Sector Updates

OneDigital Health acquires Cherry Creek Benefits

Employee benefits and HR company OneDigital Health and Benefits has acquired fellow operator in the space Cherry Creek Benefits.

Overcoming hurdles to adopt AI in financial crime detection

Amidst growing acknowledgment of AI's prowess in uncovering fraud and financial crime, there remains a gap between those financial institutions (FIs) recognising its potential and those implementing it.

Factom pulls in additional funding to take Series A passed $8m

Blockchain-as-a-service company Factom has extended its Series A round to more than $8m. Peeli Ventures, Harvest Equity and a number of local Austin investors joined the extended round.

Currencycloud invests £1.5m into its long-term remote working strategy

Currencycloud, an embedded cross-border solutions platform for financial services, is investing £1.5m into its new remote-first working strategy.

Paris InsurTech Orus lands €5m for business insurance

Paris-based InsurTech Orus has raised €5m in funding for its mission of reinventing professional insurance.
lowell-adopts-tietoevrys-saas-collection-suite-nova-boosting-agility-in-credit-management

Lowell adopts Tietoevry’s SaaS Collection Suite Nova, boosting agility in credit management

International credit management heavyweight, Lowell, has successfully integrated Tietoevry's Collection Suite Nova in a software-as-a-service (SaaS) model, marking a significant stride in their digital transformation journey.

Cover Genius to help auto dealers access insurance at point-of-sale

Digital insurer Cover Genius will provide auto dealerships with the ability to offer insurance policies at the point-of-sale, following a new partnership with dealer management software startup AutoMatrix.

Payroll unicorn Deel more than quadruples valuation in six months

Deel, a global compliance and payroll solution, has collected $425m in its Series D funding round, bringing its valuation to $5.5bn.

AccessPay bags ?9m in round led by Beringea

UK-based AccessPay has bagged ?9m in a funding round, as the company looks to expands its team.The investment was led by transatlantic venture capital...
The Lloyd’s Market Association (LMA) has unveiled its strategic focus for 2024, highlighting the core priorities for the upcoming year.

Lloyd’s Market Association unveils core priorities for 2024

The Lloyd’s Market Association (LMA) has unveiled its strategic focus for 2024, highlighting the core priorities for the upcoming year.

News Stories

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud, a leading innovator in the Staffing Industry known for its advanced automation and AI-driven solutions, has announced a groundbreaking partnership with Immediate, a forward-thinking provider of pay access solutions.
Marqeta powers Rain's new debit card for seamless wage access

Marqeta powers Rain’s new debit card for seamless wage access

Marqeta, a global modern card issuing platform, has partnered with Rain, a financial wellness benefits provider that assists companies in giving employees greater control over their finances.
Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies, a leading RegTech company, has teamed up with HSBC Expat, a branch of HSBC Bank specialised in services for expatriates, excels in offering tailored banking solutions across the globe.
FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.

FinTech funding flourishes amid diverse week for deal activity

FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.
Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna, an AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched the Nature Transformation Fund.

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