Ola to acquire neobank Avail Finance

ANI Technologies, the parent company of ride-hailing platform Ola Cabs, has reached an agreement to acquire a 100% stake in FinTech startup Avail Finance.

Lendable secures £210m to transform consumer finance

Lendable, a leading AI-powered consumer finance platform, has raised £210m in a funding round that saw its valuation reach £3.5bn.

Africa-focused vehicle financing app Moove nabs fresh investment

Moove, an African mobility FinTech platform, has raised $10m in fresh financing from NBK Capital Partners

Navi Technologies files for IPO

Navi Technologies, an Indian FinTech startup offering insurance and loan products, has filed for a $440m IPO.

Acorn and Joist join forces to embed financing offers

Acorn, an embedded lending marketplace for home improvement financing, has teamed up with Joist, an EverPro solution, to embed financing offers into the Joist mobile platform.

Lending platform for immigrants Stilt scores Series A

Stilt, a financial services platform for immigrants, has bagged $14m for its Series A round, alongside the general launch of its new product.

Dutch BNPL solution in3 nabs $11.1m

Dutch buy bow, pay later platform in3 has scored $11.1m in fresh funding from Finch Capital.

Crypto mortgage provider Milo closes doors on Series A

Milo, a FinTech aimed at transforming how consumers access financial solutions, has scored $17m in its Series A funding round.

India’s Money View hits $625m valuation

India-based FinTech platform Money View has closed its Series D funding round on $75m, which values the business at $625m.

AutoFi lands $85m as it digitalises car buying

AutoFi, a commerce platform for digital automotive sales and financing, has raised $85m in funding, bringing its valuation to nearly $700m.

News Stories

HUB Cyber Security signs new deal with European corporation

Israel-based HUB Cyber Security has signed a long-term framework agreement with an unnamed European corporation to provide confidential compute hardware solutions.

What companies need to know about the future of work

With changing working arrangements and new technological innovations, the future of work is fast arriving.

The role of AI and machine learning in the customer experience

The insurance industry has paid lip service to AI and machine learning for some time. However, adoption has been underwhelming. As firms come under intense pressure to meet changing customer demands, could this instigate more rapid AI adoption?

Parametrix Insurance teams up with IMA for cloud downtime insurance

Parametrix Insurance, a provider of parametric cloud downtime insurance, has partnered with IMA Financial Group (IMA), a North American insurance brokerage firm specialising in risk management, insurance, wholesale brokerage and wealth management.

Skyline, Howden, and Munich Re in parametric insurance alliance

Parametric InsurTech Skyline Partners has partnered with Howden and global reinsurer Munich Re to develop a parametric insurance solution designed to protect farmers in Jamaica from extreme weather events.

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