Quona Capital, an emerging markets venture capital firm, has closed its Fund III at $332m, which it plans to use to fund financial inclusion in emerging markets.
Nassau Financial Group has entered into a definitive agreement for its subsidiary Nassau Life Insurance Company to acquire New York-based Delaware Life Insurance Company (DLNY).
FINOM, a financial management platform aimed at SMEs, has continued its European expansion efforts, with its launch in the Netherlands.
As the cost-of-living crisis takes hold of the world, there are bound to be a number of challenges the financial market will need to brace for. One of the ways firms are looking to prepare for the challenge is through technology.
SelectQuote has partnered with Symetra Life Insurance Company and Munich Re Life US to bring SwiftTerm Select point-of-sale life insurance product to the SelectQuote platform.
NatWest Group has entered a strategic partnership with the Vodeno Group to create a new banking-as-a-service (BaaS) business in the UK.
Chubb Life Hong Kong and AEON Credit Service Company have launched a distribution partnership to take advantage of cross-sector opportunities across the insurance and retail markets.
Waada, a Karachi-based online insurance startup, has acquired MicroEnsure Pakistan, a rival InsurTech company.
Aflac Incorporated, a Fortune 500 company insuring more than 50 million people in Japan and the US, has formed a joint venture with Trupanion to provide pet insurance in Japan.
Relay Ventures has received a $10m investment from Alberta Enterprise for its fifth fund, to support early-stage companies.