Samantha Hurst

Mastercard Teams Up With Dubai International Financial Center to Enhance Regional Cybersecurity Efforts

Dubai UAE Beach Camels fredrik-ohlander-unsplash

Mastercard announced over the weekend that it has teamed up with Dubai International Financial Center (DIFC) to launch new enhanced regional cybersecurity efforts through the “Cyber Forward” program. According to Mastercard, Cyber Forward is to build secure digital ecosystems through public-private partnerships. “The Global Cyber Forward program… Read More

Update: Hybrid & Electric Car Developer Carverter Surpasses £2.3 Million in Funding Through Seedrs Campaign

Carverter, a UK-based company that enables customers to find & lease the perfect hybrid or electric vehicle (EV), has successfully secured more than £2.3 million through its equity crowdfunding campaign on Seedrs. The funding round, originally sought to raise £2 million, has already attracted 240 Seedrs investors.  As… Read More

TD Bank Creates New Commercial Bank

  TD Bank recently announced it has combined its previous commercial and corporate with speciality banking teams to create a new commercial bank. According to TD Bank, the commercial banking will drive growth as well as deliver a “better” client and colleague experiment and create… Read More

Israeli Venture Capital Investment Firm FinTLV Closes $120 Million Global Insurtech-Fintech Fund

    Israel-based venture capital investment firm FinTLV recently announced it has closed its second $120 million global insurtech-fintech fund. According to FinTLV, the fund will focus primarily on global growth-stage insurtech and fintech companies “The Fund has recently made several substantial investments in leading… Read More

Canadian Insurtech Foxquilt Announces Partnership With Digital Partners

    Foxquilt, a Canada-based insurtech startup, recently announced it has formed a new partnership with Digital Partners, a Munich Re company. Foxquilt reported that through the collaboration it will operate as a full-service insurance provider and co-creator of new, end-to-end insurance products and programs… Read More

Update: UK Liquid Cooled Computing Startup Comino Set to Close Seedrs With More Than €915,000 in Funding

  Comino, a UK-based liquid-cooled computing startup, is set to close its equity crowdfunding campaign on Seedrs with more than €915,000 secured. The funding round, which made its debut last month, originally sought to raise a minimum of €750,000. As previously reported, Comino offers professional… Read More

Synchrony Announces Acquisition of Point-of-Sale Consumer Financing Provider Allegro Credit

  Synchrony  (NYSE: SYF) announced earlier this week it has reached a definitive agreement to acquire Allegro Credit, a provider of point-of-sale consumer financing for audiology products, dental services and musical instruments. According to Synchrony, Allegro Credit’s merchant network and customer base will join the health… Read More

NatWest Announces Additional £1 Billion to Help UK-Based Female-Led Business During the COVID-19 Pandemic Recovery Efforts

  UK banking group NatWest announced on Thursday an additional £1 billion in funding to help support female-led businesses in the UK recover from the COVID-19 pandemic. NatWest reported that the goal is to ultimately help female entrepreneurs to scale and grow and builds on the… Read More

German Insurtech INZMO Raises €3.1 Million Through Seed Investment Round Led By Change Ventures

  INZMO, a Germany-based insurtech startup, announced on Thursday it secured €3.1 million through its latest seed investment round, which was led by Change Ventures with participation from Swiss insurance giant Helvetia. Founded in 2016, INZMO aims to simplify the insurance process with its full-stack… Read More

Blockchain Powered Real Estate Crowdfunding Platform Max Crowdfund Announces Expansion to New Zealand

Max Crowdfund, a blockchain-powered real estate crowdfunding platform, announced on Thursday it has expanded its services to New Zealand. The platform will launch in the country under Max Crowdfund NZ Agency Limited.  Max Crowdfund reported that the launch in New Zealand will allow investors to… Read More

Global Business Payments Company Fleetcor Announces Acquisition of Accounts Payable Cloud Software Platform Roger

  FLEETCOR Technologies, Inc. (NYSE: FLT), a global business payments company, announced on Thursday it has acquired Roger, a global accounts payable (AP) cloud software platform for small businesses. FLEETCOR reported that the acquisition will extend its portfolio of accounts payable automation solutions to small… Read More

National Australia Bank Set to Acquire 86 400 to Accelerate UBank Growth

National Australia Bank Limited (NAB) announced on Friday it has entered into a scheme implementation agreement to acquire 100% of the shares in 86 400 Holdings Ltd, the holding company of Australian neobank, 86 400. According to NAB, the acquisition is to help accelerate UBank’s… Read More

Barclays Accelerator Program Welcomes New York Class of 2021

  Barclays announced on Thursday the New York Class of 2021 for the Barclays Accelerator, powered by Techstars. According to Barclays, the 13-week program is designed to fast-track the next generation of fintechs. “Participating companies will collaborate with a team of Barclays executives, the Techstars… Read More

Thailand-Based Insurtech gettgo Scores $6.7 Million Investment From Muang Thai Group Holding

  gettgo, a Thailand-based insurtech startup, announced on Friday it secured a $6.7 million investment from Muang Thai Group Holding Co. gettgo, which operates under Muang Thai Broker Co., Ltd., a subsidiary of Muang Thai Group Holding Co., is on a mission to build a new… Read More

U.S. Insurtech Sidecar Health Secures $125 Million Through Series C Funding Round Led By Drive Capital

  Sidecar Health, a U.S.-based insurtech, announced earlier this week it secured $125 million through its Series C funding round, which was ledgy Drive Capital with participation from BOND, Tiger Global, and Menlo Ventures. Founded in 2018, Sidecar Health is on a mission to change… Read More

U.S. Financial Service Company Buckle Launches Rideshare-Only Auto Insurance in Tennessee

  Buckle, a U.S.-based financial services group, announced on Thursday it launched its rideshare-only auto insurance is now available in Tennessee. Buckle claims that it launched the first of its kind insurance, providing rideshare and Transportation Network Company (TNC) drivers with personal and commercial coverage… Read More

Refinitiv Expanding Scope of Due Diligence Reports With Additional Cybersecurity/Company Credit Risk Ratings From BitSight & Creditsafe

  Refinitiv, a provider of financial markets data and infrastructure that has served more than 40,000 institutions in over 190 countries, announced on Thursday it is further expanding the scope of its data-driven due diligence reports with the addition of cybersecurity and company credit risk… Read More

N26 Milestone: Now Has Seven Million Customers Across 25 Markets

    Digital-only bank platform N26 announced on Wednesday it now has seven million customers across 25 markets. This news comes just days after N26 celebrated its sixth birthday. As previously reported, N26 claims it is building the first mobile bank that the world loves to use…. Read More

PNC Set to Acquire Payment Gateway Provider Tempus Technologies

  PNC Bank announced on Wednesday it has reached a definitive agreement to acquire payment gateway provider Tempus Technologies. According to PNC, the acquisition will expand the banking group’s Treasury Management’s payments platform, which enables corporate clients to manage payable and receivables through a single… Read More

Brazilian Fintech Nubank Secures $400 Million Through Series G Funding Round

  Nubank, a Brazil-based fintech startup, announced on Thursday it raised $400 million through its Series G funding round, which attracted new investors, including GIC, Whale Rock and Invesco, along with former investors such as Sequoia, Tencent, Dragoneer, and Ribbit.  As previously reported, Nubank was founded… Read More

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