Category : News

German Neo Insurer Getsafe Extends Series B Fundraise to US$93 Million

Getsafe, a digital insurer targeting millennial buyers in Germany and the UK, announced that it has extended its Series B funding round to US$93 million. The neo insurer previously announced in December 2020 that it had secured US$30 million during a...

Deutsche Börse to Roll Out Digital Post-trade Platform

Global market infrastructure provider Deutsche Börse plans to launch a regulatory compliant, fully digital post-trade platform called D7, anchored in the recently introduced German digital securities law framework. The new cloud-backed and DLT-ready...

5 Recommendations for Successful Insurtech Partnerships

Incumbent insurers and non-insurance companies are increasingly teaming up with insurtech companies, as they search for novel ways to solve business challenges, inspire innovation and create new business opportunities. Throughout the years, business...

Money Transfer Startup TransferGo Secured US$50 Million in Series C Fundraise

TransferGo, a London-based money transfer company, announced that it has secured US$50 million during a Series C funding round, bringing its total funds raised to US$77 million so far. The funding round was led by Elbrus Capital Fund III and Black Ri...

Robo Advisor Betterment Earns Unicorn Badge With US$160 Million Series F

New York-based robo advisor Betterment announced that it has secured US$160 million during a Series F equity round, pushing the company’s valuation to nearly US$1.3 billion. The growth capital raised comprises a US$60 million equity round and a...

Insurtech Firm Sure Bags US$100 Million in Series C, Now Valued at US$550 Million

US-based insurtech Sure announced that it has raised US$100 million during a Series C funding round which values it at US$550 million. The fundraise was co-led by Declaration Partners LP and Kinnevik AB with participation from WndrCo, FTAC Ventures,...

Market Pay Acquires French Payments Firm Dejamobile

Market Pay, an European and omni-channel payment platform, announced the acquisition of Dejamobile, a French provider of mobile and connected equipment payment solutions. This deal is the second acquisition for Market Pay this month, following the ac...

Deutsche Börse’s Venture Arm Acquires Minority Stake in Israeli Fintech WeMatch

Deutsche Börse’s venture arm DB1 Ventures has acquired a minority stake in WeMatch, an Israel-based fintech company digitising the wholesale derivatives industry, as part of the latter’s US$ 19.5 million Series B equity funding round. The deal...

Top 10 Upcoming International (Online) Events for Swiss Fintechs

It’s fintech events season again, with a number of global webinars, festivals and roundtables lined up for the tail end of 2021. For Swiss fintech companies looking to broaden their business base, and jumpstart their expansion efforts into fintech hu...

FQX Bags Award at the Fintech Germany Awards 2021

FQX, a Swiss-based provider of electronic promissory note infrastructure to facilitate trade finance and money markets, has won an award at the Fintech Germany Awards 2021. The startup bagged an award for the category “Foreign Entrant into the German...

Latin America’s Fast-Evolving Fintech Regulatory Landscape

Latin America (Latam)’s fintech industry is booming, fueled by the region’s large population of unbanked, rising demand for online banking tools and a surge in venture capital (VC) investment into the region. In 2016, Latam financial services compani...

Swiss Crypto Exchange Lykke Business Appoints Dom Braun as New CEO

Lykke Business, a Swiss fintech company that runs the crypto exchange Lykke Wallet for retail and professional traders, announced that it has appointed Dom Braun as its new CEO. Dom is an experienced business and technology leader who will succeed Ni...

Swiss Crypto Exchange Lykke Appoints Dom Braun as New CEO

Lykke Business Appoints Dom Braun as New CEO

BIS Joins Forces With Seven Central Banks to Explore Practicality of Retail CDBCs

A group formed by seven central banks and the Bank for International Settlements (BIS) has now turned to practical policy and implementation issues for retail Central Bank Digital Currencies (CBDCs), building on an initial report published in 2020. T...