Tag: Investments

India’s government incentivises FinTechs with 50-year interest free loans in 2024

Key Indian FinTech investment stats in 2023: • Indian FinTech companies raised a combined $3.2bn in 2023, a 49% drop from 2022 • Indian FinTech deal...

Nu given reguatory nod to operate financing company in Colombia

Nu Colombia, a subsidiary under the umbrella of Nubank in the country, has received approval from Colombia's Financial Superintendence (SFC) to operate as a...

Identifying compatible, secure software is the top priority for FinTech buyers...

A recent report by Gartner reveals the priorities for software buyers in 2024. As part of the study 542 software purchasing decision-makers were surveyed...

AIG bags $712m and closes secondary share offering of Corebridge Financial

American International Group, Inc. (AIG) has successfully concluded its secondary offering of Corebridge Financial, Inc. (CRBG) shares, generating approximately $712m.

Thanksgiving results in US taking a break from FinTech deals this...

Each week the US records the most FinTech deals, often accounting for more than half of deals recorded on any given week. However, with the Thanksgiving break, the US was notably quiet with just one deal closed. 

Generali Ventures commits €250m to boost FinTech and InsurTech sectors

Generali has kickstarted its latest venture capital initiative aiming to bolster innovation and identify fresh market opportunities.

European InsurTech deal activity rises for the third consecutive quarter

Key European InsurTech investment stats in Q3 2023 • European InsurTech deal activity hit 21 transactions during Q3 2023, a 23% increase from Q2 2023,...

hyve launches world’s first multiplayer money platform

hyve, a new savings and money management platform, announced today that its mobile app is now available on iOS and Android. The solution will offer...

Small week for FinTech deals with just $341m raised

It was a week of small deals in the FinTech sector, with just $341m raised across the 34 funding rounds to close.

Nymbus secures strategic investments to boost FinTech expansion

Nymbus, a premier provider of cutting-edge financial technology solutions, has announced significant strategic investments from Curql Collective and Reseda Group. Curql Collective is a Credit...

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