Carvana acquires Adesa in $2.2bn deal
Carvana, an online used car marketplace, is to acquire physical auction business Adesa from KAR Global for $2.2bn in cash, a report by Coverager has revealed.
Zip in Sezzle take-over for BNPL expansion
Australia-based BNPL provider Zip has entered into a definitive agreement to acquire rival Sezzle.
Web app security startup Feroot secures $11m seed
Website and web app protection firm Feroot Security has snared $11m in a seed financing round led by True Ventures.
Virgin Money registers under CRM for boosted anti-fraud efforts
UK bank Virgin Money has become fully registered to the Contingent Reimbursement Model Code (CRM Code), a voluntary standard aimed at anti-fraud.
IDEX Biometrics teams up with IDEMIA for Sweden’s first biometric card
IDEX Biometrics has teamed up with augmented identity developer IDEMIA to support the launch of Sweden’s first biometric card.
Capital Bank of Jordan unveils the country’s first digital-only neobank
The Capital Bank of Jordan has launched Blink, the first ever digital-only neobank in Jordan.
OCTO and Ford team up for auto insurance
OCTO Telematics has partnered with Ford Motor Company to extend its data streaming partnership into Europe to bolster its insurance offering.
Socotra selected as core platform for UBI programme
European insurer Aioi Nissay Dowa is launching MOTER as an InsurTech MGA in the US and partnering with Socotra to develop its telematics-driven, usage-based insurance product.
Polly launches integrated auto insurance product
Polly, a digital insurance marketplace for automotive retail, has launched a personalised insurance enrolment fully integrated within the consumer’s car shopping experience.
Everspan branches out for home and auto insurance in the US
Everspan Insurance Company has partnered with Branch Financial, which uses data, technology, and automation to make home and auto insurance simpler and less expensive, to expand Branch’s footprint in the US.
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