Lancai scoops up $27m for personal investments

Personal investments firm Lancai has raised ¥180m ($27m) in a Series B round of funding from Chinese online video firm LeEco.

Invoice trading platform Arex lands €3m

Finish invoice trading platform Arex has closed a €3m financing round led by venture capital firm Lifeline Ventures.

Wealthsimple grabs $15m to launch in US market

Toronto-based robo-advisor Wealthsimple has raised $15.25m from Power Financial Corp to launch in the US.

Fidor appoints CFO to head up global expansion plans

Digital banking company Fidor has appointed a new global CFO ahead of its international expansion plans. Brad Whittfield will take on the newly-created role based in Fidor’s Dubai global expansion hub.

Juvo partners with Tune Talk making first deployment in Malaysia

Mobile identity scoring platform Juvo has partnered with Malaysia-based mobile virtual network operator Tune Talk.

Finch said to bag $2.25m in seed round to support app launch

Australia-based Finch has reportedly bagged $2.25m in a seed funding round to support the continued launch of its application.

Wealthfront nets $75m in latest round, led by Tiger Global

Robo-advisor Wealthfront has netted $75m in a round of funding led by Tiger Global Management.

Monzo begins international roll-out after landing regulatory approval for RoI

UK challenger bank Monzo has received regulatory approval to operate in the Republic of Ireland.

Ascensus makes third acquisition of the year through Avintus deal

Ascensus, a retirement savings technology developer, has agreed to acquire third-party administration (TPA) platform Avintus, its third deal this year.

Student Loan Genius secures up to $4.6m in funding

Loan support platform Student Loan Genius has secured up to $4.6m in its latest funding round.

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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