Nubank acquires Easyinvest and moves into the investment space
Brazilian challenger bank Nubank has acquired digital investment platform Easynvest for an undisclosed sum as the Latino FinTech decacorn moves into the investment space.
Monedo has filed for bankruptcy because of the coronavirus
Another German FinTech giant bites the dust with Monedo filing for bankruptcy after the pressures of Covid-19 became too much for the once celebrated company backed by investors like Peter Thiel and Naspers.
InsurTech Sunday has raised $9m to expand its services in Thailand
Thai InsurTech startup Sunday has raised $9m in a pre-Series B round led by SCB 10X, the venture capital arm of the Siam Commercial Bank.
Internet Initiative Japan picks Wolters Kluwer’s CCH Targetik to boost its performance
Internet Initiative Japan (IIJ) has picked CCH Tagetik, part of Wolters Kluwer Tax & Accounting, to enhance corporate performance management and better inform management decisions.
Prima Assicurazioni inks partnership with iptiQ
Vehicle InsurTech Prima Assicurazioni has signed a strategic agreement with iptiQ, the digital platform and white-label insurance provider of the Swiss Re Group.
Orchard bags $69m in Series C round
PropTech Orchard has secured $69m in Series C round led by Revolution Growth to fund the expansion of its services.
PayPal and Visa expand Instant Transfer to give businesses instant access to funds
Payment giants PayPal and Visa have expanded their Instant Transfer service to speed up the process needed for businesses and people to access transferred funds.
Prima Solutions has signed up AGPM as a partner
French InsurTech Prima Solutions has announced that insurer AGPM is placing its confidence in the reinsurance platform Prima XL to optimise its reinsurance operations.
Pie Insurance has grown its agency channel to include over 1,000 partners
InsurTech Pie Insurance has announced that it has grown its agency channel by 200% since the start of the year, reaching over 1,000 partners.
Toast picks InsurTech AP Intego to deliver insurance to customers
Leading restaurant management platform Toast has tapped InsurTech AP Intego to deliver business insurance to Toast’s tens of thousands of customers.
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