FinTech News

Zenus Bank puts 2020 launch on hold because of Covid-19

By postponing its launch to 2021, Zenus Bank has joined the number of challenger banks forced to shift their focus because of the coronavirus.

Trov launches new portfolio of insurance products and partners with Lloyd’s

On-demand insurance platform Trov has released a portfolio of end-to-end digital insurance products, alongside new partnership with Lloyd’s Banking Group.

Finsall said to raise $1.6m in pre-Series A

InsurTech company Finsall has reportedly raised INR 12 crore ($1.6m) in its pre-Series A funding round.
NTT DATA UK&I, a leading IT services provider and consultancy for the insurance industry, has announced a new partnership with iPipeline, a renowned provider of comprehensive digital solutions for life insurance, pensions, savings, and investments in the UK.

NTT Data and iPipeline partner to drive insurance innovation

NTT DATA UK&I, a leading IT services provider and consultancy for the insurance industry, has announced a new partnership with iPipeline, a renowned provider...

Raisin closes strategic investment from PayPal

Financial marketplace Raisin has closed a strategic investment from digital payments giant PayPal.

Revix scores $4m investment to support launch of investing mobile app

South Africa-based cryptocurrency investment platform Revix has raised R58.5m ($4m) in its latest funding round.

Greystar, AXA, CBRE acquire Resa in joint venture

Spanish student accommodation marketplace Resa has been acquired by a joint venture partnership. The majority of the company was picked up by AXA Investment Managers...

Australian payments app QPay said to raise $1m in funding

Australian payments app for university students QPay has reportedly netted $1m in funding.
fraud

Biometrics triumphs in consumer satisfaction and online fraud combat survey

An IDC InfoBrief, sponsored by Mitek, highlights trends in consumer satisfaction and the ongoing battle against AI-generated fraud.

Ulu Ventures eyes $100m for Fund III

Early-stage venture investor Ulu Ventures is eyeing $100m for its third fund.

News Stories

NGFS

NGFS launches Version 2.0 of data directory to tackle climate finance risk

The NGFS Data Directory, an initiative led by major financial institutions including the BIS Innovation Hub Singapore Centre, the MAS and the Bank of France, aims to fortify the global financial sector against the burgeoning threat of climate change.
Bank of London

Bank of London secures £42m in oversubscribed funding round

Bank of London, a UK-based clearing bank and embedded banking service, has announced a successful £42m funding round.
MSIG Asia, a leading general insurance provider, has announced a new regional collaboration with Serenity Health Partners to transform the health insurance landscape.

MSIG partners with Serenity to reshape health insurance landscape in Asia

MSIG Asia, a leading general insurance provider, has announced a new regional collaboration with Serenity Health Partners to transform the health insurance landscape.
compliance

How new regulations and tech are shaping financial crime compliance

The landscape of financial crime compliance is rapidly transforming. Amidst political upheavals and technological advancements, the cost of compliance has become an integral part...
Thatch, a health benefits startup, has raised $38m in a Series A funding round led by Index Ventures and General Catalyst.

San Francisco-based Thatch raises $38m to revolutionise health insurance benefits

Thatch, a health benefits startup, has raised $38m in a Series A funding round led by Index Ventures and General Catalyst.

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