Front Street Re names Edison Fong as its new CEO
Front Street Re (FSR), an international InsurTech and reinsurance company under Lexasure Financial Group Limited, has named Edison Fong as its new Chief Executive Officer (CEO).
Turkish central bank concludes first CBDC test transactions
The Central Bank of the Republic of Türkiye (CBRT) has run its first test transactions on the digital Turkish Lira CBDC network.
BriteCo raises $2m seed round to cover jewelry and luxury watch market
BriteCo – an InsurTech for the jewellery and luxury watch market – has raised $2m through its seed round. The company has secured investments from Trunk Club founder Brian...
Heritage takes on InsurTech with Slide partnership
US-based Heritage Insurance Holdings, a super-regional property and casualty insurance holding company, has entered into a strategic partnership with Slide, a startup InsurTech P&C...
UK to take less bureaucratic approach to regulations post Brexit
The UK is reportedly set to take a tough but less bureaucratic approach for banks once Brexit is completed.
Schroders Greencoat lands £170m for UK renewable infrastructure fund
Schroders Greencoat, a specialist in renewables and energy transition infrastructure under Schroders Capital, announced today a substantial commitment of £170m from the Environment Agency Pension Fund (EAPF) into its flagship UK private markets fund.
Ideagen introduces ESG tool to fight greenwashing
RegTech Ideagen, which provides software for high-compliance and regulated industries, will launch a new ESG tool to help their customers tackle greenwashing.
Cambodia and Singapore sign FinTech MOU to promote collaboration
The Monetary Authority of Singapore and the National Bank of Cambodia have signed a memorandum of understanding regarding FinTech innovation between the countries. Under the...
Private investment platform Republic to acquire Seedrs in $100m deal
US FinTech firm Republic has entered into an agreement to purchase crowdfunding platform Seedrs in a deal worth $100m.
zizzl releases tool to improve how businesses buy health insurance
zizzl has released its zizzl Health solution in a bit to rid the world of the days “nervously waiting for that health insurance renewal to arrive with an increase that breaks your budget.”