Sector Updates

What will tech titans entering the FinTech sector mean for competition, talent and the...

Uber has taken another step into FinTech scene. As other big tech firms are also viewing the opportunities of the sector, the industry might change considerably.

FCA gives disgraced fund manager Neil Woodford stark warning after he hinted of a...

The UK's top financial markets watchdog has warned disgraced fund manager Neil Woodford that his announced comeback is reliant on him passing a character assessment.

Figure said to raise $50m led by DST, Ribbit

Figure, a credit provider for home improvements, has reportedly raised $50m in funding.
Roots

Roots Automation lands $10m in a Series A raise

Roots Automation, a creator of advanced, intelligent Digital Coworkers for the insurance industry, has bagged $10m from a Series A raise.  

FundRock taps Zeidler’s due diligence services

FundRock, a UCITS management company and alternative investment fund manager, has chosen Zeidler to improve its conduct due diligence.
KPMG

Zurich and KPMG’s strategic venture tackles climate risks for businesses

KPMG and Zurich Resilience Solutions have come together to announce a significant new strategic partnership.

US unveils cyber safety review board in public-private collaboration

The Department of Homeland Security (DHS) have launched the first ever cyber safety review board with the goal of boosting cybersecurity in the US.
equipifi wins Audience Choice at FIS Fintech Accelerator's demo day

equipifi wins Audience Choice at FIS Fintech Accelerator’s demo day

equipifi, which provides banks and credit unions with buy now, pay later (BNPL) technology, has won the Audience Choice Award at the FIS Fintech Accelerator Program's Virtual Demo Day.

Faire has scored both a unicorn status and $150m in a massive Series D...

Curated wholesale marketplace Faire has achieved unicorn status after being valued over $1bn following a huge $150m funding round.

Rapid digitisation in the Middle East causes rise in demand for cybersecurity

The cybersecurity market in the Middle East and Africa which was worth $1903m in 2020 is expected to reach $2893m by 2026 per new research by ResearchAndMarkets.com.

News Stories

Jensten Group, a leading UK insurance broker, has announced that it has landed over £170m in new borrowing facilities over the past six months.

Jensten Group lands over £170m in new borrowing facilities to further growth plans

Jensten Group, a leading UK insurance broker, has announced that it has landed over £170m in new borrowing facilities over the past six months.
The Board of Directors of Generali has approved a new organisational structure to reflect the Group’s main activities, as proposed by the Group CEO, Philippe Donnet.

Generali approves new organisational structure for an integrated insurance and asset management group

The Board of Directors of Generali has approved a new organisational structure to reflect the Group’s main activities, as proposed by the Group CEO, Philippe Donnet.
Investor Beat Capital Partners is set to launch Convergence, a credit insurance business led by founder and chief executive Stephen Pike.

Stephen Pike to head new credit insurance venture backed by Investor Beat Capital Partners

Investor Beat Capital Partners is set to launch Convergence, a credit insurance business led by founder and chief executive Stephen Pike.
Mulberri, an AI-driven insurance platform, has announced a partnership with Acronis to offer their Cyber Insurance to Acronis' small and medium-sized business customers in the US.

Mulberri and Acronis join forces to offer embedded cyber insurance to US SMBs

Mulberri, an AI-driven insurance platform, has announced a partnership with Acronis to offer Mulberri’s Cyber Insurance to Acronis' small and medium-sized business customers in the US.
Mastercard has unveiled a new mobile virtual card app designed to facilitate seamless corporate payments by enabling virtual commercial cards to be easily added to digital wallets.

Mastercard launches mobile virtual card app to simplify travel and business expenses

Mastercard has unveiled a new mobile virtual card app designed to facilitate seamless corporate payments by enabling virtual commercial cards to be easily added to digital wallets.

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