Lemonade to postpone IPO after seeing WeWork’s failed attempt
Online insurance company Lemonade has reportedly delayed its initial public offering (IPO) after seeing the problems WeWork suffered after its own.
MGT Capital closes $4.2m investment from UAHC Ventures
North Carolina-based MGT Capital Investments has closed a $2.4m funding round from UAHC Ventures.
Synchrony and Pawlicy partner for accessible pet insurance
Synchrony, premier consumer financial services company, and pet insurance marketplace Pawlicy Advisor are joining forces to help consumers better plan for expenses regarding their pet.
Monetary Authority of Singapore announces FinTech Hackcelerator finalists
The Monetary Authority of Singapore has announced the 60 finalists for its latest Global FinTech Hackcelerator and Global FinTech Awards.
Salary Finance acquires Neyber to establish UK’s largest employee financial wellbeing platform
Global workplace finance platform Salary Finance has acquired Neyber, the FinTech aimed at improving employees financial wellbeing.
InsurTech Laka pedals ahead with $8m funding and strategic acquisition
The firm recently announced a successful funding round amounting to €7.6m ($8m). Leading the investment was the French mobility fund, Shift4Good.
Close to half of all transactions expected to contactless by end of 2022
A report by VoucherCodes has found 47% of all transactions are expected to be contactless by the end of 2022.
InsurTech disruptor Modives secures $3m in seed round
Modives, an InsurTech start-up, is aiming to improve the arduous process of insurance verification for property managers and auto dealers.
Peer-to-peer lender JULO has expanded its Series A round by $10m
Indonesian peer-to-peer lender JULO has extended its Series A funding round with $10m
Snyk releases new global partner program
Snyk, a developer-first security company, has released its global channel program for security partners to foster collaborations in the market.