Lender DMI Finance snaps up $47m in funding
Indian lending firm DMI Finance has reeled in $47m in equity investment from new investor Sumitomo Mitsui Trust Bank.
What were the biggest PayTech deals of 2021?
In an age where the traditional form of in-person payments is being restricted due to Covid-19 restrictions, the rise of PayTech seems almost inevitable. With more people than ever now using payment technologies, the demand for funding is also climbing.
FinTech Revolut launches as a bank in 10 European countries
Revolut has launched as a bank in 10 select Western European countries in order to offer customers in these regions deposit protection.
Top FinTech mergers & acquisitions in 2021
During a time of greater market consolidation, FinTech Global takes a look back at some of 2021’s most notable mergers and acquisitions (M&A).
Marshmallow unveils Marshmallow Assist for roadside cover
InsurTech firm Marshmallow has launched Marshmallow Assist, an AA-backed program to provide roadside cover for its customers.
USAA launches life insurance product for younger customers
USAA Life Insurance Company has launched a digital life insurance product that requires no medical exam to 47 states in the US.
Why PayPal may be next to enter the stablecoin market
PayPal has confirmed it is looking into developing PayPal Coin, a dollar-backed stablecoin as it looks to expand its footprint in the cryptocurrency space.
Dutch financing platform Levenue acquires compatriot Requr
Netherlands-based financing platform Levenue has purchased FinTech Requr for an undisclosed fee.
PassFort successfully concludes SOC 2 audit
RegTech firm PassFort has revealed it has successfully completed its System and Organisation Controls (SOC 2) Type 2 audit.
Tractable joins forces with Mapfre for auto claims
InsurTech company Tractable has partnered with multinational insurance group Mapfre to apply AI solutions to auto claims.