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Validis secures investment from Citi and Barclays to transform business lending


Validis, a leader in financial data collection and standardisation, has received strategic investments from Citi and Barclays. The funding aims to enhance Validis’ platform, which focuses on automating and standardising data processes across business lending, including corporate, commercial, and working capital finance. Validis provides technology that automates financial monitoring and delivers underwriting-ready data quickly. This


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AIsa launches revolutionary payment network for the AI economy


AIsa, a cutting-edge FinTech company specialising in AI-focused payment infrastructure, has announced the launch of its revolutionary payment network tailored to meet the specific needs of the AI economy. The launch addresses the growing demand for payment systems capable of handling the unique requirements of AI agents, according to FF News. Traditional payment systems, originally


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PXP Launches the Next-Generation Technology Platform PXP Unity


PXP, a leading omnichannel global payment platform and innovative industry disruptor, is announcing the launch of its industry-redefining technology platform, PXP Unity. Marking a shift in payments, PXP offers a single integration into a commerce ecosystem that makes business simpler, better and more connected. It promises to transform and empower merchants with next generation POS


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Checkbook Acquires sureti to Deliver End-to-End Payment Solution for the Property Insurance Ecosystem


Checkbook, a trailblazer in digital payments, is thrilled to announce its acquisition of sureti, a cutting-edge digital payment solution dedicated to transforming the distribution of insurance claim proceeds. This strategic acquisition positions Checkbook at the forefront of the insurtech revolution, delivering faster, smarter, and more secure payment solutions for insurance companies and their customers. By


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Ethos and Protective Life partner to simplify term life insurance with cutting-edge technology


Ethos, a leading provider of cutting-edge InsurTech solutions, has announced a strategic partnership with Protective Life Corporation and its subsidiary Protective Life Insurance Company, collectively referred to as Protective. The partnership will enable Protective to offer its proprietary term life insurance directly to consumers via Ethos’ advanced digital platform, according to FF News. The collaboration


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Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with AI


Wisedocs, an innovative leader in the InsurTech sector, recently received a significant financial boost. CIBC Innovation Banking has extended $4.5m CAD in growth capital financing. This move is designed to support Wisedocs in broadening its client base and enhancing its product offerings. The company, renowned for its artificial intelligence (AI) software platform, offers streamlined solutions


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Next-gen core banking leader Tuum bags €25m in Series B investment


The round witnessed leadership from CommerzVentures, accompanied by contributions from Speedinvest and several returning investors. The company, renowned for its groundbreaking approach to banking technology, has been on a rapid growth trajectory since its first client partnership in February 2019. Tuum stands at the forefront of digital transformation in the banking sector, offering flexible, cost-effective


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ESG FinTech Watershed raises $100m, hitting $1.8bn valuation


The Series C round brings Watershed’s valuation to $1.8bn. This significant injection of capital comes courtesy of lead investor Greenoaks, with notable contributions from Kleiner Perkins, Sequoia, and several other existing stakeholders. At its core, Watershed’s mission is to hasten the progression of the climate economy. The firm operates with a heightened sense of urgency


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Wisedocs secures $9.5m in Series A to revolutionise InsurTech with AI


The investment was spearheaded by Information Venture Partners, a prominent early-stage B2B FinTech investment firm. They were joined by Thomson Reuters Ventures and ManchesterStory, marking a significant vote of confidence in Wisedocs’ future. At its core, Wisedocs specialises in the development and provision of machine learning software-as-a-service (SaaS) aimed at medical record review, indexing, and


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Insurity launches AI-powered solution to revolutionise decision-making for P&C insurance carriers


Utilising Insurity’s analytics solutions grants carriers an enhanced level of reliable insights into their portfolios, facilitating heightened segmentation and improved loss ratios. The flagship offering of the solution, known as Insurity Predict, harnesses the power of AI to elevate predictive analytics and modelling capabilities, delivering a substantial enhancement in loss ratios and instilling credibility in


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CollateralEdge empowers middle market with Phalanx Impact Partners’ significant FinTech funding


Phalanx Impact Partners, a pioneering investment firm with a focus on fostering positive environmental and community change, has recently announced a significant investment in CollateralEdge. The amount invested, though undisclosed, has been gathered from several investors with Phalanx Impact Partners leading the round. This infusion of capital is set to further propel CollateralEdge’s mission of