Revolut and Qover have announced their second collaboration, providing embedded insurance for a new trip and event cancellation cover.
Intangic MGA, a data science-focused MGA, has announced the launch of a cutting-edge early warning tool, the Intangic CyFi Dashboard.
In the dynamic landscape of insurance, artificial intelligence (AI) has emerged as a game-changing element. The central subject of many debates at recent forums, such as the #everywoman insurance forum, is an AI-powered chatbot, Chat-GPT. InsurTech company distriBind has explored the role of ai and chatbots in insurance.
Deeploy, a company with a mission to make AI explainable, accountable, and trustworthy, has announced an impressive financial boost.
Portal Gate, a compliant and privacy-centric infrastructure developer, has successfully closed a funding round of $1.1m.
Industry Research
UK Incumbent bank remain top of app download charts but challengers are closing the gap
Key mobile banking download stats as of June 1st 2023:
• Revolut was the most downloaded mobile banking app in 2022 with 3.31m downloads
• Combined app downloads from incumbent banks totalled at 50.6m as of June 1st 2023
• Neobanks listed have seen an average CAGR of 51% from 2017 – 2022 for app downloads The gap between neobanks and incumbent banks...
Chester-based edtech firm, iAM Compliant Limited, which specialises in providing eLearning courses and a cloud-based compliance platform, has successfully secured a funding round.
Consumer Platforms
YuLife and University of Essex unite to transform the insurance industry through gamification
he University of Essex, renowned for its comprehensive and research-intensive programmes, is teaming up with YuLife, a revolutionary tech-driven financial services company with a focus on employee wellbeing.
Second Century Ventures, the strategic investment sector of the influential National Association of Realtors, has today unveiled its pioneering REACH Latin America (LATAM) cohort.
The ID FinTech firm, Amartha, which operates an Indonesian peer-to-peer lending platform, has successfully amassed an investment of $100m from Community Investment Management (CIM), a prominent US-based debt provider.
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