Europe
British insurtech startup Zego accelerates into the Netherlands
London-based commercial motor insurance startup Zego said it plans to launch in the Netherlands and ramp up its presence in France this year.
The company, which became the UK’s first insurtech unicorn last year, said it’s also eyeing other new...
Insurance
Insurtech startup Luko acquires Coya and gains insurance license
French startup Luko is acquiring German startup Coya in order to grow its European presence and get an insurance license from German regulators. While Luko isn’t disclosing terms of the deal, the company says it’s a 100% share deal,...
Americas
US fintech Brex raises $300m to expand product portfolio
US fintech company Brex has raised an additional $300m funding in a Series D-2 round that valued the company at $12.3bn. The funding round was led by Greenoaks Capital and Technology Crossover Ventures (TCV).
It is expected to enable the...
News
Temenos Launches Industry’s First AI-Driven Buy-Now-Pay-Later Banking Service on the Temenos Banking Cloud
Temenos, the banking software company, announced the launch of its Buy-Now-Pay-Later banking service. This offering will open up new revenue opportunities for banks and fintechs, help them reach new markets and cement their relationships with both consumers and merchants...
Banking
Worldlines digital payments expertise selected to bolster Kilo Health’s expansion plans
Worldline, a global leader in the payments and transactional services industry, has been selected by digital health and wellness front-runner, Kilo Health, as its digital payments partner to support its international expansion strategy, specifically supporting recurring or subscription payments.
The...
Americas
Mastercard advances B2B payments solution with BMO and Moneris Partnerships
Mastercard announced new partnerships with BMO and Moneris Solutions Corporation (‘Moneris’), who have joined Mastercard Track™ Business Payment Service. This unique Mastercard solution, available to Canadian business customers in early 2022, is designed to help buyer and supplier partners...
Banking
Bridge Bank Expands National Focus on Startup Banking
Bridge Bank today announced it is expanding its national focus on Startup Banking with a key hire, Kelly Caviglia. She joins the Technology Banking group to spearhead the bank’s ongoing work with early-stage tech and innovation companies to support...
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