compliance breaches

The Swedish Financial Supervisory Authority (SFSA) has initiated an investigation into Swedbank for suspected breaches of market abuse.

The European Banking Authority releases online survey for support on ESG risks

The European Banking Authority (EBA) issued a online survey to credit institutions to offer guidance on the disclosure of information on environmental social governance (ESG) risks.

The European Central Bank is reducing the burden of reporting for banks

The European Central Bank (ECB) has reduced the reporting burden banks in Europe face without impacting the amount of information it is able to collect.

The UK’s FCA launches new review of unsecured credit market

The UK’s Financial Conduct Authority (FCA) has launched a review of the future regulation of the unsecured credit market, which could see crackdown on companies

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