FinTech & InsurTech Digital Congress: The Great Market Purge – how to survive and stay on top
FinTech & InsurTech Digital Congress will be held on 17-18 May 2023 in Warsaw, Poland.
Insurance
News, intelligence and resources on the global fintech industry including topics such as insurance.
TAS acquires fellow Italian software provider Mitobit
The acquisition is the fourth for TAS Group since July 2022.
South Korea’s Kakao Pay eyes majority stake in Siebert
Kakao Pay has acquired a 19.9% stake in the US firm and plans to buy an additional 31.1%.
India’s PhonePe lands $350m from General Atlantic at $12bn valuation
PhonePe expects to raise a total of $1 billion in funding, with other firms set to invest next month.
SME insurtech Superscript lands £45m Series B
The funding will be used to develop Superscript’s underwriting and broking capabilities.
2022: Top five regulations and fines
FinTech Futures takes a look back at some of the year’s top regulatory stories of 2022.
SaaS start-up Taktile lands $20m to boost US expansion
The firm claims it has seen “rapid growth” in the US and has tripled its revenues over the last 12 months.
White paper: Choosing a digital experience platform (DXP) for insurers
Find out how a DXP will transform your insurance business and consolidate your role in a changing marketplace.
Cover Genius lands $70m in Series D funding to boost growth
Funds will be put towards business growth and expanding its global insurance distribution platform, XCover.
New fintech start-up Five FS launches in the UAE and KSA markets
The start-up has officially launched in the UAE and Saudi Arabian markets.
Digital insurer wefox raises $400m Series D funding
Funds will be used for product development and expanding across Europe, Asia and the US.
The future of fintech and insurtech is DeFi and Web3
Financial institutions must start allowing access to DeFi functionality through their banking and insurance services.
ICYMI fintech funding round-up: Actyv.ai, MoneyHash, Novus, SJ Mobile Labs, Trace Finance, & Zand
Our weekly fintech round-up for you to get the latest funding news.
Rob Regan joins Hodge as new COO
Regan moves from digital savings, pensions and investment firm Ascentric, where he was CEO.
Fintech for migrants Rewire lands $25m investment
The investment will be used to bring insurance products to Rewire’s 600,000 users.
Insurance payments platform Ascend lands $30m Series A
Ascend claims to be “the first modern insurance payments platform”.
White paper: How insurers can build better relationships with their customers
Researching behavioural trends amongst insurance prospects and clients, especially throughout the pandemic.
The 10th NextGen Payments and Regtech Forum
The event will be hosted between 9 March – 10 March in Dublin, Ireland.
White paper: Accelerating P&C insurance sales with digital customer service
The Property and Casualty (P&C) insurance industry is being dramatically transformed by digital technologies.
Fintech funding deals globally 30 August – 5 September 2021
Featuring Insurify, Snap Raise, Clicklease, Jeeves and Origin.
HSBC acquires Axa’s Singapore insurance arm in $575m deal
HSBC doubles down on profit-making Asian businesses.
White paper: Accelerating insurance digital transformation – three top tech priorities
Actionable advice on what insurers should do and how – when it comes to transforming your business.
OneFamily goes live with iPipeline’s SSG Digital
UK-based OneFamily seeks more flexibility and adaptability.
Better acquires UK digital mortgage broker Trussle
The deal represents Better’s first entry into the UK mortgage market.
Video: fintech news pick of the week – Wise, LBGI and Circle
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
FCA levies £90m penalty against Lloyds Bank General Insurance for misleading comms
Insurer offered “competitive pricing” the FCA found to be false.
Tesco Bank appoints Gary Duggan as CEO for underwriting business
Duggan to join Tesco Underwriting in July, and stay for 12 months.
VC funding into fintech grows as sector embraces latest AI and gaming trends
VCs are ultimately looking for extraordinary entrepreneurs and companies to invest in.
Fintech funding deals globally 31 May – 6 June 2021
Featuring Wefox, Bought by Many, Chipper Cash, YieldStreet, and Kushki.
Digital insurer Wefox raises $650 million in Series C funding round
The funding round was four times over-subscribed and is a mix of new and existing investors.
Porto Seguro strengthens credit risk with AI-based solution from Brighterion
Porto Seguro has become the first taker in Brazil for the Mastercard company’s AI for Credit Risk.
Super gains $50m Series C funding for home warranty sector solutions
New investor, Wells Fargo Strategic Capital (WFSC), has led the $50 million round.
Fintech funding deals globally 10-16 May 2021
Featuring Gojek, Ethos, CloudWalk, Yuanbao, and Athena.
Cedar co-founder: Our biggest competition is status quo and inertia
Cedar acquired San Francisco-based OODA Health for $425 million last week.
Curo Fund Services goes live on Temenos accounting platform
South African insurance processor finishes first phase migration of five systems.
Fintech funding deals globally 3-9 May 2021
Featuring Wealthsimple, CollectiveHealth, Bitso, Shift Technology, and Forge Global.
Fintech funding deals globally 19-25 April 2021
Featuring Alan, Deel, Chargebee, Classy, and Tamara.
Fintech funding deals globally 12-18 April 2021
Featuring Clearcover, Razorpay, The Zebra, Netstars, and Fintern.
Three trends for insurers to watch in the post-COVID era
We can expect the insurance industry to take some major steps.
Box: Insurance isn’t just about premium rates, it’s about the entire user experience process
Vaneet Grewal, Box’s financial services managing director, talks to FinTech Futures.
