FinTech Global

Connect with who matters in Insurance! Join the top gathering of #InsurTech leaders and innovators and engage with hundreds of potential peers and partners joining in-person at the Global InsurTech Summit in London on 30th April. Get your Earlybird Tickets today - https://lnkd.in/gJ6E239 #GINS25

After another dynamic year in the events industry, full of sold out in-person events and packed networking areas, we are excited to share our calendar for the first half of 2025 of senior-level events across RegTech, InsurTech, WealthTech, ESG and Data Management. This year we've hosted 10 industry leading events in both Europe and the United States, attracting 10,000+ senior-level professionals and generating thousands of verified leads for our 100+ sponsors and we're pleased to present to you our events taking place between January and June next year. Follow the links to see how you can register for these events- Data Management Tech Forum: https://lnkd.in/en3RCE4P Global WealthTech Summit USA: https://lnkd.in/eyBAvQdb AML & FinCrime Tech Forum USA: www.AMLTechForumUSA.com Global InsurTech Summit: https://lnkd.in/gJ6E239 Global RegTech Summit: https://lnkd.in/gxc2TcH ESG FinTech Summit: www.ESGFinTechSummit.com #DataManagementForum25 #GWTSUS25 #AMLTechForumUS25 #GINS25 #GRTS25 #ESGFinTechSummit25

Daily research from FinTech Global Global CyberTech market set for 45% drop in deal activity for 2024 as investors focus on larger deals In the third quarter of 2024, the global CyberTech sector experienced a noteworthy YoY decline in both deal activity and funding levels. The third quarter of 2024 closed with 71 deals, representing a 42% decrease from the 124 deals recorded in Q3 2023 and a 26% drop from the 96 deals seen in Q2 2024. Total funding in Q3 2024 amounted to $2.07bn, largely unchanged from the $2.08bn raised in Q3 2023 but reflecting a sharp 45% decrease from the $3.74bn raised in Q2 2024.  Trend analysis showed that projected deal count for 2024 would reach 284 deals, marking a 45% decline from the 517 transactions completed in 2023. The analysis indicated that total funding for the year would close at $8.3bn, representing a modest 4% decrease from the $8.79bn raised in 2023. Funding from deals under $100m reached $966m in Q3 2024, marking a 32% decline from the $1.42bn recorded in Q3 2023 and a 30% drop from the $1.37bn seen in Q2 2024. Larger deals valued at $100m or more totalled $1.1bn in Q3 2024, up 66% from the $663m raised by such deals in Q3 2023 but down 54% from the $2.37bn recorded in Q2 2024. This shift towards fewer high-value deals highlights, with a reduced appetite for smaller investments and a focus on selective opportunities amid ongoing challenges in the global CyberTech industry. Torq, a leader in AI-driven cybersecurity hyper-automation solutions, has secured one of the largest global CyberTech deals for the quarter with a $70m Series C funding round led by Evolution Equity Partners. The funding will enable Torq to enhance its generative AI capabilities, expand its talent pool, and accelerate its presence across the EMEA and APAC regions. Torq’s HyperSOC platform leverages AI to automate and optimise security operations centre (SOC) activities, enabling rapid investigation, triage, and remediation of security events. By eliminating manual inefficiencies in legacy security systems, the platform delivers comprehensive protection while allowing security analysts to focus on strategic priorities. This investment positions Torq to further strengthen its innovative solutions as enterprises increasingly adopt AI-driven hyper-automation to combat evolving cybersecurity threats.

📢 Our latest speaker taking the stage at the AML & FinCrime Tech Forum – Fiki Bailey, Global Financial Crime Senior Manager, Aviva Investors 📢 Fiki will be a Speaker on the Panel Discussion – Mastering Sanctions Compliance: Tools, Tactics, and Trends. Register to take part in the most exclusive AML Tech Event –www.amltechforum.com #AMLTechForum24

📢 Our latest speaker taking the stage at the AML & FinCrime Tech Forum – Sally McCarthy, Head of Financial Crime - Digital, FCMB Bank UK Limited 📢 Sally will be the Moderator on the Panel Discussion – Navigating KYC: Enhancing Compliance and Client Experience in the Onboarding Journey. Register to take part in the most exclusive AML Tech Event –www.amltechforum.com #AMLTechForum24

⏰ Just 1 week left until the most senior-level gathering of #AML leaders and innovators! ⏰ 🤝 Connect with industry leaders and innovators at the AML & FinCrime Tech Forum in London on Wednesday 4 December! 📢 Hear from AML leaders and innovators - Adrianna Fabijanska, Rohan B., Ryan Caruana, Carly Blades, JD, CAMS, Ciaran Askin, Vera Akiotu, Tamsin Bury, Edmund Towers, Sadeque Ahmed, Stephen Alsace, Andrea Ricotti, Cynthia Borg, Aaron Elliott-Gross, Ronya Naim, Kevin Newe, Ashley Bostel, Sally McCarthy, Mitul Malde, Anil Gopaul, Vivienne Artz OBE FCSI (Hon) CMgr CCMI AIGP, Mario Menz, PhD, Colin Whitmore, Anthony Gregory, Fiki Bailey, Mark Thynne, Michael Hipwell, Erik Morgan, Alex Clayden 🔝 See the latest innovation in the market from the leading disruptors (Pt 1/2)- Napier AI Georgia Walker, Eastnets Kristine Rabaino, Cascade Declan OhAnnrachain Marcus Littler, Encompass Corporation Ben Gould, KnowYourCountry Gary Youinou, Salv Lucy Heavens, Netra Technologies, Inc. Odilia von Zitzewitz Get your tickets today - www.AMLTechForum.com #AMLTechForum24

ESGFinTech news you can't afford to miss from this past week 👉 How to structure your sustainability team for maximum impact 👉 How CS3D is reshaping financial institutions’ approach to risk management 👉 EU greenlights new ESG regulation to fortify investor trust 👉 UK government proposes critical regulations for ESG ratings 👉 Deloitte enhances ESG reporting with new solutions for CSRD compliance Moody's Dr Christine Bailey Tinuke Bernard Position Green Heidi Långs

The DORA is poised to fundamentally alter the regulatory landscape for EU financial entities and their third-party providers from 17th January 2025. According to Napier AI, unlike typical regulatory measures, DORA introduces a comprehensive framework designed to standardize digital resilience practices across all financial institutions within the EU. Want to learn more? Read it here: https://lnkd.in/eVujYC_5 Mariya Pattara Greg Watson

Capitolis has recently announced a significant boost in funding, marking another milestone in its ambitious growth trajectory. Read more here: https://lnkd.in/ehqK8gpq Gil Mandelzis

Cardless, an embedded credit card platform, has successfully raised $30m in growth equity funding. Read more here: https://lnkd.in/egJihJr4 Michael Spelfogel