FinTech News

Pandemic fuels $13.4bn in InsurTech investment since 2020 as the insurance industry is being...

Funding in 2021 is on pace for a new record driven by large deals over $50m

InsurTech Fenris Digital hauls in $2.7m to streamline insurance process

InsurTech firm Fenris Digital raised $2.7m in a funding round led by IDEA Fund Partners.

Majesco continues growth six months after Thoma Bravo acquisition

Cloud insurance platform software developer Majesco has witnessed strong growth in the six months since it was acquired by Thoma Bravo.

Trov announces several new brand partners as it continues its UK growth

Embedded insurance provider Trov has announced a wave of new customer brand partnerships as it continues to grow its presence in the UK.

Proximity Space launches insurance brokerage for coworking spaces

Proximity Space, a workspace management software company, has launched a new insurance brokerage to cover coworking and flex space operators.

The 22 FinTech rounds from the last week you must know about

After the Easter long weekend, our weekly roundup of the big FinTech trends from the past seven days is all you need to keep yourself updated on what’s happening in the industry.

Bold Penguin integrates Thimble API to improve bindable quotes

Commercial insurance exchange Bold Penguin has integrated the Thimble API into its platform to improve bindable quotes for customers in 48 US states.

Urban Jungle bags £8m as it looks to double its team

UK-based InsurTech Urban Jungle has reportedly closed its largest funding round as it looks to double its headcount.

Majesco opens its Distribution Management platform to everyone

Cloud insurance platform Majesco has opened access to its Distribution Management platform to everyone.

Former Microsoft CFO John Connors joins Tractable’s board of directors

Tractable, which leverages AI to improve recovery from accidents and natural disasters, has named former Microsoft CFO John Connors as its latest board of directors member.

News Stories

Travel InsurTech Insurteam bags $1.3m to scale

Travel InsurTech Insurteam bags $1.3m to scale

Swiss InsurTech startup Insurteam, which automates sales and claims management for the travel insurance sector, has completed a $1.3m funding round aimed at driving...
Canadian auto lenders are facing mounting pressure as funding costs fluctuate, competition intensifies, and borrowers become increasingly sensitive to interest rates. At the same time, dealers expect rapid decisions and competitive offers at the point of sale.

Why Canadian auto lenders are rethinking pricing strategies

Canadian auto lenders are facing mounting pressure as funding costs fluctuate, competition intensifies, and borrowers become increasingly sensitive to interest rates. At the same...
Mortgage lenders face growing pressure to deliver faster and more personalised customer experiences. Rising borrower expectations, broker-led distribution models, and the need to modernise legacy systems are forcing lenders to rethink how lending journeys are designed.

Why personalisation is becoming essential in mortgage lending

Mortgage lenders face growing pressure to deliver faster and more personalised customer experiences. Rising borrower expectations, broker-led distribution models, and the need to modernise...
InsurTech Eleos Life has secured $3m in capital from Mercurius Media Capital (MMC), a US-based media-for-equity venture fund, to accelerate brand awareness and customer acquisition across the United States.

Eleos Life raises $3m from Mercurius Media Capital

InsurTech Eleos Life has secured $3m in capital from Mercurius Media Capital (MMC), a US-based media-for-equity venture fund, to accelerate brand awareness and customer...
DXC Technology has launched a new suite of Assure Smart Apps designed to help insurers accelerate AI-driven transformation and modernise operations without large-scale system overhauls.

DXC introduces AI-driven apps to accelerate insurer transformation

DXC Technology has launched a new suite of Assure Smart Apps designed to help insurers accelerate AI-driven transformation and modernise operations without large-scale system...
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