Saturday, October 21, 2017

Brazil-based GuiaBolso secures $40m equity line

Brazil-based personal finance platform GuiaBolso has secured a $40m funding round led by Vostok Emerging Finance. Read more:

Covera’s new look post $1M seed round

Montreal-based insurance renewals service Covera has a reason to celebrate . The one-year-old startup announced it has raised $1 million. Read

Riverside Partners exit compliance solution Pilgrim

Private equity firm Riverside Partners has sold its stake in risk and compliance platform Pilgrim Quality Solutions to an unnamed buyer. Read more:

Prima Solutions acquires predictive tools company Tricast

Paris-based insurance software solutions provider Prima Solutions has acquired analysis and predictive tool company Tricast. Read more:

Policybazaar closes $7.7m investment from Info Edge, following $77m Series E

India-based insurance product marketplace Policybazaar has reportedly closed a funding round from Info Edge, in a deal was worth around $7.7m. Read more:

Anti-fraud solution provider Feedzai secures $50m Series C

Anti-fraud artificial intelligence solution platform Feedzai has secured a $50m Series C. Read more:

FidentiaX to allow insurance policies trade on blockchain

Meet FidentiaX : Think: a Singapore-based startup established this year to offer a marketplace for tradable insurance, Read more:

InsurTech: are we waiting for Godot?

Up to now, InsurTech is all pretty much about talking and less about doing. The industry needs less conversation and more action. Read more:

RegTech to the rescue

Regulatory technology (RegTech) is often cited as the answer to the rising cost of compliance, risk and reporting duties at banks. Read more:

KYC Registry aligns with Wolfsberg DDQ

Swift is aligning its KYC Registry with the new Wolfsberg Due Diligence Questionnaire (DDQ) for correspondent banks. First issued in 2004, Read more: