Chubb develops Pay-As-You-Roam travel insurance service
Swiss property and casualty insurance firm Chubb has revealed it is creating a Pay-As-You-Roam (PAYR) travel insurance service.
Car insurance app Noblr to be acquired by USAA
Insurance provider USAA is set to acquire US behaviour-based car insurance company Noblr for an undisclosed fee.
Embroker secures $100m Series C to expand business insurance offering
Digital insurance company Embroker has raised $100m from a Series C funding round led by FTV Capital.
Virgin Money teams with 9Spokes to aid business banking development
Virgin Money has partnered with New Zealand-based FinTech company 9Spokes to help support the development of the former’s business banking proposition.
Enfuce partners with Bud to bring its carbon tracking engine to UK
Finnish FinTech Enfuce has entered a collaboration with UK open banking firm Bud to bring the former’s carbon tracking engine to the UK market.
HKMA launches strategy for bolstering Hong Kong FinTech market
The Hong Kong Monetary Authority (HKMA) has unveiled a new strategy for driving FinTech development in Hong Kong.
Peter Thiel’s Valar Ventures, Klarna founder back Indonesia-based BukuWarung in $60m round
Indonesian FinTech startup BukuWarung raised $60m in Series A funding in a round led by Valar Ventures and Goodwater Capital.
Sidekick Partners and Scribd founder back LemonEdge in $2.5m round
London-based FinTech startup that helps firms in the private equity and financial services industries digitise complex accounting LemonEdge landed $2.5m in new capital.
El Salvador becomes first country to make Bitcoin a legal currency
The government of El Salvador has passed a bill that will see Bitcoin join the US dollar as legal tender in the country.
Pennylane picks up $18m from Sequoia for its financial management and accounting platform
Paris-based financial and account management solutions provider Pennylane raised €15m ($18m) in new funding from Sequoia Capital.
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