Insurtech Raincoat Secures an Additional $6.5M to Invest in Financial Resiliency in the Wake of Climate Disaster
- 2 years 1 month ago
- Fundraising News
Raincoat, a startup developing scalable climate insurance solutions that enable instantly processed individual claims, today announced the closing of an additional $6.5 million seed round bringing its total raised to date to $11 million. The funding round was led by TwoSigma Ventures – along with European-based VC firm Mundi Ventures, Revolution’s Rise of the Rest Seed Fund and EleFund.
TreasurySpring Raises $29 Million Led by Balderton Capital to Transform the Future of Cash Investment for Business
- 2 years 1 month ago
- Fundraising News
TreasurySpring – the first-of-its-kind investment platform helping firms of all sizes unlock and protect the true value of their cash assets – has raised $29 million in Series B funding led by Balderton Capital. Mubadala Capital also participated in the round, alongside previous investors ETFS Capital, MMC Ventures and Anthemis Group.
Fennech Secures £2 Million Seed Funding from Lloyds Banking Group
- 2 years 1 month ago
- Fundraising News
Fennech Financial, a leading innovator in the financial technology sector, is pleased to announce that it has successfully raised £2.3 million in its latest round of funding.
Resistant AI Extends Series A to $27.6m with new Funding from Notion Capital to Boost Fight Against Rapidly-evolving Financial Crime
- 2 years 1 month ago
- Fundraising News
Resistant AI, an artificial intelligence (AI) and machine learning security company that protects financial services from financial crime, today announced it has expanded its Series A funding to $27.6m, having raised an additional $11 million investment from Notion Capital. This adds to the existing funding from investors including GV, Index Ventures, Credo Ventures, and Seedcamp.
The Trading Pit® and GBE Brokers Forge Strategic Alliance to Revolutionize Global Trading Landscape
- 2 years 1 month ago
- Trading Systems
Leading multi-asset prop trading firm, The Trading Pit, and CFD broker, GBE Brokers, are excited to announce a transformative partnership designed to reinvent the global trading ecosystem and offer limitless potential to traders.
Intix Welcomes Kurt Florus as Chief Technology Officer
- 2 years 1 month ago
- People Moves
As part of its ambitious growth plans and ongoing global hiring process, data management product company, Intix, has announced the appointment of Kurt Florus as the company’s new Chief Technology Officer (CTO).
Weavr Launches Embedded Finance Cloud, Supercharging Safe Distribution for Banks
- 2 years 1 month ago
- Cloud
The continued momentum of embedded finance has been a major fintech trend of 2023, with the market capitalisation of businesses in this space now expected to reach $7 trillion by the end of the decade.
Corlytics Launches Specialist Digital Asset Regulatory Intelligence Solution
- 2 years 1 month ago
- Asset Management
A new ‘world first’ in Digital Asset regulation tracking; Corlytics’ Digital Asset Regulatory Change Management Solution paves the way for participants within the Digital Assets and Crypto sector to proactively ensure no emerging regulation is missed, as well as understand their current obligations.
Stables Launches Asia Pacific’s First Stablecoin Virtual Card Powered by Mastercard
- 2 years 1 month ago
- E-Wallets
Stables, a leading stablecoin digital wallet, is excited to announce the official launch of the Stables Mastercard™ virtual prepaid card in Australia. This groundbreaking solution allows users to seamlessly and securely spend their stablecoin balance anywhere Mastercard cards are accepted, instore or online.
Technology Used in Bank of England’s CBDC Project Now Available to Any Business
- 2 years 1 month ago
- Blockchain
Quant, the blockchain for finance pioneer, today unveiled Overledger Platform: the infrastructure used in Project Rosalind - the Bank of England and Bank for International Settlements’ retail CBDC project – available to all via software-as-a-service.
Developing ATM Markets See Strong Growth as Post-COVID Recovery Continues
- 2 years 1 month ago
- ATMs
Reduction in ATM deployment worldwide disguises more positive outlook in majority of markets More than half of countries see an increase in ATM installations
AutoRek Wins Best CASS Solution for Fourth Consecutive Year and Head of Compliance Takes Home Top Prize at Systems in the City Awards 2023
- 2 years 1 month ago
- Compliance
AutoRek, a leading software provider for the financial services sector, was recognised at the Systems in the City Fintech Awards 2023, with the business and its Head of Compliance both winning top prizes.
NCR Announces Filing of Form 10 Registration Statement for Planned Spin-Off of ATM Company
- 2 years 1 month ago
- ATMs
NCR Corporation, a leading enterprise technology provider, today announced the filing of the
Finotta’s Personified Platform Digitally Increases Savings Account Opportunities by 20X
- 2 years 1 month ago
- Digital banking
Finotta, a provider of embedded fintech for digital banking, announced today that its Personified Platform has digitally increased savings account opportunities by more than 20X compared to an average physical banking location.
Sumsub Announces New Partnership With AlphaPoint to Streamline Identity Verification and Anti-Fraud Automation
- 2 years 1 month ago
- Security
Sumsub, full-cycle verification platform to secure the whole user journey, is pleased to announce a new partnership with AlphaPoint, a trusted veteran white-label exchange software provider in the blockchain space.
