Lemonade added a preventative pet insurance package for younger pets amid strong premium growth—but we expect the insurtech to prioritize providing one-stop-shop insurance coverage
Among US adults, cryptocurrency owners and non-owners alike are most interested in using the digital assets to enhance the privacy or security of their online purchases.
Global crypto ETF assets tripled to $9 billion year over year—and US market players are set to boost AUM and revenues once given the regulatory green light, switching global volume growth into overdrive.
MoneyLion joins the crypto crowd and gets a shot at loyalty-building: Customers can trade in Bitcoin and Ethereum, and round up debit purchases in Bitcoin. This gives the neobank’s users more reasons to remain within its ecosystem.
The government is pushing for a sharper divide between Alipay and Ant Group’s loan business by making the latter spin off the division—which includes short-term loan product Jiebei and virtual credit card Huabei—into a standalone app.
Akoya adds TD Bank to its data-sharing system: Bringing another of its investors onto its financial data network will help the open-banking provider in the competition to become a de facto dominant standard in the US.
The banking giant’s plan to roll up its marketing and digital teams amid the departure of its chief marketing officer is consistent with how its digital head and his peers view these evolving functions.
Better.com acquired UK fintech Property Partners, which lets users buy shares in property portfolios, to enhance its value proposition ahead of its SPAC by tapping into the next homebuying innovation.
The BNPL provider delivered triple-digit growth in gross merchandise volume and active merchants, with CEO Max Levchin highlighting some of the key factors that contributed to growth, like Affirm’s expanded Shopify partnership.
BofA picks lead digital banking exec as tech chief: Naming Aditya Bhasin—who led its online and mobile banking channels—to its top technology post bodes well for the bank, building on tech successes spanning digital usage to patents.