Friday, December 4, 2020

Plum nabs $500,000 for savings chatbot

Facebook Messenger-based chatbot Plum has raised $500,000 in a seed round of funding led by 500 Startups' microfund. Read more:

Property portal Zameen receives fresh $2.1m at $83m valuation

Pakistani real estate portal Zameen has received $2.1m in funding from Malaysian investor Frontier Digital Ventures. Read more:

Holvi hires new CEO to lead future growth

Finnish digital banking startup Holvi is appointing Antti-Jussi Suominen as its new CEO following the company’s acquisition by BBVA in March. Read more:

No alternative to mobile digital engagement strategy

According to research by BBA and Statista, consumers are now using mobile banking apps more often than any other method of banking. Read more:

OpenDoor pulls in $210m for ‘home-flipping’ platform

Online real estate platform OpenDoor has pulled in $210m in its Series D round to expand its home-flipping service to 10 cities around the US. Read more:

ABAKA pockets seed funding for savings platform

Artificial intelligence-powered savings platform ABAKA has raised £520,000 in a seed funding round. Anthemis Exponential Ventures led the investment. Read more:

How FinTech Is reshaping asset management

PitchBook’s latest FinTech analyst report details how a confluence of demographics, technology and regulations has begun to change the way money is managed. Read more:

Insurers tap cyber security ratings to limit liabilities

New breed of startups aims to assess strength of companies’ defences against hackers. Read more:

Financial advisors launch private UK bank For SME’s

The financial advisors at deVere Group are launching their own private bank in the U.K. aimed at SMEs and international clientele. Read more:

Blockchain insurance consortium B3i adds 3 new members

A blockchain technology consortium spearheaded by a global group of insurers has added several new members. Read more: