Sector Updates

Raisin acquires Choice Financial to bring US banks new deposit solutions

Open banking platform Raisin has acquired Choice Financial Solutions so it can offer US banks and credit unions the ability to create flexible deposits.

Valkyrie Investments picks up $11.5m strategic investment

Valkyrie Investments, an investment manager focused on digital assets, has closed an $11.5m strategic investment round.

InsurTech startup honcho closes £1.2m round supported by crowdfunding and established investors

UK-based startup honcho has closed another successful round by combining crowdfunding and the backing of established investors such as Insurtech Gateway, Business Durham and the North East Development Capital Fund.

Mobile banking app NorthOne has closed a $2m seed round

Digital banking platform NorthOne has closed a $2m Seed round from Peter Graham, Tom Williams, and Ferst Capital Partners.
ocr-labs-global-partners-with-fyio-to-make-documents-less-stressful

OCR Labs Global partners with fyio to make documents less stressful

Digital ID verification company OCR Labs Global will deploy its technology into fyio, a new app designed to navigate life and documents.
fintech insurtech wealthtech regtech ai cybertech esg news

HelloGold said to close Series A round from 500 Startups

Malaysia-based HelloGold has reportedly secured a Series A funding round from 500 Startups to support the integration and testing of blockchain technology on the app.
fintech-news

PayPal gains a stake in five FinTech startups

Online payments giant PayPal has named five new FinTech startups to enter into its incubator program in Chennai, picking up an undisclosed stake in...

Tally takes home $25m for Series B led by Kliener Perkins

Automated debt manager Tally has closed its Series B round on $25m, with Kleiner Perkins acting as the lead backer.

Maximising MGA’s capabilities with technology in the global insurance landscape

Managing General Agents (MGAs) are becoming increasingly instrumental in the global insurance market by targeting niche or underserved sectors. With approximately 600 MGAs in...
Financial-crimes-risk-management-solution-dev-Quantifind-raises-$23m

Financial crimes risk management solution dev Quantifind raises $23m

Quantifind, an AI-powered financial crimes risk management solution developer, has secured $23m in a fresh funding round.

News Stories

FinTech

FinTech investment sees uptick following two sluggish weeks

There was a climb in investment in the FinTech sector this week, with FinTech Global reporting on a total of $399m being raised across...
compliance

Will 2024 be the year of compliance technology?

As technologically-driven solutions continue to firmly pierce the financial industry and how it runs, the need for firms to maintain compliance amongst a deluge...
ZeroEyes joins Lloyd's Lab for pioneering InsurTech against gun violence

ZeroEyes joins Lloyd’s Lab for pioneering InsurTech against gun violence

In an unprecedented move, ZeroEyes, known for its pioneering AI gun detection technology, has been welcomed into the coveted Lloyd's Lab Accelerator program, marking a significant stride in InsurTech innovation.
Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb Personal Risk Services (PRS), known for its commitment to providing exceptional insurance services, has announced the launch of an innovative self-service Flood Insurance System.
Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint venture

Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint...

Bishop Street Underwriters, a notable entity within the RedBird Capital Partners' portfolio, has formally announced a groundbreaking joint venture with Topsail Reinsurance SPC, Ltd....

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week