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.
Gusto secures $175m in highly subscribed Series E
Employee benefits business Gusto has reeled in $175m from a Series E funding round led by T. Rowe Price Associates.
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.
Gift City, India InsurTech link to boost FinTech in insurance sector
Indian international financial services centre Gift City and the India InsurTech Association (IIA) have partnered to strengthen FinTech use in the InsurTech market.
Novidea eyes expanded InsurTech footprint by joining ACORD program
Cloud-based InsurTech Novidea has revealed it has joined the ACORD Solutions Group (ASG) Licensed Integrator Partner program to expand its global presence in the market.
Paysafe fortifies payments footprint with PagoEfectivo acquisition
UK specialised payments platform Paysafe has entered an agreement to purchase alternative payments platform PagoEfectivo for an undisclosed fee.