FinTech News

Singapore Life moves into payments with Yolopay acquisition

Life insurance company Singapore Life has acquired Yolopay, supporting its move into the prepaid card sector.

Blink Innovation reports successful launch with Canadian partner Blue Cross

Ireland-headquartered Blink Innovation has announced a successful launch into Canada with partner Blue Cross Canassurance.

Nationwide launches pay-per-mile auto insurance solution

??Nationwide has launched a new auto insurance solution which lets consumers pay for the miles they have driven.

MākuSafe raises $3m in seed round to support key personnel hires

MākuSafe, a data and analytics platform aiming to improve worker safety, has secured around $3m in its Seed round.

UNSGSA report claims regulatory sandboxes are not needed for financial inclusion

A new report from the UNSGSA claims regulatory sandboxes are “neither necessary nor sufficient to promote financial inclusion, and similar results can be achieved through innovation offices and other tools.”

TheCityUK, Toronto Finance International sign MoU to support FinTech growth

TheCityUK and Toronto Finance International, two bodies supporting the development of financial technology services, have renewed their Memorandum of Understanding (MoU). The agreement supports the...

Smava sale, IPO could see consumer credit business hit $500m valuation

Private equity-backed online consumer credit platform Smava is reportedly being prepared for a sale or IPO which could see it valued at up to $500m.

Gen Re’s NOW app utilises facial analytics to accelerate policy buying

Gen Re’s NOW app has launched facial analytic tools to enable consumers quicker and easier access to insurance.

INSHUR closes Series A on $9m through mix of equity and credit

Mobile-based auto insurance platform INSHUR has secured $9m in its Series A which was made up of equity and credit.

Elevate Security secures $8m Series A

Cybersecurity developer Elevate Security has secured $8m in its Series A to support creating of a fully integrated security behaviour system.

News Stories

Slow week for FinTech with $557m raised across 16 deals

Slow week for FinTech with $557m raised across 16 deals

The UK leads the way in a slow week for FinTech, with just 16 deals completed globally and a total of $557.5m raised.  In a...
Glia introduces online calculator for benchmarking customer interactions in finance

Glia introduces online calculator for benchmarking customer interactions in finance

Glia, a pioneering force in customer interaction technology, has unveiled its latest innovation—the Unified Interactions Index Online Calculator.
TrueLayer lands $50m boost to pioneer pay-by-bank innovation in Europe

TrueLayer lands $50m boost to pioneer pay-by-bank innovation in Europe

TrueLayer, recognised as Europe's premier pay-by-bank network, has recently completed a significant fundraising milestone by securing an additional $50m.
Standard Life and Raindrop launch revolutionary free pension tracing service

Standard Life and Raindrop launch revolutionary free pension tracing service

Paysend, a pioneering UK-based FinTech company, has launched a new remittance solution, Paysend Libre, aimed at bolstering financial inclusion across Northern Central America.
WTW bolsters UK wealth management influence with strategic stake in Atomos

WTW bolsters UK wealth management influence with strategic stake in Atomos

WTW has announced its acquisition of a stake in Atomos, a prominent, advice-led wealth manager operating in the UK.

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