Banking Infrastructure

Konsentus completed “multi-million” pre-Series A round

RegTech Konsentus has completed what the investor Conviction Investment Partners refers to as a "multi-million pound" pre-Series A round.
fintech-news

Finxact bags $12m for core Banking-as-a-Service

Core banking-as-a-Service company Finxact has secured $12m in one of the largest FinTech Seed funding rounds to date.

Finastra owners reportedly looking to sell a stake in the business

Vista Equity Partners is reportedly looking to sell a minority stake in Finastra, a financial software developer.

Earnix becomes the next FinTech unicorn

Earnix, which has built an AI-powered pricing and product personalisation platform for insurance and banking, has reached the highly coveted unicorn status.

Mox bolsters banking offering with new BNPL service

Hong Kong virtual bank Mox has introduced a new buy now, pay later (BNPL) solution that can split purchase payments over a 36-month period.

OpenFin closes Series C on $17m to support product innovations

OpenFin, which gives financial institutions digital operating systems, has bagged $17m through its Series C round.

Florida regulator seeks financial services modernisation reform

A top financial regulator from Florida is hoping to modernize the state’s policy stance on cryptocurrencies, banking and securities to become more competitive.

What Nubank and Klarna’s colossal rounds from last week reveal about the FinTech industry

While Nubank’s massive Series G round and Klarna's $40bn valuation may have secured the most headlines last week, CyberTech and cryptocurrency ventures bagged the most capital injections.

Canada-based OneVest scores CAD 5m for its WealthTech platform

Canada-based OneVest, an embedded wealth management platform, has collected CAD 5m ($3.8m) in a venture funding round.
Swedish-FinTech-DBT-funding-SME-lending

Natwest and Värde Partners back SME lender DBT

DBT, a Stockholm-based leading European SME lender, has closed a SEK 3.1bn debt facility to accelerate its lending to Swedish SMEs from NatWest and Värde Partners.

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....

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