Top news of the week: 01.06.2021.
General News
European insurtech startup Wefox grabs $650 million at $3 billion valuation
German startup Wefox has raised a $650 million Series C funding round led by Target Global. Following this funding round, the company has reached a post-money valuation of $3 billion. Wefox ...
Goldman Sachs leads $45M investment into auto fintech startup MotoRefi
MotoRefi has raised another $45 million in a round led by Goldman Sachs just five months after investors poured $10 million into the fintech startup to help turbocharge its auto refinancing ...
Visa takes a swipe in fintech, builds new online marketplace
The relationships between banks and fintechs are multi-faceted. In some cases, they partner. In many cases, they compete. In other cases, one acquires or invests in the other. Well, today, ...
Why Two German Fintech Startups IDNOW and Getsafe Chose to Expand to London Despite Brexit
How did the two startups make it to London and why was this the right move for them despite the pandemic and Brexit?
Fintech doesn’t need another banking app. We want software
There has been an explosion of fintechs serving SMEs and freelancers, but why is no one building fintech enterprise software?
What ING Bank Might Steal From DeFi
ING blockchain lead Mariana Gomez de la Villa said Ethereum’s composability could inform the next generation of banking services.
This Week in Fintech: TFT Bi-Weekly News Roundup 27/05
The Fintech Times Bi-weekly News Roundup on Thursday 27 May covers the latest partnerships, job appointments, funding rounds and launches.
FE XCELERATE 2021 attracts international fintech startups looking to grow to the next level
FE XCELERATE, the topline fintech accelerator program series in Asia, has overwhelmingly received more than 40 applications from fintech companies from around the world just two weeks after ...