Financial Services

In submitting its IPO plans, TypTap joins a wealth of fellow insurtechs also going public during another banner year for insurance IPOs.

The number of Medicare Advantage plans offering social health-focused benefits increased three-fold over the past year, but their members aren’t using them—we explore how tech from SDOH startups like Papa can boost uptake.

The card network enabled support for WEX Pay Cards, and its cardholders can now make instant transfers from Apple Cash—two moves that can help the issuer capitalize on rising retail spending as legislators mull new fee restrictions.

BofA’s Life Plan hits company adoption record: The bank’s digital personal finance tool has passed 4.4 million users since its October 2020 launch. This success points to strong customer demand for such products—and BofA can kick it up another notch by adding app features like outside subscription cancellation.

Greenwood’s content arm pushes financial empowerment to pull in customers: The US neobank, which caters to Black and Latino communities, unveiled a studio arm that could help build anticipation for its 2022 launch. Its financial literacy programming could also help Greenwood stand out from similar neobanks.

Allegations of greenwashing threaten to derail the rapid growth of ESG investing strategies, but AI-powered fintech data solutions have the power to allay fears.

Mexican corporate card provider Clara has neobanking potential: The fintech’s new payment solution gives businesses access to its credit line and lets them schedule as many as 100 payments at once. It’s another building block that Clara could use to become a neobank.

Santander says cashflow app will help UK SMBs’ pandemic recovery: The bank’s app, in partnership with fintech Tomato Pay, lets small and medium-sized businesses (SMBs) view activities from all of their accounts in one spot and settle payments instantly.

Hippo’s public debut continues the SPAC frenzy, with many similar deals likely to follow in the next few years. But will all these SPAC companies be able to find lucrative acquisition targets?

It’s Citibank vs. Afterpay (and Square) in a Rumble Down Under: The bank’s launch of a BNPL product in Australia sets up Citibank against Afterpay, whose pending merger with Square gives the combined company potential as an Australian SMB-focused neobank.