fintech and insurance News
China Fintech Firm Clampdown Widens
Chinese financial watchdogs on Thursday summoned 13 internet platforms engaged in finance business, including heavyweights Tencent and ByteDance, to order them to strengthen compliance with ...
Allianz Commits $75 Million, Strategic Partnership to Hong Kong Fintech WeLab
Allianz's technology investment arm is committing $75 million to WeLab, a Hong Kong-based fintech focused on virtual banking, consumer financing and other related digital services. The deal also ...
Fintechs Will Increasingly Squeeze Insurer Market Share: EU Official
Established insurers will face a squeeze on profits and market share as new financial technology companies muscle in on the industry, a senior European Union official said on Wednesday. More fintech ...
FinTech Innovation Lab New York Seeking Startups for 12-Week Program
The FinTech Innovation Lab New York is now accepting application for its 12-week program designed to help early-and growth-stage financial technology companies accelerate their development. The ...
Real Estate Data/Analytics Outfit Attracts $12M in Financing, Targets Insurers for Expansion
A company that gathers data and analytics for real estate customers has raised $12 million in new financing, with plans to grow its business further among financial firms and insurance companies. ...
China’s Ping An Insurance Reportedly Planning Massive IPO for Fintech Unit
Ping An Insurance (Group) Co., China's largest insurer by market value, is gearing up for an initial public offering of its OneConnect unit that could value the financial management portal at about ...
Fintech/Renters Insurance Startup Jetty Raises $25 Million Series B Financing
Fintech startup Jetty raised $25 million in new financing, and will use the cash infusion to expand the use of its home rental technology and services. Jetty's products include renters insurance and ...
China’s Ping An Insurance Invests in German Fintech Incubator
Ping An Insurance Group Co., China's biggest insurer by market value, led investors in injecting 41.5 million euros ($47 million) into Germany's Finleap GmbH in its latest round of funding. The ...