thefintech
Trending News

1Fort Raises $7.5M to Automate Business Insurance with AI


1Fort, the AI platform for business insurance, today announced it has raised $7.5 million in an oversubscribed funding round led by Bonfire Ventures. The round also included Draper Associates (Tim Draper); Karim Atiyeh, the founder of Ramp; and participation from all existing VCs: Village Global, Operator Partners, 8-Bit Capital, Character VC and Company Ventures. This

thefintech
Featured News

Forter launches innovative Predictive Payment Routing beta


Forter, a global provider of digital commerce trust solutions, has launched major enhancements to its Payment Optimisation suite, including a beta release of Predictive Payment Routing and a new GenAI agent detection tool, as part of its spring product release. These developments come in response to rapid changes in the digital commerce landscape, where evolving

thefintech
Trending News Uncategorized

FinTech Wales welcomes Aviva as new partner to strengthen InsurTech collaboration


Aviva, one of the UK’s leading insurance and financial services firms, has partnered with FinTech Wales to foster innovation, support collaboration, and strengthen the FinTech and InsurTech sectors across the nation. Aviva joins an impressive roster of partner members including Barclays, The Royal Mint, Go.Compare, Confused.com, Admiral, Starling, Hodge, Principality and Monmouthshire Building Societies, Veeqo and Future

thefintech
Featured News

iLife Technologies rebrands as Infras to expand insurance infrastructure solutions


iLife Technologies, a leading technology provider in the insurance industry, has officially rebranded as Infras following a period of significant growth for the firm. The move signifies the company’s evolution beyond life insurance as it looks to deliver headless connectivity infrastructure that enables insurance carriers to seamlessly integrate with any distributor user interface without extensive redevelopment, according to InsurTech Insights.

thefintech
Trending News

Foliume raises $1m seed round to enhance AI-driven insurance distribution


Foliume, which specialises in automating insurance processes, has secured a $1m seed funding round led by Belgium-based venture fund Pitchdrive and Wayra, the investment arm of Telefónica. The round also saw participation from key figures in insurance distribution and technology, according to InsurTech Insights. The fresh capital will be used to enhance product development and support

thefintech
Featured News

WeeFin secures €25m to lead sustainable FinTech expansion in Europe


WeeFin, the innovative FinTech company, announced today that it has secured a new funding round of €25 million. This financial injection comes 15 months after WeeFin’s Series A and is led by BlackFin Capital Partners, a prominent European FinTech fund. The round also saw participation from existing investors IRIS, Asterion Ventures, and Ring Capital. WeeFin,

thefintech
Trending News

Flagright secures $4.3m to enhance AI-native AML solutions in FinTech


Flagright, an AI-native AML compliance platform, has announced the successful closure of a $4.3m seed funding round. This financial boost aims to propel the development of Flagright’s solutions and support its international expansion. The funding round was spearheaded by Frontline Ventures and included investments from a group of distinguished angel investors. The company specializes in

Trending News

PIMFA and Morningstar launch AI Tech Sprint to transform wealth management


PIMFA WealthTech, the innovation arm of the Personal Investment Management & Financial Advice Association (PIMFA), has partnered with Morningstar to launch a new AI-focused Tech Sprint, aimed at solving key operational challenges in the wealth management sector. The competition offers FinTech firms the opportunity to present their AI solutions at the Morningstar Investment Conference UK, taking place

thefintech
Featured News

Novidea upgrades insurance management platform to boost efficiency


Novidea, a provider of cloud-based, data-driven enterprise insurance management solutions, has announced a raft of updates to its insurance management platform designed to boost its effectiveness in policy management, claims administration, billing, accounting, document and file management, and other key areas. The move will enable the offering to achieve greater efficiency and innovation across all

thefintech
Featured News

Pioneer Insurance partners with Sapiens to drive digital transformation in the Philippines


Pioneer Insurance has chosen Sapiens to enhance its digital transformation efforts in the Philippines. The collaboration will see Pioneer leverage Sapiens Insurance Platform to accelerate digital transformation and enhance customer experience. The partnership marks a significant step for Pioneer as it aims to modernise its operations, scale its capabilities, and embrace digitalisation. By implementing Sapiens’

thefintech
Trending News

FinTech startup SparkReceipt secures investment from Trind Ventures for global expansion


SparkReceipt, a pre-accounting software provider based in Finland, has secured investment from Trind Ventures. The funding round, which remains undisclosed, also received support from the European Union under the InvestEU Fund and Business Finland. The company provides AI-powered pre-accounting software designed to simplify bookkeeping for micro-businesses, with operations spanning nearly 100 countries. The platform automates