News
Central banks and the FinTech sector unite to change global payments space
The BIS, along with seven leading central banks and a cohort of private financial firms, has embarked on an ambitious venture known as Project Agorá. Named after the Greek word for “marketplace,” this initiative stands at the forefront of exploring the potential of tokenisation to significantly enhance the operational efficiency of the monetary system worldwide.
ELEMENT, German InsurTech innovator, secures €50m in latest funding round
ELEMENT, a trailblazing InsurTech startup based in Germany, has successfully closed a funding round, securing €50m. The investment comes from notable entities including Versorgungswerk der Zahnärztekammer Berlin K.d.ö.R. and Alma Mundi, marking a significant milestone for the company, according to a report from Coverager.
BaaS leader Solaris announces fresh €96m funding to expand its tech platform
Solaris SE, a frontrunner in the BaaS industry, has successfully completed a €96 million Series F funding round.
Perfios, India’s premier FinTech SaaS innovator, secures $80m investment
Perfios, India’s leading B2B SaaS FinTech company, has successfully raised $80m in a funding round led by Teachers’ Venture Growth (TVG), the late-stage venture and growth investment arm of the Ontario Teachers’ Pension Plan.
