InsurTech market expected to generate over $158bn by 2030
A report published by Allied Market Research has detailed that the InsurTech market is expected to garner $158.99bn globally by 2030.
Drake-backed FinTech Aspiration set for IPO through SPAC merger
Sustainable FinTech platform Aspiration is set to go public through a $2.3bn merger with special purpose acquisition company InterPrivate III Financial Partners.
Revolut unveils earned wage platform to provide instant money access
UK FinTech firm Revolut is set to launch Payday, an earned wage access platform that will enable employees to track and have instant access to the money they have earned.
MTN, Sanlam partner to expand insurance cover offering in Africa
South African telecommunications giant MTN has teamed with financial services business Sanlam to provide insurance products to subscribers of MTN in Africa.
HSBC Insurance enters agreement to buy AXA Singapore for $575m
HSBC Insurance is set to acquire the Singaporean arm of global insurer AXA in a deal worth $575m.
FinTech Klover reels in $60m from Mercato-led Series A
US firm Klover has raised $60m from a Series A funding round led by Mercato Partners Traverse Fund.
RBI publishes consultation on overseas investment liberalisation
The Reserve Bank of India (RBI) has introduced two consultation papers with an aim of liberalising the county’s overseas investment regulatory stance.
Metro Bank taps BAME Recruitment to bolster workplace diversity and inclusion
Metro Bank has partnered with diversity and inclusion consultancy firm BAME Recruitment to help the company make more diverse and inclusive recruitment decisions.
Vietnamese FinTech Timo taps Mambu to push brand expansion
Ho Chi Minh-based digital bank Timo has teamed with software-as-a-service banking platform Mambu to scale its business.
Kroll introduces new KYC solution to strengthen checks, onboarding efficiency
US firm Kroll has introduced Kroll Business Connect, a new know-your-customer (KYC) tool to bolster the onboarding efficiency and KYC checks.
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