European FinTechs are growing stronger. Every week we hear about yet another successful funding round and record valuation. This time, the spotlight is on InsurTech Marshmallow and BNPL startup Scalapay. There are also some interesting partnerships between multinational financial institutions and innovative FinTechs, so read on to learn more!
This week in FinTech news we have exciting new launches in the realms of cashless credit, cross-border payments, and cashback initiatives. Besides that, a recent study has listed 10 top investment apps in the UK, some of which have scored over 80% increase in new users since March 2020. Get more details below!
In the dynamically growing world of FinTech, trust and security are everything. Even one mistake in these fields can lead a promising startup to instantly fail and there are no second chances. How to minimize the business risks if it is impossible to be 100% certain of the available cybersecurity measures? Read more to find out how cybersecurity insurance providers can let you sleep tight.
Many sports fans have a saying, often expressed on a wall of their neighborhood building: “you will never walk alone”. It shows the mass support of the entire ecosystem designed to help the team. The same goes for InsurTech—the future of the industry lies in platforms and ecosystems. Everything in favour of interconnected services, giving the user the ultimate experience.
InsurTech stands for insurance technology, but this term can still be considered pretty abstract. After all, how can cutting edge technology work in the insurance industry? As with all innovative ideas, there are many ways to reach the goal. Read on to learn all you need to know about InsurTech industry: its history, how it’s used to make life easier and accelerate business, and what its future is going to look like!