Friday, March 29, 2024

UK & US FinTech Working Group to explore RegTech

Innovate Finance and Hogan Lovells are looking at the potentially transformative role that regulatory technology (RegTech) will have on US financial environment. Read more: www.fintechranking.com

Clarity Money grabs $11m for financial wellbeing app

Financial wellbeing app Clarity Money has landed $11m in a Series B round co-led by RRE Ventures and Citi Ventures. Read more: www.fintechroundup.com

InsurTech futures: brokers could be replaced by robots

Brokers could potentially see themselves replaced by AI as technology improves, but disruptive technology can also be an opportunity for the market. Read more: www.insurtechnews.com

SEC Chief White: FinTech may need new regulation

New regulations may be needed to keep up with the “speed and impact” of FinTech developments, said SEC Chairwoman White. Read more: www.thinkadvisor.com

Atom Bank plans to raise $131m in funding next year

Atom Bank, a UK-based challenger bank backed by Spanish finance giant BBVA, plans to raise £100m ($131m) in the first quarter of 2017. Read more: www.fintechroundup.com

Zipari nabs $7m for predictive health insurance CRM

Insurance CRM provider Zipari has secured $7m in a Series A round led by Vertical Venture Partners. Read more: www.fintechroundup.com

PwC runs blockchain prototype for London insurance market

PwC has created a working blockchain prototype for the London Market Target Operating Model (TOM) Innovation Exchange. Read more: www.fintechranking.com

Contego snaps up Right-to-Work solution Working Status

UK RegTech platform Contego has acquired compliance software maker Working Status. The financial terms of the deal are undisclosed. Read more: www.fintechroundup.com

SelfScore raises $7.1m for international student credit

SelfScore has raised $7.1m in new venture funding to help bring much-needed financial services to international students. Read more: techcrunch.com

International FinTech regulatory sandboxes launched

A range of international financial authorities in collaboration with financial institutions have launched regulatory sandboxes, creating safe environments to take risks. Read more: www.letstalkpayments.com

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