Starling Bank’s co-founder’s new cryptocurrency startup Ziglu secures ?5.25m in seed funding
Having left Starling Bank back in 2016, Mark Hipperson is now back with his new venture Ziglu, which has just bagged ?5.25m in seed capital.
SIMON Markets forms another partnership this year
SIMON Markets has integrated with AnnuityNet, which is an order-entry solution for annuity transactions from EbixExchange.
slice bags $6m in pre-Series B financing round
Bangalore-based FinTech slice has raised $6m in a new funding round led by Gunosy.
Smartcar and Paydrive deal brings Sweden its first pay-per-mile solution
Smartcar, an API developer for cars, has partnered with Paydrive to offer affordable mileage-based insurance to Tesla vehicle owners in Sweden.
Wirecard has gone bust after scandal saw the FinTech unable to account for $2.1bn
FinTech Wirecard has filed for insolvency after a week of turmoil that saw it unable to account for a $2.1bn hole in its balance sheet and its former CEO being arrested on fraud allegations.
Farmers Insurance to underwrite Jetty’s insurance policies
Farmers Insurance will be the exclusive reinsurance provider to Jetty, a renters insurance platform, as part of a new deal between the two companies.
Vetina Healthcare launches its pet insurance platform Pawtect in India
Vetina Healthcare, a developer of animal healthcare products, has launched Pawtect in India to offer medical cover for dogs.
How are AML procedures in financial institutions being impacted by the Covid-19 pandemic?
With the chaos the coronavirus has put the world in, it’s easy for certain things to slip under the radar, the problem is these can be just as damaging to the business as the pandemic.
CardWorks and Ally Financial pull the plug on merger because of Covid-19
Back in February, technology-enabled finance lender and compliance solution CardWorks announced it would be acquired by digital financial services firm Ally Financial. However, now those plans have been cancelled.
Brazil’s central bank halts WhatsApp’s payment rollout
WhatsApp rolled out its mobile payment services in Brazil last week, but has already been suspended by the central bank.