YuLife, the tech-driven insurance company on a mission to inspire people to live their best lives, announced that it has raised $120m in a Series C led by Dai-ichi Life Holdings Inc, a new strategic investor in the company. The funding round, which YuLife’s existing investors supported, takes YuLife’s total funding to $206m since the
WeLab Bank, the virtual bank dedicated to curating intelligent banking experience, announced that it had become Asia’s 1st purely digital bank independent of traditional banking groups in major Asian markets to launch a digital wealth advisory solution- GoWealth Digital Wealth Advisory (GoWealth). GoWealth combines the FinTech strength of WeLab Bank with the investment expertise of Allianz Global
Griffin, a Banking as a Service (BaaS) FinTech firm, announces it has raised $15.5 million in funding to launch the OS for embedded finance. Notion Capital led the round, with participation from existing investor EQT Ventures as well as FinTech angels, including William Hockey, co-founder of Plaid and founder and co-CEO of Column, Nilan Peiris,
Carving out your niche in the business world isn’t for the faint of heart. But after months and even years of planning, you’ve started to earn income as a new business owner. As an entrepreneur, you get the best of flexibility and earning potential plus some major financial responsibilities. Understanding your unique financial opportunity is
7th JULY, 2022
Thursday morning traders were analyzing the U.S. Federal Reserve’s June meeting minutes, which indicated the organization’s commitment to fighting inflation, and the bulk of Asia Pacific stocks was higher. Japan’s Nikkei 225 jumped 1.24% by 10:55 PM ET (2:55 AM GMT). South Korea’s KOSPI gained 1.73%. Australia, the ASX 200 rose 0.35%. Hong Kong’s Hang Seng was down 0.49%. China’s Shanghai Composite was
Feedzai, the world’s first RiskOps platform for financial risk management, has been ranked among the top vendors in anti-money laundering (AML) in a Forrester report released today, “The Forrester Wave: Anti-Money-Laundering Solutions, Q3 2022”. “Feedzai leverages machine learning and automation to overcome the difficulty many institutions have with legacy AML programs which operate with siloed,
Mambu, a leading cloud banking platform, announced a global partnership with Visa to utilize Visa DPS, one of the largest processors of Visa debit transactions globally. The partnership will give Mambu customers a seamless connection to Visa DPS for end-to-end card issuing and processing. Both companies recognized the importance of interconnectivity to meet the growing demand
e& (formerly Etisalat Group) recently announced that eWallet is undergoing a major transformation into a new FinTech company called e& money. As the FinTech arm of e& life (one of the specialist business pillars of e&), e& money aims to revolutionize the customer experience through its innovative financial super app marketplace. The announcement builds on the
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The acceleration in digital transformation and digital adoption across all industries has raised customer expectations over the last few years. The way customers want to pay for or access services has changed for good, so insurers, just like all those in financial services, have to meet those expectations to stay competitive. Consumers were already getting
