Real estate financing startup Point has raised $8.4m in a Series A round of funding led by Andreessen Horowitz.
Automated and algorithm-based wealth management is making an increasing impact on traditional wealth management.
Indonesian financial services comparison site Cermati has raised $1.9m in its Series A round. The investment was led by East ventures with existing backer Beenos Partners also participating.
RealtyShares has secured a $30m credit line to pre-fund properties listed on its real estate crowdfunding marketplace.
Swedish payments startup Klarna is inking a deal with UK retail conglomerate Arcadia to bring a “buy now pay later” offering to its e-commerce channels.
New York InsurTech startup Oscar is hiring Shaden Marzouk as its new chief medical officer. A neurosurgeon and US army veteran, Marzouk will replace Aran Ron in the role.
Australian payments and finance app zipMoney is acquiring personal finance management app Pocketbook for $7.5m.
Ontario-based Fusebill has raised $6m in a Series A round of funding. The capital for the SME subscription billing platform comes from individual backers.
A "nirvana moment" at Octopus Group has seen it become the latest established firm to launch an in-house tech incubator to keep pace with disruption in the industry.
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