In the UK, Foresters Financial, the mutual financial services organisation, has achieved an outstanding claim pay-out rate of 99.99 per cent for critical illness and income protection, with the help of wellness specialist MorganAsh. 

ASA is an embedded fintech solution that connects financial institutions with customer-facing fintechs in a secure, compliant and easy-to-implement marketplace.

Binance said Tuesday it has signed a letter of intent to acquire its most formidable rival FTX, delivering a surprising twist to a days-long public spat between the world’s two largest crypto exchanges that contributed to several digital tokens taking a tumble Tuesday.

Capterra UK, a recommendation engine that helps businesses make informed software purchasing decisions, released findings from its Cashless Payments report. The results reveal that, despite the potential risks, digital wallets are the most popular payment method amongst over 1000 surveyed UK smartphone users, with 57% currently paying with them.

Leaders from Flashpoint VC, Lytical Ventures, the Sony Innovation Fund, and Talis Capital assured audience members during an online discussion on Nov. 3 that investment in regulatory technology (RegTech) is not losing attractiveness to venture capital funds, despite crises around the world and worries of an economic downturn in the future. 

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Glow, the digital insurance agency for small businesses, announced that it has closed a $22.5 million round of series A financing led by Cota Capital. AV8 Ventures, Markd, Startup Venture Capital, Maiden Re, and others also participated in the round. The financing will fund innovation in Glow’s digital insurance platform, which automates the insurance process for small businesses.

Emerging markets venture capital firm Quona Capital today announced the final close of its Fund III at $332 million, significantly exceeding its $250 million target. This is the third fund from Quona Capital since its inception, bringing the firm’s aggregate committed capital to over $745 million.

The Dubai Financial Services Authority’s (DFSA) Task Force on Sustainable Finance (TFSF) has today issued a publication on Climate and Environmental Risk Management.

Transferra has partnered with Sumsub to create an easy, safe and secure onboarding experience for their clients.