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Revolut opens tech hub in Berlin News 

Revolut opens tech hub in Berlin

Fintech startup Revolut is opening a small tech hub in Berlin. There’s already a ton of fintech talent in the city, as it’s the hometown of N26. The company plans to hire 80 people at first for many different tech jobs, from software engineering to data science, product and growth. And this isn’t just about […]

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Africa’s Fintech Ecosystem Raised $320m And Grew 60% In Two Years News Uncategorized 

Africa’s Fintech Ecosystem Raised $320m And Grew 60% In Two Years

Yoco is a successful South African fintech startup, which offers a this card reader. Africa’s fintech companies have raised $320 million in funding since January 2015 and the ecosystem has surged 60% in the last two years. The continent’s fintech firms have grown to 491 from 301 in 2017, while the $132.8 million raised in […]

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Compared: Facebook Libra and Calibra vs Apple Pay News 

Compared: Facebook Libra and Calibra vs Apple Pay

Last week, Facebook announced Calibra, a subsidiary of the social network that will introduce a digital wallet for Libra, a new blockchain currency for use by anyone who can use Messenger and WhatsApp, even those without access to fundamental financial services. AppleInsider compares what Facebook’s offering will provide with Apple Pay and its plethora of […]

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Online bank Monzo valued at £2bn following £113m funding round News 

Online bank Monzo valued at £2bn following £113m funding round

Funding round includes Y Combinator Continuity, Latitude Venture Partners, General Catalyst and Stripe Online-only bank Monzo has closed a new funding round doubling the startup’s valuation to more than $2.5 billion (£2 billion), making it one of the UK’s most highly valued fintech companies. Monzo last raised funding late last year at a valuation of […]

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Lemonade has settled on Germany for first expansion beyond the US News 

Lemonade has settled on Germany for first expansion beyond the US

Insurtech startup Lemonade has launched in Germany, marking its first expansion beyond the US, reports the Financial Times. In addition to offering contents and liability insurance in the country, Germany will be the first market in which the startup uses Policy 2.0 — a policy document that aims to make insurance coverage details more straightforward. […]

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London-based insurtech start-up Zego raises $42m to fund European expansion  News 

London-based insurtech start-up Zego raises $42m to fund European expansion 

A start-up which allows Uber and Deliveroo couriers and drivers to pay for commercial vehicle insurance by the minute has raised $42m (£33.3m) in investment. Zego, which was founded by two former Deliveroo employees in 2016, allows workers in the so-called “gig economy” to pay for commercial insurance only when they use their cars and […]

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What role does big data play in the insurance industry? News 

What role does big data play in the insurance industry?

Extracting massive volumes of relevant customer data will be integral in transforming the insurance industry A cloud-based infrastructure is now the norm for most insurance companies. In 2019, seven in 10 carriers incorporated the cloud in their business operations, with increased speed, flexibility, and scalability being some of the key benefits. And this widespread cloud […]

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4 Full-Stack Insurtech Startups To Watch News 

4 Full-Stack Insurtech Startups To Watch

We zoom in on enrollment and premium stats from four big-name, full-stack insurance tech startups. Where is this data coming from? Start your free trial today Email Where is this data coming from? Start your free trial today Email Full-stack insurance tech startups are shaking up the insurance landscape. Download the 39-page P&C INSURANCE report Download the […]

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