Parametrix, a pioneer in digital business interruption insurance, has launched a new embedded coverage programme aimed at safeguarding businesses from disruptions triggered by endpoint security failures. The introduction of this new insurance product comes in the wake of rising demand for improved risk mitigation following high-profile outages. Notably, the global CrowdStrike incident in July 2024
MuchBetter has partnered with UK banking giant NatWest to boost its B2B arm, MuchBetter Business (MBB), marking a major step forward in delivering banking solutions for underserved industries and specialised sectors. The alliance brings together MuchBetter’s FinTech expertise with NatWest’s robust banking infrastructure. Under the partnership, NatWest will provide fund safeguarding, access to payment schemes, foreign
Seeds, a US-based WealthTech company focused on modernising investment experiences for financial advisors, has raised $10m in a Series A funding round. The round was led by global FinTech investor Portage, with additional backing from existing investors Social Leverage and Blank Ventures. Seeds offers an end-to-end platform designed to help registered investment advisors (RIAs) deliver
Airwallex, a global financial platform for modern businesses, has raised $300m in a Series F funding round, taking its total funding to over $1.2bn and placing the company’s valuation at $6.2bn. The latest round features a mix of primary and secondary investment, with $150m in secondary share transfers. Investors include Square Peg, DST Global, Lone
Wagestream, a UK-based FinTech firm specialising in financial wellbeing solutions for employees, has secured a £300m debt financing facility from global banking giant Citi. The financing will support the expansion of Wagestream’s Workplace Loans product, which was launched in late 2024 through an early access programme. The product has already been adopted by thousands of
Amsterdam-based Finom, a digital banking platform tailored for small and medium-sized businesses, has reportedly raised $105m in growth funding. The capital injection, equivalent to €92.7m, comes from General Catalyst’s Customer Value Fund, according to a report from TechCrunch. In a notable move, the round did not involve any equity exchange, making it an unconventional investment structure. Finom
Two of Europe’s most prominent WealthTech firms, Fincite of Germany and Harvest of France, have announced a strategic merger to create a new European leader in wealth management software. The union is supported by private equity investors TA Associates and Montagu and aims to drive growth through acquisitions and an expanded geographic footprint. Both firms will operate under the
Turris, a provider of compliance and payment automation solutions for the insurance sector, has partnered with Loro Insurtech to deliver a unified solution aimed at modernising how insurers and MGAs handle compliance and broker onboarding. The partnership accelerates broker and agent onboarding, streamlines quoting and binding, and automates compliance checks and filings—boosting efficiency and reducing risk. Turris
AI-powered cybersecurity company Doppel has raised $35m in a Series B funding round to strengthen its social engineering defence platform for enterprises. The round was led by Bessemer Venture Partners, with participation from 9Yards Capital, Sozo Ventures, and existing investors including a16z, South Park Commons, Strategic Cyber Ventures, Script Capital, and Sabrina Hahn. Doppel’s valuation now stands
Pineapple Financial, a Canadian mortgage technology and brokerage company, has announced the pricing of a $1.5m public offering. The Toronto-based firm provides digital solutions aimed at transforming the mortgage experience for brokers, lenders, and clients. The company’s public offering includes 10 million units, with each unit comprising one common share and one warrant to purchase
Surfin Meta Digital Technologies, a Singapore-based financial technology solutions provider for underserved communities, has announced the successful completion of its latest funding round. The company raised $26.5m, with participation from Woori Venture Partners, Washington University in St. Louis, and Phillip Private Equity. This round builds on an earlier investment led by Insignia Ventures Partners in
PayPoint, a UK-based payments and commerce specialist, has partnered with Uber and Deliveroo to expand its digital voucher service for retail partners. The partnerships have been formed in response to the rising popularity of digital vouchers. PayPoint has observed that more consumers are seeking local, convenient stores to act as one-stop-shops for errands, parcel services and gifting solutions, according to FF
