Sector Updates

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

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.
Modives

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.

News Stories

Visa and AWS partner to revolutionise global digital payments landscape

Visa and AWS partner to revolutionise global digital payments landscape

Visa, a global leader in digital payments, has announced its integration into the AWS Partner Network (APN), a global community that utilizes AWS technologies to create diverse solutions for customers.
WealthTech's promising Q1 2024: Valuations soar as strategic buyers lead

WealthTech’s promising Q1 2024: Valuations soar as strategic buyers lead

WealthTech's promising Q1 2024: Valuations soar as strategic buyers lead
Comarch has been enlisted by P&V Group to bolster the company's digital insurance solutions as part of their continued collaboration.

P&V Group partners with Comarch for enhanced digital insurance solutions

Comarch has been enlisted by P&V Group to bolster the company's digital insurance solutions as part of their continued collaboration.
Gain an edge in pricing decision intelligence with hx Renew's specialist API Exam

Gain an edge in pricing decision intelligence with hx Renew’s specialist API Exam

Nearly one year ago, hyperexponential launched a certification programme, beginning with the "Core Model Developer Exam." The initiative has been warmly received, with certificates and badges being awarded quarterly. The enthusiasm for this achievement is visible, with many sharing their hx Renew certificates on LinkedIn, celebrating their success.
FinTech

Strong week for FinTech deals with almost $750m raised

This week saw a rip-roaring collection of deals in the FinTech sector, with FinTech Global recording a complete total of 31 deals. The biggest...

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