MONET unveils revenue management platform for creators

London-based revenue management Fintech MONET, has launched in beta its revenue-based lending platform for creators, powered by embedded finance specialist Weavr.

Avail Finance said to close $9m Series A

India-based employee financial health app Avail Finance has reportedly raised $9m in its Series A round. Matrix Partners India, an early-stage investment firm, led the...

P2P lender PeopleFund bags $11m in Series B

South Korea-based PeopleFund, a P2P loan platform, has raised $11m in its Series B round of funding.
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Supply chain finance FinTech Finverity scores $5m

Finverity, a digital ecosystem for trade and supply chain finance, has secured $5m in a heavily oversubscribed equity funding round.

Starling Bank CEO responds to Bounce Back Loan criticism from rejected would-be loan takers

Several small business owners have criticised Starling Bank for its handling of the governmental coronavirus relief loans scheme and now the challenger bank founder has responded to the criticism.
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PayJoy pulls in $20m debt financing from Arc Labs

PayJoy, which provides credit to the underbanked, has pulled in a $20m debt financing.

POS financing solution Paidy secures $143m in funding

Paidy, a point-of-sale financing platform, has collected $143m in a funding round made up of both equity and debt.

Corporate credit card startup Moss said to close $25.5m in funding

Moss, a corporate credit card built for the entire company spending, has reportedly collected $25.5m in its new funding round.
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Santander Innoventures makes first investment into Brazil

Brazil-based Creditas has increased its Series C funding round to $55m, with Vostok Emerging Finance leading the round.
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CapitalBay picks up $477,000 equity round from KK Fund

Malaysia-based CapitalBay has reportedly picked up a $477,000 funding round from KK Fund.

News Stories

Aviva has announced the acquisition of AIG Life Limited  from Corebridge Financial, Inc., a quoted subsidiary of AIG, for £460m.

Aviva acquires AIG’s UK protection business for £460m

Aviva has announced the acquisition of AIG Life Limited  from Corebridge Financial, Inc., a quoted subsidiary of AIG, for £460m.
Boaba and Continental Assist have announced a partnership that aims to promote and expand parametric insurance solutions in the Latin American market.

InsurTech Baoba partners with Continental Assist for parametric solutions in LaTAm

Boaba and Continental Assist have announced a partnership that aims to promote and expand parametric insurance solutions in the Latin American market.
Specialty insurer Markel has announced that it has experienced a 113% increase in productivity for its underwriting team due to its partnership with InsurTech Cytora.

Markel sees 113% underwriting productivity increase following Cytora partnership

Specialty insurer Markel has announced that it has experienced a 113% increase in productivity for its underwriting team due to its partnership with InsurTech Cytora.
Arthur J. Gallagher & Co has acquired Ace Commercial Insurance Center in a significant move  designed to bolster its position in the competitive transportation market.

Gallagher acquires Ace Commercial to strengthen transportation market presence

Arthur J. Gallagher & Co has acquired Ace Commercial Insurance Center in a significant move  designed to bolster its position in the competitive transportation market.
Ledgertech, Menora Mivtachim, and Cellcom have recently formed a strategic alliance to launch the first-ever automated digital travel insurance product.

Ledgertech, Menora Mivtachim, and Cellcom partner to launch automated digital travel insurance solution

Ledgertech, Menora Mivtachim, and Cellcom have recently formed a strategic alliance to launch the first-ever automated digital travel insurance product.

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