Micro-insurer BIMA lands $16.8m to grow in Asia
Asian telecom giant Axiata group is pumping $16.8m into microinsurance startup BIMA. The Swedish startup already works alongside the firm in several markets. Read more: www.fintechroundup.com
Evolving the AML compliance officer into a tech expert
As Anti-Money Laundering (AML) regulations and expectations have continued to grow and change so too have the expectations of AML Officers and their teams. Read more: www.finextra.com
Oval Money launches in the UK
Oval Money, the first personal savings app powered by collective intelligence, harnessing both machine learning and the wisdom of the crowd, launches in the UK. Read more: thefintechtimes.com
Holiday Crowd snags £290,000 for rental property investment
Online property investment platform Holiday Crowd has raised £290,000 in a Seed round from angel investors. Read more: www.fintechroundup.com
Trov secures $45m to insure items on-demand
On-demand insurance startup Trov has secured $45m in a Series D round led by Munich Re / HSB Ventures. Read more: www.fintechroundup.com
Jetty scoops up $4m for urban InsurTech
New York-based InsurTech startup Jetty has picked up $4m in Seed funding to serve city-dwelling consumers. Read more: www.fintechroundup.com
Why is signing up for mobile banking so hard?
Most banks still struggle to make it simple for customers to open new accounts entirely on mobile devices. Read more: www.americanbanker.com
Oval Money takes €1.2m for personal savings app
Personal saving and investment app Oval Money has secured €1.2m in funding from Italian banking group Gruppo Intesa SanPaolo. Read more: www.fintechroundup.com
Yunfeng’s investment robo-app targets the masses
Yunfeng Financial Group Ltd. has created a robo-advisor application to manage the wealth of regular Chinese and Hong Kong investors. Read more: www.bloomberg.com
Monzo gets full UK license, looks to expand to EU
Digital-only bank Monzo just received its full banking license from the United Kingdom. Read more: bankinnovation.net