InsurTech solution developer Insurity acquires Virtual MGA
Cloud-based core system Insurity has acquired Texas-based Virtual MGA, an authority underwriting and distribution solution.
Majority of French young people don’t think traditional banking is up to snuff
New research from FinTech Moka and OpinionWay has revealed that 65% of the French people between the ages of 18 and 35 are unhappy with old school banks' services.
Miss these 27 funding rounds at your own peril
From stocktrading to teenage finances, last week's funding rounds provide plenty of things to consider for the future of the industry.
The value of bitcoin used on the darknet jumped by 65% in Q1 2020
Darknet users have increased the value of their bitcoin transactions, according to new research from Bitfury, the emerging technologies company.
Brazil-based FitBank has reportedly been acquired by JP Morgan
Brazil-based FitBank, which provides financial services solutions for companies, has reportedly been acquired by JP Morgan, for an undisclosed amount.
OCBC introduce new solution to make it easier for users to access their accounts
OCBC has integrated Singapore's National Digital Identity (NDI) platform in to its services.
Moneybox raises £30m in Series C funding round and launches crowdfunding campaign
UK-based FinTech Moneybox has bagged £30m in a Series C funding round led by Eight Roads and CNP. Breega also participated in the raise.
FinTech Sezzle raises $55m in post-IPO round
Australian payment instalments company Sezzle has reportedly secured $55m in a funding round from new and existing CHESS Depositary Holders (CDI).
Finnu bags $800,000 to launch its personal credit solution in Latin America
Fintech Finnu has secured $800,000 investment to give loans for phones to customers in Latin America.
CYR3CON secures $8.2m in new investment
Cybersecurity company CYR3CON has closed an $8.2m investment round led by Pivotal Group, with participation by Trumpf Ventures, 3Lines Venture Capital, DF Enterprises, Hike Ventures and other investors.