World Finance Informs

GreenLife Insurance Acquired by Raise Financial Services Broking Private Limited, thereby marking the company’s entry into the insurance distribution expansion in India through a cash and stock transaction. The acquisition grows Raise Financial Services’ presence into more general financial services besides capital markets as well as trading as FinTech firms progressively seek to create fully integrated ecosystems centred on investment, saving, loans, and security products. The company said it will make investments of $15 million in the business to build a technology-, product design- and customer experience-focused insurance distribution platform for consumers. Raise runs a number of financial platforms that offer stock trading...