Coverager provides insight on the insurtech investment market with a list of 11 insurtech deals announced in January; Practo in India tops the list with a $55 million investment; firm provides a platform for patients to book appointments and also offers a software as a service solution for doctors. Source
Christian Faes, the CEO and Co-founder of UK property lender LendInvest, discusses tech, investment channels, the UK housing crisis, Brexit,...
One of the hottest fintechs has received another monster round of funding; Robinhood raised an additional $320mn to boost their...
Miners explain how China's underground crypto mining operation works.
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While VC funding is scarce, Arc is building on its alternative funding options, focused on early-stage startups looking to grow.
AutoFi has raised $10 million from a Series A fundraising and has plans to expand its auto lending technology services; the platform currently allows auto dealers to sell cars online, connecting buyers with lenders; it will add vehicle leasing options for customers; it is also expanding its services to Canada through a new partnership with Tricor Automotive Group. Source
States have voiced their opposition against the OCC's fintech charter proposal and could be a factor limiting the charter from proceeding; with the charter, fintechs can be granted special purpose national bank status which includes national governance with exemption from state laws; many states have actively integrated regulations and processes for alternative lenders, including state usury laws and regulations for payday lenders; opposing states say the charter would complicate existing state level laws and initiatives. Source
In 2014, Amazon launched a product that sounded strikingly similar to something already on offer from Twitter co-founder Jack Dorsey’s...
After throwing lifelines to troubled digital currency exchanges BlockFi and Voyager Digital, Sam Bankman-Fried, the 30-year-old billionaire founder of FTX, warns that many crypto exchanges will soon fail.
Federal Reserve Chair Jerome Powell outlined four qualities a hypothetical digital currency in the U.S. must have while adding that no final decision has been made on whether to proceed with creating one.