Saturday, July 27, 2024

UK challenger banks: who’s who 

With so many new entrants trying to muscle into the UK banking sector, Banking Technology has put together a comprehensive list of the known challengers. Read more: www.bankingtech.com

Clinc grabs $6.3m for voice-controlled smart assistant

AI-powered financial assistant Clinc has picked up $6.3m in a Series A round led by Drive Capital. Read more: www.fintechroundup.com

Insurers rush to grab hold of FinTech startups with potential

Autumn started with a rush of deals. As August turned to September, a clutch of big insurers announced investments in startups. Read more: www.financialtimes.com

Financial advice: man and robot can co-exist

Don’t be concerned if your human adviser starts co-planning with a robot – the arrangement is likely to benefit you. Read More: www.iol.co.za

VC and traditional insurer interest in InsurTech remains high

Even though venture capital investments in venture capital-backed FinTech companies fell interest in InsurTech startups continues to pick up steam, a new report reveals. Read more: insurtechnews.com

Student banking startup BankMobile sells for $175m

Student-focused challenger bank BankMobile is being sold by its parent company Customers Bank for $175m to Flagship Community Bank. Read more: www.fintechroundup.com

Startupbootcamp FinTech’s nine hot companies for London

Financial innovation accelerator Startupbootcamp FinTech has revealed the nine breakthrough businesses it has picked to join its London programme.

FinTech startup Smart Pension gets £3M in funding

FinTech startup Smart Pension has received an undisclosed sum of investment from European asset manager Legal & General Investment Management (LGIM).Read more: techcitynews.com

Alan picks up $13m for full-stack employee health insurance

French health insurance startups Alan has raised $13m in a new round of funding. The investment comes from CNP Assurances, Power Financial, Partech Ventures and angel investors. Read more: www.fintechroundup.com

UK ‘neo bank’ Pockit hits 100K users

Pockit, the U.K.’s leading next-generation ‘bank’, today announces that it is now meeting the everyday banking needs of 100,000 customers. Read more: www.finextra.com

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