Koala and KAYAK to provide “no-nonsense” travel insurance
KAYAK, a travel search engine, has partnered with InsurTech Koala to provide a digitised travel protection platform in Europe.
NFT wallet Phantom bags $109m Series B
Phantom, which claims to be the fastest growing crypto wallet, has bagged $109m in its Series B funding round, which was led by Paradigm.
Crypto exchange FTX hits $32bn valuation after Series C
Cryptocurrency exchange platform FTX Trading has bagged $400m in its Series C funding round, which brings its valuation to $32bn.
Americans lost $770m from social media scams in 2021
Reports received by the Federal Trade Commission have found US citizens were scammed to the tune of $770m through social media cons during 2021.
How Ayoconnect intends to ‘bank the unbanked’ in Indonesia
Southeast Asian open finance platform Ayoconnect has closed a $15m Series B funding round led by Tiger Global.
Mastercard expands BNPL offering to Middle East
Mastercard has expanded Mastercard Installments, its Buy Now, Pay Later (BNPL) product, to consumers in the United Arab Emirates (UAE) and Saudi Arabia.
Myanmar to seek ban on digital currencies, VPNs in new cyber law
The military junta leading Myanmar has drafted a cybersecurity law that would ban the use of VPNs and digital currencies.
France-based Pretto closes Series B on €30m
France-based Pretto has closed its Series B round on €30m as it looks to continue its growth momentum.
Industry-first data risk intelligence NVISIONx closes seed
NVISIONx, which claims to be one an industry-first data risk intelligence platform, has raised $4.6m in seed funding.
Plum Life and London Underwriters join forces for life insurance
InsurTech Plum Life has entered into a distribution agreement with London Underwriters that will give the company’s 8,000 wholesale property and casualty agents access to Plum Life’s digital selling platform.
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