Page 7 - Insurtech News Today

Matthew Crummack, CEO of Domestic & General, reveals how he hopes to create an Uber-like experience for customers, shares his talks with insurtechs and why

Ghanaian fintech company Zeepay Ghana Ltd today announced the completion of an equity investment by pan-African investment firms Africa50, Oikocredit, Injaro, Verdant Capital Hybrid Fund, and I&P. The funds will go towards expanding Zeepay’s operations in Africa and the Caribbean.

Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today announced that France Active has gone live on the Clearwater platform after a five-month onboarding period, in order to simplify their investment accounting operations and centralize their accounting book of record.

Kueski, the leading buy now, pay later (BNPL) and online consumer lender in Latin America, announced the launch of the in-store version of Kueski Pay, which will become available to all consumers by the end of Q2 of 2024.

Velmie is excited to announce a strategic partnership with Transi, an ambitious company from the US founded by a team of experienced finance professionals.

The Monetary Authority of Singapore (MAS) and Mastercard today signed a Memorandum of Understanding (MoU) to enhance cooperation in cybersecurity, with the aim to strengthen cyber resilience in the financial services sector in Singapore.

Today, Wise Platform, Wise’s infrastructure offering for banks, financial institutions, and enterprises around the world, announced its partnership with Nubank, one of Brazil’s largest financial institutions, to power their global account and international debit card.

The People's Bank of China (PBoC) has announced a re-lending scheme designed to boost the country's science and tech sector.

TerraPay, a global money movement company, has been granted a Major Payment Institution (MPI) License under the Payment Services Act 2019 by the Monetary Authority of Singapore (MAS)—a significant milestone solidifying TerraPay’s position as a cross-border payments powerhouse. TerraPay now has 11 licenses and 19 regulatory approvals in 30 markets, globally.

Crédit Agricole and Worldline [Euronext: WLN] today unveil CAWL, the name of their joint venture, with a strategy focused on combining service and proximity to provide merchants with payment services tailored to the unique needs of their sectors.