Zip continues global expansion with Payflex acquisition
Australian buy now, pay later (BNPL) firm Zip has continued its push for an expanded global presence with the purchase of South African BNPL Payflex.
Arch Capital closes deal to acquire Westpac’s mortgage insurance business
Insurance firm Arch Capital has closed the acquisition of Westpac Lenders Mortgage Insurance (WLMI) for an undisclosed fee.
Insurify rakes in $100m from Motive Partners-led Series B
Insurance agent and comparison platform Insurify has raised $100m from a Series B round led by private equity firm Motive Partners.
Why strengthening reconciliation functions can help companies remain compliant
Established in 2013, European and UK RegTech leader MAP FinTech specialises in regulatory reporting solutions that arise from a number of complex and challenging international regulatory requirements. As regulator attitudes continue to evolve, how does MAP FinTech think firms can maintain regulatory compliance?
US DOJ unveils fellowship program to bolster legal fight against cybercrime
The US Department of Justice (DOJ) is launching a fellowship program that is designed to develop legal expertise to deal with cyber threats that impact national security.
UAE InsurTech Hala inks $5m to expand market footprint
Abu Dhabi-based Hala has snared $5m from a funding round led by Mubadala Investment Company.
How can traditional banks deal with the coming wave of embedded finance?
The embedded finance market is currently going from strength to strength. Thanks to companies like PayPal and Klarna, many non-financial institutions are integrating financial services into their platforms. As the sector continues to expand, how can traditional banks compete?
D3 Security secures $10m funding from Vistara Growth
Security orchestration D3 Security has raised $10m in growth equity funding from Vistara Growth.
Amazon to offer BNPL services to its US market through Affirm alliance
Global retail giant Amazon has partnered with buy now, pay later (BNPL) company Affirm to provide its US customers with a BNPL option at the checkout.
Challenger bank lending continues to climb with 11% uptick in 2020
Research by accountancy and advisory business BDO has found lending by challenger banks in 2020 reached a record high of £143bn – a hike of 11% on 2019.