Sector Updates

Tietoevry

Tietoevry’s Lifecare system unites with Satakunta for enhanced services

Tietoevry Care has announced a partnership with the Wellbeing Services County of Satakunta, a regional authority dedicated to health and social services in Finland.

European Banking Authority releases report on FinTech’s impact on payment sector

The European Banking Authority (EBA) has released its thematic report on the impact of FinTech on payment institutions (PIs) and electronic money institutions (EMIs) business models.

US Justice Department investigates Visa over debit card practices

Visa is in legal hot water as it faces a regulatory investigation by the US Department of Justice (DOJ) over concerns of whether it is using anticompetitive practices in the debit card market.
ECB

ECB: digital euro will not be available until 2026 at least

The European Central Bank (ECB) has said EU citizens are unlikely to see a digital euro until 2026 at the earliest as the bank considers further design and distribution considerations.
InsurTech

Global dominance within reach: UK InsurTech value skyrockets to $21bn

The UK's InsurTech sector is displaying great strength in the global market with a substantial enterprise value of around $21bn.

Finja closes $1.5m round led by Vostok Emerging Finance

Payment platform Finja has reportedly closed a $1.5m funding round led by Sweden-based Vostok Emerging Finance.

Smarterly nets £7m in Series A funding round led by Major Oak

WealthTech company Smarterly has bagged £7m in a new funding round to strengthen the development of its platform that enables people to save and...

Tiger Global backs Accrue Savings in $25m Series B

Shopping experience platform Accrue Savings has raised $25m from a Series A round headed by Tiger Global.
The future of healthcare: How insurers are using technology to cut costs

The future of healthcare: How insurers are using technology to cut costs

Healthcare costs continue to be a major concern across the globe, with a slight dip projected in 2024, offering a glimmer of hope. dacadoo, a digital health technology platform that puts the customer engagement at the centre of business, recently explored how digital health technology can help insurers become 'affordability champions.' 

InsurTech 100 companies go on to raise over $300m

Companies listed in last year InsurTech 100 have gone on to raise over $300m in combined funding since October 2018.Insurance may have been a...

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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