FinTech Global

📢 Introducing our latest speaker taking the stage at the AML & FinCrime Tech Forum USA, Jonathan Fishner, Senior Director, Financial Crimes Compliance, FanDuel 📢 Jonathan will be a Speaker on the Panel Discussion Panel "Transaction Monitoring in Focus: Navigating Compliance Challenges Through Technological Innovation." Register to take part in the most-exclusive AML event - www.AMLTechForumUSA.com #AMLTechForumUS25

The Global WealthTech Summit USA is returning to New York! If you're still on the fence, check out what one of our clients had to say about how many potential partners you can meet there. Secure your place at the most exclusive gathering of wealth leaders and innovators - https://lnkd.in/eyBAvQdb #GWTSUS25

Founded in 2015, Arctic Intelligence is a global RegTech company that has developed enterprise risk assessment software enabling regulated businesses to better assess, document and manage their financial crime risks. According to Anthony Quinn, CEO of Arctic Intelligence, 2024 has been a ‘transformative’ year for the firm, marked by continued growth and expansion in its field of business-wide financial crime risk assessment technology. Read more here: https://lnkd.in/e--xYKrP Anna Delaney

The Data Management Tech Forum is coming to London later this month and it’s no ordinary data event! With years of experience hosting the most exclusive FinTech events in Europe we can guarantee you’ll get the best ROI at this Forum. With a carefully curated audience of senior decision makers from leading financial institutions and top data and digital transformation innovators you’ll get quality face time with the right people for your organisation. Secure your pass before prices go up – https://lnkd.in/en3RCE4P #DataManagementForum25

Daily research from FinTech Global UK remains a leader in the European InsurTech market as deal activity dropped by 40% YoY European InsurTech deal activity dropped by 40% YoY   As of 2024 year-to-date, the European InsurTech market has seen a continued decline in both funding and deal activity compared to previous years.    InsurTech companies in Europe raised $1.7bn across 81 deals in 2024 YTD, reflecting a 26% drop in funding from the $2.2bn recorded in 2023 and a 62% decrease from the $4.4bn raised in 2020.    Deal activity has similarly contracted, with the 81 deals in 2024 YTD representing a 40% decline from the 136 deals completed in 2023 and a 65% drop from the 234 deals recorded in 2020.    This sustained decrease in both deal volume and funding highlights ongoing challenges in the European InsurTech market, with investor caution and economic uncertainty continuing to limit growth opportunities.    UK InsurTech companies led deal activity by securing 36% of the European InsurTech deal activity   The United Kingdom maintained its position as the leading country for InsurTech activity in Europe, recording 29 deals (36% share) in 2024 YTD, down 33% from the 43 deals recorded in 2023.    France followed with 11 deals (14% share), marking a 31% decline from 16 deals in 2023.    Germany secured the third spot with seven deals (9% share), a significant 46% decrease from the 13 deals completed last year.    Despite the overall decline, the United Kingdom’s increased share of activity underscores its dominant role in the European InsurTech market, while France and Germany continue to play key, albeit reduced, roles in driving regional deal activity.   hyperexponential, a leader in pricing decision intelligence (PDI) software, secured one of the biggest European InsurTech deals for the year so far with a Series B funding round of $73m   hyperexponential’s PDI platform, hx Renew, enabled insurers to leverage large and alternative datasets, develop and refine rating tools rapidly, and employ sophisticated machine learning approaches to price risk and make data-driven pricing decisions at the portfolio and individual level.    Since the company’s Series A in 2021, hyperexponential grew sales 10x while staying profitable, serving some of the world’s largest insurers, including Aviva, HDI, and Conduit Re.    This latest round of financing would support hyperexponential’s expansion into the United States, targeting the opening of its New York office this year, and enabling increased investment in new product capabilities to serve growing client demand in adjacent insurance markets, including the SME insurance sector.    The company planned to double its global team to over 200 in the next year. ­

FinTech Global news you can't afford to miss from yesterday 👉 How ChainThat Limited’s BPA platform is helping insurers boost their operational excellence 👉 Are EU banks prepared for the instant payments revolution? 👉 How KYC Portal CLM streamlines compliance across AML, ESG, DORA, and GDPR 👉 European InsurTech leader wefox closes €170m refinancing deal UK FinTech Dave under fire in the US for misleading financial charges Kristoff Zammit Ciantar Nickii Mallia Linda Middleditch Mireille Adebiyi IMTF - Excellence in RegTech Solutions Maud Vonlanthen Valentina Lusso

As we enter 2025, the European financial sector faces a significant transition with the implementation of the Instant Payments Regulation (IPR), adopted by the European Parliament and Council in March 2024. According to IMTF - Excellence in RegTech Solutions, this regulation mandates instant fund transfers of up to €100,000 within just 10 seconds, aimed at enhancing payment speed and convenience for both retail customers and businesses. Read more here: https://lnkd.in/edJMbhrT Dr. Sebastian Hetzler Maud Vonlanthen

Do you want to showcase your #RegTech business to potential clients and partners❓ 📢 Sixteen companies attending the Global RegTech Summit in London will be invited to present their solution for FREE as voted by delegates. It's a unique opportunity to present to a senior decision-making audience that is actively interested in finding out about your solution. 🎟️ To be eligible you simply need to register as a delegate - https://lnkd.in/gxc2TcH #GRTS25 #Technology

📢 Introducing our latest speaker taking the stage at the Data Management Tech Forum, Olu Akinsola, Chief Information Officer at FCMB Bank UK 📢 Olu will be speaking on the panel titled - Effective Data Governance: Do I need a data security and risk health check? Register to take part in the leading Data Management tech event: https://lnkd.in/en3RCE4P #DataManagementForum25

Regnology has recently secured a substantial investment from CPP Investments | Investissements RPC (CPP Investments). Read more here: https://lnkd.in/eNqjSPUd Linda Middleditch Mireille Adebiyi Yuxin Mao