#Platforms / Succeeding In The Platform Age Of Digital Technology In Insurance

Insurance technology has evolved from its humble beginnings nearly 40 years ago, as Oxbow Partners explained. The role of technology has shifted from a simple record-keeping tool into the very core of the business. The digital age is already behind us. We are now entering the next exciting stage: the platform age. The Four AgesContinue reading “#Platforms / Succeeding In The Platform Age Of Digital Technology In Insurance”

#BaaS #Platforms / Trio of European start-ups raise fresh funding

A trio of European fintechs have raised funding to fuel businesses focused on automation, Banking-as-a-Service (BaaS), and business financing. Amsterdam-based Factris has raised €5 million… The start-up provides factoring finance, in which a business sells its invoices to a third party at a discount. UK-based mobile point of sale app KodyPay nabbed £1.8 million… KodyPayContinue reading “#BaaS #Platforms / Trio of European start-ups raise fresh funding”

#Platforms / Uber Enters Auto Rental Business In UK

Uber Technologies has entered the auto rental business in the United Kingdom… The technology company has entered a partnership with car rental provider CarTrawler… Uber already has partnerships with CarTrawler in France and Australia. [Uber:] “Update your Uber app to the latest version to see if you have the Uber Rent option. Select ‘Rentals’ andContinue reading “#Platforms / Uber Enters Auto Rental Business In UK”

#Platforms / SPAC Investor Ackman In Limited Talks With Stripe For IPO

Billionaire investor Bill Ackman said he’s had preliminary discussions with Airbnb and Stripe, among others, about helping them to go public… The process would involve them going through a merger with Ackman’s blank-check company. Ackman raised $4 billion for Pershing Square Tontine in July and had $5 billion in total capital ready to deploy. HeContinue reading “#Platforms / SPAC Investor Ackman In Limited Talks With Stripe For IPO”

#BigTech / Amazon India Adds Insurance, Gold To Its Offerings

In a bid to attract new customers and sell $13 annual subscriptions to Amazon Prime, the paid service that gives users access to extra services, the eCommerce giant has added insurance and gold to its menu… Four years ago, Amazon introduced its Amazon Pay digital wallet to increase online payments. Today, it offers a creditContinue reading “#BigTech / Amazon India Adds Insurance, Gold To Its Offerings”

#Payments / Finix lands $30m from Lightspeed & Amex

Finix, a San Francisco-based payments infrastructure-as-a-service provider, has landed $30 million funding. Finix helps start-ups set up their own payment infrastructures in-house. Acting more like a plumber than a plug-and-play service, Finix helps firms avoid using payment giants like Stripe… It makes its money by charging companies a sliding software fee based on how manyContinue reading “#Payments / Finix lands $30m from Lightspeed & Amex”

#eCommerce / Wish Files Paperwork To Go Public

Wish, the online marketplace, has confidentially filed paperwork to go public with the U.S. Securities and Exchange Commission (SEC)… After the SEC reviews the document, Wish could move forward with an initial public offering (IPO) or a direct listing… Wish’s filing follows a number of startups, including Snowflake, Palantir Technologies and Asana… Wish was foundedContinue reading “#eCommerce / Wish Files Paperwork To Go Public”

#Payments / Tech Firm Nuvei’s Potential IPO Could Be Biggest Of 2020

If Nuvei’s IPO gets the green light from regulators, it could be the largest Canadian technology IPO of 2020… Founded in 2003, Nuvei’s platform connects to all major payment card schemes worldwide, and supports more than 450 local and alternative payment methods and 150 currencies. Last summer, Nuvei bought the omnichannel payments firm SafeCharge InternationalContinue reading “#Payments / Tech Firm Nuvei’s Potential IPO Could Be Biggest Of 2020”

#Platforms / Salesforce’s Addition To Dow Spotlights Connected Economy Impact

Out with the Exxon. In with the ecosystem. That’s what’s going on with the Dow Jones Industrial Average, which has announced plans to swap out three stocks, including replacing Exxon Mobil Corp. with Salesforce.com. It’s only one stock index, but the Dow is shorthand for big business. The 30 component stocks that make up theContinue reading “#Platforms / Salesforce’s Addition To Dow Spotlights Connected Economy Impact”

#Platforms / DoorDash Moves Ahead With Q4 IPO Plans

The food delivery giant’s plans for an initial public offering (IPO) come as Airbnb Inc, Asana Inc., Palantir Technologies Inc., Snowflake Inc., and Unity Technologies Inc. also plan to debut as public companies this year. *** In February, the Silicon Valley-based delivery unicorn filed for an initial public offering (IPO) with the Securities and ExchangeContinue reading “#Platforms / DoorDash Moves Ahead With Q4 IPO Plans”