Page 23 - Insurtech News Today

Data analysis: Francess Stebbing examines whether insurtech start-ups will struggle to find funding in 2024 and be forced to partner-up with traditional

Payabl., one of Europe’s leading PayTechs, today announced that it was granted an Electronic Money Institution licence (EMI licence) by the Central Bank of Cyprus, which will be passported throughout the EEA.

Commercial motor insurtech Humn has appointed administrators after a failed Series B fund raise and aborted efforts to sell its assets.

The payment company Unzer has expanded its business activities and launched its POS solutions in Austria and Luxembourg.

KOHO Financial Inc. (KOHO) a leading Canadian fintech company advances into their next phase of securing a banking license in Canada.

Temenos (SIX: TEMN) today announced that Nagarro, a global digital engineering leader, has signed an agreement to license and further develop Temenos Country Model Banks for financial institutions in Romania and Poland.

BRLA Digital, operating in the cross-border payments and crypto infrastructure market, received an additional investment from 99 Capital for its pre-seed round.

Global digital transformation pioneer GFT Technologies SE (GFT) agreed to acquire 100% of shares in Colombia-based core banking expert Sophos Solutions S.A.S. With Sophos, GFT advances to one of the top 3 banking IT services providers across Latin America and also increases its global delivery capability. The purchase from Advent International, one of the largest and most experienced global privat...

Open banking platform Tink has launched a rules-based risk engine to protect merchants from fraud on instant payment rails.

Swiss digital asset bank Sygnum has raised $40 million in an over-subscribed growth financing round.