Chime in talks for IPO giving it a valuation of $30bn
Financial services firm Chime is in early talks with investment banks on a new stock market flotation which could potentially value the startup at $30bn, Reuters reported.
AI can help financial institutions improve their daily customer alerts
AI technology can help financial institutions reduce the amount of daily customer alerts they receive.
Financial wellness company Immediate snaps up $15.5m capital
Birmingham-based FinTech firm Immediate raised $15.5m in a fresh capital raise to help more employees overcome the challenges and burdens of financial stress through elective access to earned pay.
InsurTech Policybazaar bags $75m from Falcon Edge to fuel expansion plans
Softbank-backed InsurTech PolicyBazaar has raised $75m in a fresh funding round led by the investment fund Falcon Edge Capital.
eToro to go public after $10.4bn merger with Betsy Cohen-backed SPAC
Multi-asset investing and trading platform eToro plans to go public through a merger with SPAC FinTech Acquisition Corp. V backed by Betsy Cohen, valuing the equity of the combined firm at around $10.4bn.
Brim Financial rakes in $25m through Series B funding round
Canadian FinTech and certified credit card issuer Brim Financial secured $25m in a Series B round co-led by Desjardins Group and EPIC Ventures.
Axis Bank rolls out wearable contactless payment device Wear ‘N’ Pay
In a bid to encourage the mainstream adoption of cashless transactions, India-based banking group Axis Bank launched its own range of wearable contactless payment devices, called Wear N Pay.
The EBA publishes report on the monitoring of liquidity coverage ratio
The European Banking Authority (EBA) has published its report on the monitoring of liquidity coverage ratio (LCR) implementation in the EU.
How Palturai revolutionizes the way companies view business networks
Palturai started as a conversation between friends. Now it is rapidly expanding across the globe.
Majesco launches a new Bureau circular and rate adoption feature
Cloud insurance platform software developer Majesco has released its new Bureau circular and rate Adoption capability.
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