Fintech
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Over the past year, insurtech matured significantly as a sector, with insurtech companies attracting larger and larger funding rounds globally. On a global level, there were 13 insurtech deals over $100 million during 2018, including a $375 million raised by Oscar Health Insurance in the US and $200 million raised by PolicyBazaar in India. Insurtech…
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In the early days of fintech, much was made of the potential of start-ups to disrupt the retail banking industry winning over customers on the virtue of improved user experience and capitalising on a decline in levels of confidence in banks following the Global Financial Crisis (GFC). London proved to be a remarkably fertile ecosystem…
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Corporate VC investment in fintech for 2018 of $23.1 billion nearly doubled the previous high of $11.6 billion seen in 2016, with the number of corporate fintech deals growing for the eighth successive year. Increasing corporate participation highlights fintech going mainstream as well as a competitive response to the emerging threat of Fintech companies that…