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Crypto-native Insurtech Meanwhile Secures $19M Seed Funding

Meanwhile, a unique life insurer that operates solely in cryptocurrency, has announced that it has raised around $19m across two seed funding rounds.

This financing puts Meanwhile in an advantageous position, making it the first and only life insurer to operate exclusively in cryptocurrency.

Wednesday, June 7, 2023 - 11:45
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Financial IT
Payrails Secures $14.4M for its OS for Complex Payments Flows

Payrails has raised $14.4 million in a seed extension round led by EQT Ventures to scale its financial operations platform.

General Catalyst, Andreessen Horowitz and HV Capital joined the round for Berlin headquartered Payrails.

Payments continue to be a fragmented area for platforms, marketplaces and any large, fast-growing companies that conduct business across markets or with multiple parties in payment flows.

Wednesday, June 7, 2023 - 11:38
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Financial IT
Payments Platform Keeta Raises $17 Million in Seed Round

Keeta, a new global payments platform offering instant and secure cross-border monetary transactions, today announced its official launch with $17 million in funding from investors, including Eric Schmidt.

Wednesday, June 7, 2023 - 11:31
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Financial IT
48% of Software Platforms Say Embedded Payments Give Them An Advantage Over Their Competition, According to New BlueSnap Global Survey

BlueSnap, a global payment orchestration platform whose embedded payments solution is used by many leading SaaS platforms, today announced the results of its 2023 Embedded Payments Survey.

Wednesday, June 7, 2023 - 11:23
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Financial IT
Wolters Kluwer Reports Increase in CCH iFirm® Tax e-filings; Celebrates Ten Years of CCH Axcess

Wolters Kluwer Tax & Accounting (TAA) has reported a significant increase in the number of tax returns electronically filed by practitioners using the CCH iFirm® Tax solution, the only cloud-based tax compliance solution available in Canada. At the same time the company is celebrating a milestone for its industry-leading CCH Axcess expert solution.

Wednesday, June 7, 2023 - 11:17
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Financial IT
OSTTRA Launches New Service for Cross-currency Swap (CCS) Conversion from Libor to Risk-free Rates

OSTTRA, the global post-trade solutions company, today announced it has successfully delivered the first cross-currency swap conversions of USD/SGD swaps from SOR to SORA. The service will expand to cover other indices subject to cessation in the coming months.

Wednesday, June 7, 2023 - 11:13
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Financial IT
C. Hoare & Co. Goes Live with Integral’s SaaS FX Technology Solution

Integral, a leading currency technology provider to the financial markets, announced today that C. Hoare & Co., the UK’s oldest privately owned bank, has used Integral’s cloud-based SaaS FX technology to enable its customers to access market liquidity and competitive FX rates across both their business and personal accounts.

Wednesday, June 7, 2023 - 11:11
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Financial IT
The £169 Billion Opportunity: Empowering Shoppers with Technology

Adyen, the global financial technology platform of choice for leading businesses, is publishing economic research that finds that retailers could potentially add £169 billion in revenue to the sector in the UK if they switched to a unified commerce approach and stopped operating in silos. 

The economic analysis conducted by the Centre for Economic and Business Research (Cebr) found that unified commerce gave retailers a 16 percentage point boost to their growth rate in 2022. 

Wednesday, June 7, 2023 - 11:09
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Financial IT
Bright Data Joins AWS ISV Accelerate Programme, Adding Web-Data-Collection Capabilities to the AWS Cloud

Bright Data, the market-leading public web data platform, has been added to the Amazon Web Services (AWS) ISV Accelerate program, a co-sell program for AWS Partners who provide software solutions that run on or integrate with AWS.

Wednesday, June 7, 2023 - 11:06
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Financial IT
InvestEngine Launches New Savings Plans, Bringing the Success of ‘Little and Often’ Investing in Europe to the UK

Exchange-traded funds (ETF) investment platform, InvestEngine, has today launched its new Savings Plan feature for customers in the UK, giving both new and experienced investors an easy solution to regularly transfer their income and savings into investments.

Wednesday, June 7, 2023 - 10:58
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Financial IT

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