Company News

As the WealthTech sector continues to grow at a rapid rate, FinTech Global has named the 100 most innovative companies in the space, as part of its third annual WealthTech100 list.

Wejo Group Limited, a provider of cloud and software solutions for connected, electric and autonomous vehicle data, has teamed up with Ford Motor Company in Europe to leverage connected vehicle data in insurance.

Värde Partners and Agam Capital have formed a partnership to pursue the acquisition, reinsurance and management of life and retirement businesses globally.

Ethos, the leading online life insurance provider has recently appointed Vijay Ratnam as its India Managing Director, as the firm looks to expand its presence in the nation.

Walmart-owned Flipkart is exempting storage and cancellation fees for sellers on its marketplace and providing them with insurance coverage as it seeks to support MSMEs through the ongoing Covid-19-induced challenges in India.

North American insurance technology provider Vertafore has acquired MGA Systems, a provider of purpose-built software for MGAs.

Banking software company Galileo Financial Technologies has scored $77m in an investment round led by venture capital firm Accel.

The EU's data protection watchdog has emphasised the importance of bolstering privacy features in the legislation for the digital euro.

Having raised its largest round of funding yet amidst the pandemic, TAINA is now ramping up its international expansion plans.

A study by composable banking platform Temenos has found that three in five – 60% - of UK adults use embedded finance services when shopping online.