Personal Finance

MTN, Sanlam partner to expand insurance cover offering in Africa

South African telecommunications giant MTN has teamed with financial services business Sanlam to provide insurance products to subscribers of MTN in Africa.

BNPL player Zilch secures US market foothold with NepFin purchase

UK buy now, pay later (BNPL) company Zilch has entered an agreement to acquire FinTech startup NepFin as it prepares to enter the US market.

New unicorn TaxBit secures $130m via Insight Partners-led Series B

Tax and accounting and automation company TaxBit has reeled in $130m from a Series B round, passing the $1bn valuation landmark in the process.

Hippo to expand underwriting ability with two new InsurTech partnerships

US InsurTech Hippo has doubled its underwriting capacity after it entered an issuer carrier relationship with Ally Financial subsidiary and a partnership with Motors Insurance Corporation.

Triodos taps SurePay solution to prevent fraud, misdirected payments

Triodos Bank UK has selected SurePay’s Confirmation of Payee solution with the aim of reducing fraudulent and misdirected payments on its service.

Upgrade sharpens horn following $105m Series E round

US FinTech Upgrade has bolstered its unicorn status by lifting its overall valuation to $3.3bn following a $105m Series E capital raise.

Meta consolidates financial services under Novi brand

As part of Facebook’s rebrand to Meta, it has also changed the name of its FinTech services from Facebook Financial to Novi.

Vietnamese FinTech Timo taps Mambu to push brand expansion

Ho Chi Minh-based digital bank Timo has teamed with software-as-a-service banking platform Mambu to scale its business.

Gift City, India InsurTech link to boost FinTech in insurance sector

Indian international financial services centre Gift City and the India InsurTech Association (IIA) have partnered to strengthen FinTech use in the InsurTech market.

UK-based social bank Kroo inks $24.5m as it plans to launch in early 2022

UK-based social bank Kroo raised £17.7m in Series A funding led by tech entrepreneur and founder of Karlani Capital, Rudy Karsan.

News Stories

SigFig introduces AI-driven enhancements to the Engage platform for financial advisors

SigFig introduces AI-driven enhancements to the Engage platform for financial advisors

SigFig, a prominent provider of digital wealth management solutions, has enhanced its Engage platform for financial advisors with new AI functionalities.
HealthEdge and Zelis form strategic partnership to revolutionise healthcare payments

HealthEdge and Zelis form strategic partnership to revolutionise healthcare payments

HealthEdge, a provider of cutting-edge healthcare software solutions, and Zelis, a leader in healthcare payments technology, have announced a strategic partnership.
Revolut hits $45bn mark, offers lucrative share options to staff

Revolut hits $45bn mark, offers lucrative share options to staff

Revolut, a prominent player in the global FinTech sector, has recently announced a secondary share sale aimed at providing liquidity to its employees, enabling them to benefit financially from their contributions to the company's impressive growth.
PayQuicker teams up with Thunes to revolutionise global e-wallet payouts

PayQuicker teams up with Thunes to revolutionise global e-wallet payouts

PayQuicker, a leading global payouts orchestration platform, has partnered with Thunes, a pioneer in global money movement innovation.

Judge blocks US rule that sought to limit ESG investing

A US District Judge in Kansas City, Stephen Bough, has struck down a Missouri state rule that imposed restrictions on investment advisers regarding the...

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