This is an excerpt from a story delivered exclusively to Business Insider Intelligence Fintech Briefing subscribers. To receive the full story plus other insights each morning, click here. Divvy, a US-based fintech startup that helps businesses manage expenses, has secured a $200 million Series C round led by NEA with participation from Pelion Venture Partners […]
China’s fintech funding dipped significantly in Q1 2019
This is an excerpt from a story delivered exclusively to Business Insider Intelligence Fintech Briefing subscribers. To receive the full story plus other insights each morning, click here. Global fintech funding was down 13% from $7.3 billion in Q4 2018 to $6.3 billion in Q1 2019, according to a new report from CB Insights. Business Insider […]
AI could displace banking jobs in Singapore
This is an excerpt from a story delivered exclusively to Business Insider Intelligence Fintech Briefing subscribers. To receive the full story plus other insights each morning, click here. Forty financial services job roles in Singapore are set to be highly impacted — either through role convergence or displacement — by robotic process automation, advanced analytics, […]
UK banks are missing out on revenue due to lack of financial inclusion
This is an excerpt from a story delivered exclusively to Business Insider Intelligence Fintech Briefing subscribers. To receive the full story plus other insights each morning, click here. Unbanked consumers in the UK pay an extra £485 ($631) for everyday bills and services, according to research from banking services provider Pockit cited by BBC. Around 1.2 […]