MARKET SECTORS

Online insurance marketplace CoverHound expanded its offerings today. Read more : finovate.com

Ladder, the new life insurance startup looking to bring policy enrollment as easy as picking up a mobile phone, has launched in its first market — California. Read more: www.techcrunch.com

Munich-based health insurance startup Ottonova has closed a new round of funding led by Tengelmann Ventures. The round is between €15m and €20m. Read more: www.fintechroundup.com

Sogexia launches a new 100% digital online bank, this solution consists of a web and mobile online account to cash and withdraw money, process transfers and receive withdrawals, up to 4 MasterCard cards with optional travel insurance to settle expenses and make withdrawals. Read more: www.americanbanker.com.com

PropTech platform No Agent has secured more than £584,000 through an equity crowdfunding campaign. Read more: www.fintechroundup.com

Automated investment services are increasingly pushing into managing personal finances in areas previously left to larger brokerages as profit margins narrow. Read more: upstart.bizjournals.com

Percentile announced the launch of RiskMine FRTB calculator, which allows banks to meet the key requirements of BCBS’s new market risk capital standards. Read more: www.finextra.com

A recruitment drive to find key technical people for the UK’s first bank built exclusively for mobile is underway here in the region. Read more: www.finextra.com

More than one million incidents of financial fraud occurred in the first six months of 2016, according to official figures released by FFA UK. Read more: www.finextra.com

As the prevalence of RegTech increases, so too does the importance of entrepreneurs and developers taking advantage of the technology. Read more: www.siliconrepublic.com