Jay-Z-backed Ethos bolsters unicorn status with SoftBank investment
US life insurance firm Ethos has secured a $2.7bn valuation after a $100m investment from SoftBank Group.
Insurtech firm Kin enters merger to go public on NYSE
US InsurTech Kin plans to merge with Omnichannel Acquisition – a special purpose acquisition company – to go public on the New York Stock Exchange (NYSE).
Currencycloud highlights the rise and evolution of invoice finance
Cross-border payment technology developer CurrencyCloud has recently posted a blogpost detailing the ‘rise and evolution’ of invoice finance.
EU plans to end cryptocurrency anonymity as part of AML plan
The European Commission has said it intends to end anonymity in cryptocurrencies and introduce a new anti-money laundering (AML) agency to crack down on financial crime.
Revolut expands market footprint with move into the travel sector
UK FinTech firm Revolut has widened its market presence after it rolled out a booking service for the travel industry.
Soldo rakes in $180m from Temasek-led Series C
UK PayTech firm Soldo has closed a $180m Series C funding round led by investor Temasek.
Survey finds SFTR is leading to regulatory reporting consolidation
A survey conducted by IHS Markit and Pirum has found over 70% of regulatory respondents plan to consolidate their diverse reporting processes under a single platform.
MPOWER Financing secures $100m equity funding
US FinTech MPOWER Financing has raised $100m from a highly subscribed equity funding raise.
Over half of crypto experts believe bitcoin will replace fiat money by 2050
A recent survey has found that over half of the experts who took part believe bitcoin will become more dominant than money issued by central banks in less than 30 years.
Cognitive View considers funding for its global expansion
Founded in 2018, the Australian firm Cognitive View analyses customer communication data to identify conduct-related risk. The company – led by CEO Dilip Mohapatra – have had a busy last year, despite the challenges brought about by the pandemic. So what is next for the company?
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