Exits

Paytm acquires India-based personal finance platform Balance.Tech

Paytm has acquired fellow Indian FinTech company Balance.Tech, a developer of personal finance solutions.

Meniga acquires customer rewards app Wrapp

RegTech company Meniga has acquired Sweden-based customer rewards platform Wrapp, for an undisclosed amount.

Wealthfront acquires Grove to support its ‘self-driving money’ goal

Robo-advisor platform Wealthfront has acquired financial planning startup Grove to enhance ‘self-driving money.’

Insurity acquires fellow InsurTech platform SpatialKey

Data analytics platform for insurance brokers Insurity has acquired SpatialKey, a geospatial analytics and data enrichment hub, for an undisclosed amount.

What does Lemonade’s upcoming IPO mean for the rest of the InsurTech industry?

Last week it was revealed that InsurTech scaleup Lemonade is planning to go public, but the question is what it will mean for its...

Wirecard North America sold to Syncapay

Syncapay has announced that it has bought Wirecard North America, marking another page in the story of the collapse of the scandal-ridden former FinTech giant.
Bitcoin

Is 2023 the year of Bitcoin’s death?

A blogpost by European Central Bank representatives has remarked that the current turmoil being seen in the crypto markets is ‘Bitcoin’s last stand’. 
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Daimler acquires PayCash Europe to launch Mercedes pay

Daimler Financial Services is acquiring electronic payments provider PayCash Europe. The terms of the deal are undisclosed.

Vantiv acquires UK-based Worldpay for £7.7bn

Payment processor Vantiv has reportedly acquired UK-based Worldpay in a deal worth around £7.7bn.

Goldman Sachs acquires personal finance app Clarity Money

Goldman Sachs Bank USA has acquired personal finance platform Clarity Money.

News Stories

How wealth management firms can get ready for generative AI

How wealth management firms can get ready for generative AI

Earlier this month, OpenAI unveiled its latest advancement in the world of generative AI, Sora. Unlike ChatGPT, its previous revolution in the world of generative AI, Sora allows users to build realistic videos from simple text instructions, potentially providing businesses with another tool to transform operations, such as marketing.
Vayana TradeXchange and Arqit forge partnership to revolutionise global trade finance

Vayana TradeXchange and Arqit forge partnership to revolutionise global trade finance

Vayana TradeXchange has announced a groundbreaking partnership with Arqit Quantum, also known as Arqit. This collaboration is set to harness Arqit’s TradeSecure™ digital negotiable instrument technology to revolutionise international supply chains.
ELEMENT, Versorgungswerk der Zahnärztekammer Berlin K.d.ö.R., Alma Mundi, InsurTech, insurance technology, cloud-based insurance, white-label insurance products, German Federal Financial Supervisory Authority, BaFin, non-life insurance, funding round, technology platform, investment, financial technology, innovation

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...
Relm Insurance, a prominent specialty insurance carrier catering to emerging and innovative industries, has welcomed Chris Sinkey as its Chief Operating Officer.

Relm Insurance welcomes Chris Sinkey as COO to drive growth strategy

Relm Insurance, a prominent specialty insurance carrier catering to emerging and innovative industries, has welcomed Chris Sinkey as its Chief Operating Officer.
London RegTech GSS secures $47m to bolster global sanctions compliance

London RegTech GSS secures $47m to bolster global sanctions compliance

Global Screening Services (GSS), headquartered in London, has announced a fresh infusion of $47m.

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