BaaS platform Omnio bags €30m as it vies for European expansion
UK banking-as-a-service (BaaS) company Omnio has raised €30m in funding in a round led by GrayBella Capital.
Data analytics – the next frontier for insurance
The digital transformation of the insurance industry has been underway for many years. Carriers have drastically improved their efficiency, speed and accuracy through the implementation of new technologies. Now the sector may be looking towards data analytics to make the latest leap in the space.
Challenger bank Cogni raises $5.4m seed round and gears up for Q4 launch
Cogni, the online-only bank, has completed a $5.4m seed round to fund the launch of the business with the last quarter of 2019.
Lemonade completes Metromile acquisition
Lemonade, the digital insurance company that leverages AI technology has closed its acquisition of car insurer Metromile.
How an API solution can solve your financial planning woes, Kidbrooke says
Financial planning and having an investment strategy in place is far from straightforward, but Kidbrooke explains how technology can make it easier.
Fidelity’s Nature Roadmap sets stiff deforestation standards for investments
Fidelity has unveiled its Nature Roadmap, a strategy for integrating nature conservation into its investment and stewardship activities.
Uber launches new FinTech initiative Uber Money
Ride-hailing unicorn Uber has made another foray into the FinTech space with its new initiative Uber Money.
EBA launches consultation on internal ratings-based systems handbook
The European Banking Authority (EBA) has launched a consultation on its supervisory handbook for the validation of internal ratings-based systems.
Zeta secures unicorn label following $250m Series C
Indian neobank startup Zeta has received unicorn status after a $250m Series C funding round took it to a $1.45bn valuation.
APRA targets bank resilience with new liquidity changes
The Australian Prudential Regulation Authority (APRA) is making strides to fortify the banking sector against future stress.
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