Tag: Fintech

FinTech Wales has introduced the FinTech Wales Foundry - a zero-equity business accelerator that pairs global FinTechs with leading Welsh financial institutions.

Insurance and investment management giant Prudential Financial has launched a $300m venture capital fund, its first through subsidiary PruVen Capital.

Newly-launched reinsurer Conduit Holdings has made a strong start to its time as a listed business after seeing its share value rise above its initial 500 pence offering in its first day of trading.

While the FinTech sector has proven to be quite resilient, Finch Capital believes the real effects will be felt in Q4 2020 and in 2021.

A majority of FinTech customers would happily use a traditional bank (66 per cent) or insurer (61 per cent) that offered similar services and pricing as a neobank or InsurTech rival, a study from Oliver Wyman claims.

Kingsbridge Group has bought digital freelancer insurance platform, Dinghy.The UK-based InsurTech is an on-demand insurance platform for freelance professionals, offering flexible insurance policies.Dinghy provides professional indemnity...

Saas platform InsuraGuest has been selected by Maryland-based Skiing and golf resort, Wisp Resort to provide its hotel guests with specialized insurance coverage.

Tech-focused growth investor Pilot Growth Management, which uses AI to help source its investments, has pulled in $45m for the final close of its second fund.

Allianz Group has used its digital investment unit Allianz X to take part in a C$100m investment in online investing service and trading app provider Wealthsimple.

Corvus Insurance has opened a new office in Atlanta, as the InsurTech brings in Joel Fehrman as vice president of cyber underwriting. Corvus provides a digital...