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Aveni to help financial firms meet new consumer duty regulation with new platform

UK RegTech firm Aveni.ai has promised to help financial services companies meet new consumer duty regulation with the development of its Aveni Detect product.

ESMA looking for FinTech stakeholders to join its insights group

The EU's securities markets regulator is looking for stakeholders involved with financial industry innovation to join its group of consultative members.
Ridgeline International secures pivotal backing from Enlightenment Capital

Ridgeline International secures pivotal backing from Enlightenment Capital

Enlightenment Capital, an investment firm from the Washington DC area, recently announced a strategic investment in Ridgeline International, a specialist in proprietary intelligence and...

SEC sues investment advisers for allegedly misrepresenting its services

The Securities and Exchange Commission has filed an emergency action against Florida-based investment adviser Coral Gables Asset Management because of an alleged fraudulent offering.

$2.8bn was raised in last week’s 54 FinTech funding rounds

A total of $2.8bn was raised across last week's 54 FinTech deals, of which, the top nine raised $1.5bn. 
FinTech sees $1.3bn raised across this week's 27 funding round deals

FinTech sees $1.3bn raised across this week’s 27 funding round deals

It was a strong week for FinTech this week, making up for a string of slower weeks. There was a total of $1.3bn invested into the sector across 27 deals. 

Global FinTech Investment shows largest growth this year since 2014

Funding to FinTech companies in 2018 has already seen an increase of 66.9% from last year’s total
FinTech

FinTech Tugende nets $10m in equity and debt

Ugandan digitally-enabled lender Tugende has scored $10m in pre-Series B equity and debt funding.
Alicia

Dutch InsurTech Alicia lands €7m seed

Alicia, a Dutch provider of insurance-as-a-service for freelancers, has scored €7m in seed investment.
Aveni

Aveni names investment industry stalwart as new chairman

RegTech firm Aveni has appointed Colin Clark, a ‘heavyweight’ in the world of investment, as chairman of its newly formed board.

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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