WealthTech

The CEO of insurance and investment specialist Legal & General has said the City is struggling more than other UK regions to bring workers back to their offices.

Payment platform APEXX Global has revealed that four new buy now, pay later (BNPL) firms have joined its BNPL Connect aggregator.

Insurance giant AXA has introduced STeP, a new digital claims solution to help customers simplify their motor insurance process.

UAE-based buy now, pay later (BNPL) company tabby has concluded a $50m Series B funding round led by Global Founders Capital and STV.

SME 401 (k) provider Human Interest has closed a $200m Series D round hot off the heels of its $105m Series C and brings its valuation to $1bn.

Neobank Jupiter raised $45m in a new financing round as the startup gears up for its platform’s public launch in about a month.

A report by payments solution provider Moorwand has detailed that FinTechs who outsource to partners can generate almost £1m in additional revenue.

BigTech companies have changed customer expectations forever. With customer experiences at the forefront of their operations, consumers now seek the same level of simplicity and personalisation everywhere. Financial institutions have a tough road ahead to match these services, but they can learn from BigTech companies.

US payments network Rapyd has secured $300m from a Series E funding round led by Target Global.

Merchant payments and financial services provider BharatPe raised $370m in a primary and secondary mix, as a part of a Series E funding round led by new investor New York-based Tiger Global Management.