Amica Mutual Insurance, a provider of auto, home and life insurance, has partnered with Canopy Weather to further monitor the impacts of tornado damage and enhance service to its policyholders.
A deputy chief economist at the FCA said that robo-advice can be a ‘very good’ complement to human financial advice but won’t replace it.
The ECB has published its first climate-related financial disclosures for its corporate sector and non-monetary policy portfolios.
Inszone Insurance Services, a provider of benefits, personal and commercial lines insurance, has acquired The Contractors Insurance Group, an insurance agency focused on contractors.
Raisin, a global savings and investment specialist, has raised €60m in a Series E funding round backed by Goldman Sachs.
battleface, a global travel insurance company, has partnered with BringFido to provide pet travel insurance coverage.
Britive, a cloud identity security platform, has secured $20.5m in a Series B funding round headed by Pelion Venture Partners.
FinTech News
The top 10 most well-funded neobanks in the UK have attracted a combined $7.9bn in funding
All eyes are on the banking sector after Silicon Valley Bank (SVB), Signature Bank, First Republic Bank (FRC) and now Credit Suisse collapsed. There is a possibility that some large neobanks listed could be in the firing lines. Monzo’s auditors EY gave a ‘material uncertainty” warning and labelled the bank’s ability to operate as a ‘going concern’ in July...
Key Turkish FinTech investment stats in 2022:
• Turkish FinTech deal activity in 2022 reached 42 deals in total, a 12.5% decrease from 2021 levels
• Turkish FinTech companies raised a combined $46m in 2022, down 12% from the previous year
• Average FinTech deal size in Turkey decreased 24% to $1.69m in 2022 Turkey’s FinTech sector saw decline in both investment and...
InvestEngine, an Exchange-Traded Fund (ETF) investment platform, has launched a second crowdfunding campaign to capitalise on a strong year of growth.
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