Cowbell, a leading provider of cyber insurance for small and medium-sized enterprises, announced today that it has closed a $60 million Series C equity investment from Zurich Insurance Group, a leading global multi-line insurer.

Marqeta, the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced it is working with Visa and Affirm to offer the Visa Flexible Credential, a single card product that can toggle between payment methods, putting the power of choice in the hands of the consumer.

“Another dream: take this whole notion of the paperless office. We’ve been talking about the paperless office basically since I left business school, frankly. And do most people here operate in a paperless fashion? I do personally. Why? Because I’ve gotten tired of carrying a lot of paper in my backpack around when I go on trips… I won’t read it if you don’t send it to me electronically.”

Acrisure today announced that John Tuttle, currently Vice Chairman of the New York Stock Exchange, will join Acrisure as President, effective September 1, 2024. Tuttle will relocate to Grand Rapids and report to Acrisure Co-Founder, Chairman and CEO Greg Williams.

Fundabl today announced the completion of a $3.2 million equity raise and establishment of an upsized debt facility, alongside an ambitious plan to tackle the funding gap for Australia's most promising businesses.

With a sweet spot for providing loans between $500,000 and $5 million, Fundabl is meeting the demand for businesses often overlooked by traditional lenders and facing a challenging funding climate, by providing a new capital resource.

As the summer travel season heats up, more tourists are flocking to Europe, and UnionPay card acceptance at point-of-sale (POS) terminals in Europe now exceeds 80%. UnionPay International is making strides in enhancing the payment experience at key European airports, including those in France, Germany, and Italy. Using UnionPay cards during international travel has become a popular choice for travelers.

55% of finance professionals are reportedly experiencing burnout, with 58% planning to leave the sector and follow a different career path. With mounting economic uncertainty, finance teams are facing budget cuts, fewer resources, and higher burnout than ever before, contributing to these figures. The resulting pressure and stress are adding up, and organizations are scrambling for solutions.

alt.bank, whose novücard is Brazil’s only credit card with automatically increasing limits, migrated its legacy credit card infrastructure to Pismo in just five months.

Insurtech UK today launches a new Advisory Panel convening senior leaders from across the insurance industry to progress strategic priorities for the future growth of UK insurtech.

Embedded finance revolutionizes the way financial services are integrated into our daily lives. By seamlessly incorporating payment options and products like loans and insurance into non-financial platforms, embedded finance (or EF, for short) can vastly increase customer engagement for businesses. Customers themselves, meanwhile, get access to financial solutions whenever and wherever they need them, greatly enhancing convenience and satisfaction.