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FACTS The British InsurTech By Miles, specialising in pay-per-mile car insurance offers, has been granted a licence from the Financial Conduct Authority (FCA). They intend to rely on Open Banking-entailed opportunities to fine-tune their risk a...
FACTS The Paris-based mobile payment FinTech Lydia announces a €40 million financing round.
Players’ Strategy UNITED KINGDOM – Monese lets their UK customers open joint accounts and starts featuring joint accounts in euros for EEA customers, too. Instant EUR to GBP transfers between Monese accounts will not be charged. FRANCE – The...
- Money transfer
FACTS TransferWise –British money transfer specialist– teams up with Visa.
Players’ Strategy CHINA – Wirecard sets to acquire all shares in Allscore Payments Services. This agreement, amounting to €72.4 million, gives them access to the Chinese payment market and contributes to expanding their cross-border payment pla...
Players’ Strategy UNITED STATES – Active.Ai teams up with Visa to provide banking institutions with interactive AI-powered solutions (e.g.: conversational agents). Among considered features: balance checking via chatbot, travel notifications, n...