United Airlines and Chase United Quest Card

United Airlines and Chase Introduces New United Quest Card

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Another partnership between Chase and United Airlines will launch the new United Quest card. On March 21, United credit card holders' accounts will automatically...
KreditBee Series C Funding

KreditBee Raises $70M in Series C Funding

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Bengaluru-based financial technology lending platform KreditBee raised $70 million in a Series C investment round. The funding round was raised through its holding entity...
Wealth Management Solutions Ikigai

Ikigai Wealth Management Launches in the UK

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Financial technology company offering wealth management solutions Ikigai has announced Tuesday, March 16, 2021, that it had successfully launched its services in the United...
Diem Fuels Circular Economy

Startup Diem Fuels Circular Economy With $5.5M Seed Funding

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London-based fintech startup Diem innovates the banking scene with instant access to cash, now raised $5.5 million seed funding to further initiative. The funding round...
Mosaic War and Terrorism Insurance

Mosaic Offers War and Terrorism Insurance

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Specialty insurer and newcomer Mosaic Insurance has entered the market to provide war, terrorism, and political unrest coverage reported Insurance Business Magazine. These products...
Stripe Gains Funding

Stripe Gains $600M in Funding, Valuation Balloons to $95B

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Payments provider Stripe announced Sunday, March 14, 2021, that it had successfully closed $600 million in a Series H investment round. Following this, the...
Wells Fargo Abbot Downing Wealth Management Brand

Wells Fargo to Fold Abbot Downing Wealth Management Brand

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American multinational financial services firm Wells Fargo announced on Thursday, March 11, that it will retire the Abbot Downing wealth management brand as part...
European Union to Extend GACS Bad Loan Plan

Italy Working with the European Union to Extend GACS Bad Loan Plan

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The Italian government is requesting the European Union for another extension of the guarantee on the securization of non-performing loans (GACS), according to Reuters’...
Americans Cleared Credit Card Debt During Pandemic

Americans Cleared $83B in Credit Card Debt During Pandemic

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Americans have managed to repay a record of approximately $83 billion in credit card debt last 2020. According to the Atlanta Journal-Constitution, the figure...
UK Film and TV Production Restart Scheme Extension

UK Government Grants Extension for Film and TV Production Restart Scheme

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The UK government’s Film and TV Production Restart Scheme has been extended to December 31, 2021, for productions in need of insurance for risks...
WeLab Gains Funding From Allianz Insurance Firm

Hong Kong’s WeLab Fintech Company Gains $75 Million Funding From Allianz Insurance Firm

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The WeLab series C-1 round of funding secured $75 million from Allianz X, a venture capital subsidiary of the Allianz Group, a leading insurer,...
US Treasury Establishes Emergency Capital Investment Program

US Treasury Establishes Emergency Capital Investment Program for Community Financial Institutions

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The US Treasury said on Thursday, March 3, that it would invest $9 billion in minority and community lenders to help small businesses and...
HCC Ordered By Court To Pay Roc Nation

Insurer to Pay Roc Nation $12M for Death of Maroon 5 Manager

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Following a dispute on key man insurance policy over the death of Maroon 5 manager, Houston Casualty Company (HCC) was ordered by the court...
Hiro Capital Million Investment In Three Game Studios

Hiro Capital Announces $15 Million Investment In Three Game Studios

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Hiro Capital, a London-based venture capital firm focusing on funding innovators in games and esports, has made new investments worth $15 million in three...
Norway Wealth Fund Watches Kirin Holdings

Norway Wealth Fund Watches Kirin Holdings Due to Myanmar Connection

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The Norges Bank Investment Management (NBIM) is closely watching Kirin Holdings Ltd. because of its link with Myanmar’s military-owned business, reported Bloomberg. This can...
IRS Releases Guidance Notice On Employee Retention Credit

IRS Releases Guidance Notice On Employee Retention Credit For Employers

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The Internal Revenue Service (IRS) Notice 2021-20 provided a comprehensive guide on how employers can claim the employee retention credit for the 2020 calendar...
Square Financial Launches Own Industrial Bank

Fintech Company Square Financial Launches Own Industrial Bank

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Salt Lake City-based financial technology firm Square Financial Services announced Monday, March 1, 2021, that it has launched its own banking operations. The announcement...
Property Lending Firm Gets Credit From Goldman Sachs

Madrid-Based Property Lending Firm Gets $120M Credit From Goldman Sachs

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Former Citadel traders who formed a property lending company got a credit facility boost worth €100 million or $120 million from Goldman Sachs Group...
Fintech Firm Klarna Funding Round

Fintech Firm Klarna Acquires $1B in Latest Funding Round

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Klarna Bank AB, an institution focused on digital payments, raised $1 billion in a recently concluded funding round, reported Bloomberg. This brings the company’s...
US Affluent Areas Benefit Vaccine Rollout Plan

US Affluent Areas Benefit from Poor Vaccine Rollout Plan

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In some states, areas known for their wealth are expected to get the vaccine earlier than those with low incomes, reported Business Insider. The...
Zelros Funding for AI-Powered Insurance

Zelros Gains $11M in Funding for AI-Powered Insurance

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Paris, France-based artificial intelligence (AI) platform for advancing insurance distribution Zelros successfully raised $11 million in its Series A funding round. With the recent...
TymeBank Funding Gears for Asian Expansion

TymeBank Secures $109M in Funding, Gears for Asian Expansion

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South African digital bank, TymeBank, has successfully secured R1.6 billion (approximately $109 million) in a funding round. The funding round was led by the...
Washington Eyes Taxing Wealthy

Washington Eyes Taxing Wealthy More For Fairness Code

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In a move to promote wealth equality in the Washington state, the legislators are looking into enforcing a one percent tax for individuals with...
Auto Insurance Payment Via Bitcoin

Auto Insurance Payment Via Bitcoin Gains Approval from Some Companies

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Insurance Panda, a New York City-based provider of auto insurance quotes, has posted a new article on its website that discusses a relevant topic...
Santander Vows to Slash Lending to Coal-Focused Firms

Santander Vows to Slash Lending to Coal-Focused Firms by 2050

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In a press release posted on its blog, Santander Group announced its plan to cut down its lending to power generation companies that relies...
Ariel Stock Investments

Ariel Drops Generac, Slashes Microsoft and Nokia Investments

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Ariel Investments LLC recently sold all of its Generac Holding Inc. and China Mobile shares in the fourth quarter of 2020, reported Yahoo! Finance....
Kin Insurance Covers Property Values

Kin Insurance Covers Over $10B in Property Values

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Insurtech company Kin Insurance has recently surpassed $10 billion in total insured property value, according to PRWeb. This shows a growth of around 400%...
IndiGo 6E Rewards Ka-Ching Credit Card

IndiGo Celebrates One Year of 6E Rewards Ka-Ching Credit Card

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IndiGo, India's leading airline, has revealed additional incentives for its '6E Rewards' credit cardholders to mark the successful one year of its 6E Rewards...
Billhop Series A Funding Round

Swedish Fintech Billhop Raises €4M in Series A Funding Round

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Billhop announced Tuesday, February 16, 2021, that it had successfully raised €4 million in its Series A investment round. Following the €4 million investment,...
UpEquity Real Estate Lending

UpEquity Raises $25M Series A for Real Estate Lending

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Austin real estate software firm UpEquity plans to expand its lending services with the $25 million Series A funding, led by a local firm...