thefintech
Trending News

BriteCore unveils new vendor integrations to transform P&C insurance operations


BriteCore, a provider of cloud-native core insurance platforms for property and casualty insurers, has expanded its Solution Partner Marketplace. This enhancement introduces five new vendor integrations, marking a significant stride in BriteCore’s ongoing effort to equip insurers with cutting-edge technology solutions and increased flexibility in underwriting accuracy, claims processing, and overall operational efficiency. BriteCore’s core

thefintech
Featured News

Taktile’s innovative AI decision platform garners $54m from top investors


Taktile, a decision automation platform that is redefining risk management strategies in financial services, has secured $54m in a Series B raise. The funding was spearheaded by Balderton Capital and saw contributions from existing stakeholders including Index Ventures, Tiger Global, Y Combinator, Prosus Ventures, and Visionaries Club, as well as notable investment from Larry Summers,

thefintech
Featured News

Blockchain payments firm SatoshiPay secures €850k to expand Vortex globally


SatoshiPay, a blockchain payments firm, has successfully closed an €850k fundraising round to accelerate the expansion of its payment solution, Vortex. Built on the Pendulum network, Vortex aims to streamline global transactions by bridging stablecoins with local fiat currencies. The round saw participation from several notable investors, including CoinShares chairman Danny Masters, SatoshiPay co-founder Meinhard

thefintech
Trending News

Bourn raises £1.5m seed funding to revolutionise SME cash flow management


Bourn, a UK-based FinTech startup focused on SME finance, has secured £1.5m in seed funding to support the expansion of its AI-powered Flexible Trade Account (FTA). The funding round was led by Haatch, with participation from fintech investors Love Ventures, Portfolio Ventures, and Aperture, alongside private backers. Founded by Roger Vincent, Nick Tracey, and Paul

thefintech
Trending News

CredCore raises $16m to accelerate AI-driven credit investing and management


AI-powered credit investment platform CredCore, which specialises in transforming debt capital markets for lenders and borrowers, has secured $16m in a Series A funding round. The round was led by Avataar Ventures, with additional backing from Inspired Capital, Fitch Group, BellTower Partners, and senior executives from asset management and financial services. CredCore is tackling inefficiencies in

thefintech
Featured News

Gomboc AI raises $13m to revolutionise cloud security with deterministic AI


Gomboc AI, a cybersecurity startup focused on cloud security remediations, has raised $13m in seed funding to accelerate its efforts in automating security fixes. The round included an $8m investment led by Ballistic Ventures, with continued backing from Glilot Capital Partners and Hetz Ventures, which had co-led the company’s initial $5m seed funding. The company

thefintech
Trending News

TMX VettaFi expands fixed income indexing with Credit Suisse bond indices acquisition


TMX VettaFi has acquired Credit Suisse’s Bond Indices from UBS, further strengthening its fixed income index capabilities. TMX VettaFi president Tom Hendrickson said, “We are excited to announce another significant step forward in our index expansion strategy,  designed to strengthen our fixed income indexing capabilities, and broaden the services we  provide to a growing international network of

thefintech
Uncategorized

NEXT Insurance adopts ZestyAI’s solution for smarter underwriting


ZestyAI has partnered with NEXT Insurance to enhance underwriting with AI-driven property risk insights, providing small business owners with smarter, more tailored coverage. The move will see ZestyAI’s Z-PROPERTY and Z-FIRE models enable NEXT Insurance to streamline its workflows, enhance its decision-making, and offer a fully digital purchasing experience without compromising underwriting quality. This approach

thefintech
Trending News

MENA InsureLab secures backing from TIC to boost InsurTech innovation


MENA InsureLab, an InsurTech accelerator and venture builder, has secured strategic backing from TIC Technology Innovation Capital, a US-based venture capital firm. The investment comes from TIC’s $100m fund, which focuses on supporting early-stage technology companies. The firm employs a unique investment model, providing both financial backing and software development services in exchange for equity.