Sunday, September 8, 2024

6 things that insurance companies can learn from insurtechs

CEO Tim Kunde shares some thoughts about what traditional insurance companies can learn from insurtech startups like Friendsurance. Read more: www.friendsurance.de

Tech Mahindra takes over Pollen Street's Target Group in £112m deal

Welsh financial services outsourcing and software provider Target Group has been bought by India-headquartered multinational Tech Mahindra in a deal valuing the business at £112m.

Quickfire Australian SME lender Kikka Capital seals $2m Flexigroup backing

Kikka Capital, an online non-bank lender to Australian SMEs, has picked up a $2m equity investment from FlexiGroup alongside a new funding line for the business.

Microsoft is developing a blockchain ID system for the UN

One of the UN's Sustainable Development Goals is to provide everyone in the world with legal identity. And Microsoft and its partners believe this is a perfect case for blockchain technology. Read more: www.neowin.net

Bots aren’t ready to be bankers

Smart digital leaders at smaller firms are learning that this generation of chatbots may not be ready for prime time. read more: venturebeat.com

TTV passes halfway mark to $100m goal for fourth fund

TTV Capital has reeled in almost $59.4m for its fourth venture capital fund, which is more than half of the total sought amount of $100m. Read more: AltAssets.net

This FinTech startup says it will take $13 trillion away from...

If you've been paying attention to trends in finance, you know there's a lot of buzz around startups in financial technology, more commonly known as FinTech. Read more: www.businessinsider.com

Two real estate companies make Forbes' FinTech 50 list

Magazine recognizes companies that are leveraging technology to disrupt traditional real estate industry business models. Read more: www.inman.com

Lending company earnest raises $275m

The lending segment of the financial services industry has been one of the areas that has attracted the most interest from venture investors with mature. Read more: techcrunch.com

The future of microfinance in the FinTech age

Rupert Scofield, president and CEO of microfinance organisation FINCA, reflects on the state of microfinance as for-profit FinTech companies are moving in on the space. Read more: www.pioneerspost.com

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