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COVU Increases Series A to Over $22M After Hitting Key Milestones, Bringing Total Funding to $32M

COVU, the AI-native leader in insurance customer management and risk advisory, today announced that it has increased its Series A to $22 million after successfully hitting key milestones, bringing its total funding to date to $32 million.

Friday, February 21, 2025 - 15:27
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Financial IT
Thesis*-Backed Fold Becomes First Bitcoin Financial Services Company to Go Public on Nasdaq

Thesis*, the venture studio behind some of the most impactful Bitcoin-native financial products, celebrates a landmark achievement as Fold Holdings Inc. ("Fold")—one of its most successful incubated companies—becomes the first Bitcoin financial services company to go public on the Nasdaq Stock Market under the ticker symbols FLD (common stock) and FLDDW (warrants).

Friday, February 21, 2025 - 15:19
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Financial IT
Insurity Survey Reveals Declining Consumer Confidence in AI for P&C Insurance, Signaling a Need for Action From Insurers

Insurity, a leading provider of cloud-based solutions for insurance carriers, brokers, and MGAs, today released more findings from its 2025 AI in Insurance Report, highlighting a significant shift in consumer trust and sentiment toward the use of artificial intelligence (AI) in P&C insurance com

Friday, February 21, 2025 - 15:13
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Financial IT
Nordic Fintechs Two and Avarda Partner to Launch Next-Gen White Label Payment Solution

Two, a European leader in B2B payments technology, has announced a strategic partnership with Avarda, a white label payments specialist in northern Europe. Together, they are introducing a fully integrated white label payment solution tailored for both businesses and consumers in the Nordic e-commerce market.

Friday, February 21, 2025 - 15:09
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Financial IT
Aveni AI Selected by Equifax UK to Increase Efficiency and Coverage of Assurance Processes

Aveni.ai specialists in AI for Financial Services, have been selected by credit reference agency Equifax UK as a strategic AI partner. 

Friday, February 21, 2025 - 13:28
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Financial IT
MoonPay Appoints Former Paxos Treasurer to Lead Tokenized Treasury

MoonPay, the global leader in crypto payments, announced that it has appointed Derek Yu as Treasurer. Yu brings a decade of audit and treasury expertise to the company, most recently serving as Treasurer of leading regulated blockchain infrastructure and tokenization platform, Paxos. 

Friday, February 21, 2025 - 13:22
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Financial IT
PayQuicker Expands Instant, Seamless Clinical Trial Payouts for EU and UK

PayQuicker is excited to announce the expansion of our instant payout and local currency solution for clinical trials across Great Britain (U.K.) and the European Union (EU). This real-time digital payment solution offers secure, compliant, and seamless participant compensation to streamline payout operations for clinical trial organizers, including eliminating the need for onsite card issuing.

Friday, February 21, 2025 - 12:39
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Financial IT
PayPoint Partners With the Fuel Bank Foundation to Deliver Emergency Fuel Support

PayPoint and Fuel Bank Foundation are working together to deliver fuel vouchers to support those most in need.

Each year in the UK, many households who prepay for their energy lose access to heat, light and power because they can’t afford to top-up their meter. The Fuel Bank Foundation is the only national charity who gift energy top-up vouchers for prepayment meters to help people and families living at the sharp end of fuel poverty.

Friday, February 21, 2025 - 12:35
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Financial IT
Accuver to Showcase AI-Powered Network Solutions at MWC Barcelona 2025

At MWC Barcelona 2025, Accuver will establish a dedicated "AI Zone" to showcase cutting-edge AI-driven network innovation solutions, aligning with the growing trend of AI adoption in the mobile communication industry. The exhibition will feature advanced technologies, including XQbot, an LLM-based network quality analysis chatbot; AEGIS-AP LPS, a base station data-based location positioning solution; and VQML, an AI/ML-powered real-time video quality measurement solution.

Friday, February 21, 2025 - 10:55
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Financial IT
British Business Investments Commits £10 Million to Twin Path Ventures to Support UK AI Innovation

Twin Path Ventures, the UK’s leading and only dedicated pre-seed investor in AI-first startups, has received support from British Business Investments for its strategy to invest in UK-based tech founders building and launching innovative and novel AI powered solutions that solve big real world problems.

Friday, February 21, 2025 - 09:49
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Financial IT

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