Tag: UK
Aggregate UK insurance app downloads increase 41% in 2023 YoY
Combined UK insurance app downloads totalled at 21.7m as of Jan 1st 2024, a 41% increase from the start of 2023. Combined downloads in...
The UK dominates European Lending Tech in 2023 with a 47%...
Key Lending Tech investment stats in 2023:
• European Lending Tech deal activity totalled at 43 transactions in 2023, a 45% decrease from 2022
• European...
European FinTech companies raise over $100bn in 2019-2023
European FinTechs raised a combined $104.8bn between January 2019 and December 2023. The UK accounted for nearly half of the funding with $48.4bn raised...
Kriya FinTech secures £50m in debt financing to revolutionise B2B payments
Kriya, a prominent player in the FinTech sector, has made headlines by securing a substantial £50m debt facility.
European InsurTech seed deal actvity and investment both half in 2023
Key European InsurTech seed investment stats in 2023:
• European InsurTech seed companies raised a combined $87m in 2023, a 52% drop from 2022
• European...
RegTech Naq secures €3m in oversubscribed round
European automated compliance platform Naq, has successfully secured a significant €3m (£2.6m) investment, marking a pivotal step in the advancement of healthcare and medical compliance across the UK and the EU.
UK tops global list for shell company risks, new Moody’s Analytics...
The United Kingdom has emerged as the global hotspot for shell company risks, according to the latest interactive research unveiled by Moody’s Analytics.
European PayTech investment declined over 80% in 2023 despite higher adoption
Key European PayTech investment stats in 2023:
• European PayTech companies raised a combined $1.5bn in 2023, a 81% drop from 2022
• European PayTech deal...
UK InsurTech funding doubled in 2023 defying global trends
UK InsurTech investment stats in 2023:
• UK InsurTech companies raised a combined $395m in 2023, a 43% increase from 2022
• UK InsurTech deal activity...
Kumari Bank taps Compass Plus to bolster payment processing capabilities
Nepalese commercial bank, Kumari Bank, has entered into a strategic partnership with Compass Plus Technologies to bolster its payments processing capabilities.