FCA to return £3.42m to victims of unauthorised investment schemes
The Financial Conduct Authority has obtained High Court approval to return £3.42m to compensate victims of a series of unauthorised deposit taking and collective investment schemes.
Global InsurTech market to be worth $16.8bn by 2025
The global InsurTech industry is expected to be worth $16.8bn by 2025 months after the sector enjoyed its best year yet.
Trucking InsurTech Koffie Labs secures $4.5m in venture financing
InsurTech Koffie Labs has netted $4.5m in a venture financing round to fund the reinvention of the trucking and transportation insurance market.
Greater Than deepens Zurich relationship via Onto agreement
InsurTech company Greater Than is deepening its collaboration with Zurich through an agreement with Onto, the UK's largest all-inclusive electric car subscription service.
Colektia secures $4.2m in Series A round as Latin American FinTech sector grows
Chilean FinTech Colektia has secured $4.2m in a Series A investment round on the back of a record year for Latin American FinTech companies.
Rising Bank adds mortgage loans and insurance services to platform
Digital financial institution Rising Bank has expanded into the mortgage sector by offering financial solutions through its digital platform to aid homeowners with home loan options.
Borrowell secures $25m in funding to acquire Refresh Financial
Canadian FinTech Borrowell has raised $25m to complete the acquisition of Refresh Financial and to support future growth.
Google Maps to enable street parking and ride payments
Google Maps will enable street parking and transit payments.
TransferWise rebrands to Wise as it eyes IPO
UK FinTech giant TransferWise has renamed itself to Wise as the company is preparing to go public.
Robinhood CEO apologises for “unacceptable” shortcomings during the GameStop chaos
The boss of Robinhood has apologised in front of a congressional hearing for the stock-trading app's behaviour amidst the GameStop chaos.
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