Tag: Softbank

Vitable Health nets $1.6m in its funding led by SoftBank

Health insurance startup Vitable Health has collected $1.6m in a funding round, which was led by SoftBank Group.

SoftBank ups stake in PolicyBazaar despite the InsurTech’s CEO claiming the...

Insurance marketplace PolicyBazaar has reportedly raised a further $130m from SoftBank, despite the chief executive believing the previous expansion efforts led by the mega investor were a "mistake."

How will the Wirecard scandal affect the FinTech sector?

The collapse of Wirecard has sent shock waves through the FinTech industry, cut customers off from their money and raised some serious questions about the role of regulators.

What does Lemonade’s upcoming IPO mean for the rest of the...

Last week it was revealed that InsurTech scaleup Lemonade is planning to go public, but the question is what it will mean for its...

FinTech investment in Latin America had a strong first quarter as...

Companies in the region raised over $475m in Q1 2020 driven by large deals in Mexico and Brazil. The FinTech industry in Latin America...

OakNorth rumoured to be working on a $300m secondary offering of...

UK challenger bank OakNorth is reportedly in the process of preparing a secondary offering to enable investors to cash in on their holdings, according to Sky News.

Kabbage furloughs a “significant number” of employees because of the coronavirus

SoftBank-backed FinTech Kabbage has furloughed a “significant number” of its 500 US employees as it becomes the latest company to suffer from the global COVID-19 pandemic.

OakNorth Bank founder Rishi Khosla reveals how the challenger bank became...

The UK is often hailed as frontrunner when it comes to challenger banks. However, only one of the leading brands has become profitable.

AlphaCredit scores $125m in its latest funding round

AlphaCredit, a consumer lending platform for Mexico and Colombia, has secured $125m in its latest round.

Chinese investors help Nigerian payments startup OPay secure $120m Series B...

Lagos-based OPay, the FinTech startup, has bagged $120m in a massive new investment round to scale its Nigerian presence and to tap into Kenya, Ghana and South Africa’s markets.

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