Northmill has rebought bonds worth £4.77m to boost its net interest income
Swedish neobank Northmill has repurchased bonds with a nominal value of SEK5.5m (£4.77m). The repurchase concerns the challenger bank’s senior unsecured bonds with a nominal outstanding amount of SEK500m (£41.48m).
Zurich acquires AIG’s travel insurance business for $600m to expand global reach
Zurich Insurance Group (Zurich), a global leader in insurance services, has announced an agreement to acquire AIG’s global personal travel insurance and assistance business (AIG Travel) for $600m.
WTW launches new tool to boost board-level climate skills
WTW has launched its latest tool aimed at promoting alignment between board members and management on climate action.
Investment juggernaut KKR to acquire Barracuda Networks
Investment firm KKR has agreed to purchase Barracuda Networks from private equity company Thoma Bravo in an undisclosed deal.
How eflow took the 2008 financial crash to reposition itself to become a RegTech...
There are few companies to have gone through two foundations, but a shift in core business focus following the financial crisis helped eflow Global become a pioneer in RegTech.
TransferWise teams up with Alipay to improve its money transfer services in China
London-based TransferWise is the latest FinTech company to team up with Alibaba-owned Alipay.
SEBI cracks down on Finfluencers with new compliance rules
The SEBI has announced a comprehensive set of new regulations aimed at the burgeoning influence of finfluencers on India's investment landscape.
Jerry’s AI-powered revolution in car insurance accelerates with $110m raise
Jerry, a service known for its PriceProtect technology that helps car owners find optimal insurance rates, has doubled its offerings.
Integrity taps Honeycutt for InsurTech innovation
Integrity Marketing Group, a distributor of life and health insurance, and provider of wealth management and retirement planning solutions, has agreed to acquire Honeycutt Insurance Marketing, an independent marketing organisation.
BitMEX might add customer due diligence procedures and people are not happy
One of the world’s biggest cryptocurrency exchanges might be about to introduce know your customer (KYC) procedures and people are not happy about it.