Eos Venture Partners launches dedicated InsurTech fund
As hype continues to build around the potential for startups to disrupt the insurance space Eos Venture Partners is launching as specialised fund dedicated to finding opportunities in InsurTech.
Stripe schmoozes developers by chugging down Tonic
Payments provider Stripe is broadening its appeal to developers with the acquisition of node prototyping service Tonic. The financial terms of the deal are undisclosed but Tonic is rebranding to Runkit.
Ant Financial ups its biometrics game with $70m EyeVerify buy
Alibaba FinTech subsidiary Ant Financial is boosting its biometric capabilities through the acquisition of Kansas City-based EyeVerify.
Point seizes $8.4m for debt-free home buying
Real estate financing startup Point has raised $8.4m in a Series A round of funding led by Andreessen Horowitz.
Singapore and Switzerland shake hands for FinTech cooperation
Singapore and Switzerland are teaming up to boost their respective FinTech sectors.
InsurTech firm Oscar hires new chief medical officer
New York InsurTech startup Oscar is hiring Shaden Marzouk as its new chief medical officer. A neurosurgeon and US army veteran, Marzouk will replace Aran Ron in the role.
zipMoney acquires finance management app Pocketbook
Australian payments and finance app zipMoney is acquiring personal finance management app Pocketbook for $7.5m.
Fusebill nabs $6m for SME billing platform
Ontario-based Fusebill has raised $6m in a Series A round of funding. The capital for the SME subscription billing platform comes from individual backers.
Brazil-based Nubank grabs $80m for digital credit card
Brazilian digital financial services firm Nubank has raised $80m in a Series D round of funding. The investment was led by DST Global.
PortfolioQuest scoops up pre-seed for financial training tool
Financial training tool PortfolioQuest has raised $750,000 in a pre-seed round of funding. The funding for the startup was led by Nels Friets and Venkatesh Sethuraman.