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25 results for "Insurance"

Deals 20

PolicyStreet Raises $21M Series C for Embedded Insurance Expansion in Asia

Malaysian InsurTech PolicyStreet secured $21 million in the first close of its Series C round to scale its embedded insurance platform across Asia. The round was led by Cool Japan Fund with participation from Altara Ventures, Gobi Partners, and others. The funding will accelerate PolicyStreet's B2B2C embedded insurance distribution model.

Apr 1, 2026

Ualá Raises $195M to Scale Embedded Insurance Across Latin America

Argentine neobank Ualá closed a $195 million equity financing round led by Allianz X, reaching a $3.2 billion post-money valuation. The funds will support Latin America expansion and embedded insurance scaling. This positions Ualá as a major embedded finance player in the LATAM region.

Apr 1, 2026

Securian Financial Launches FlexTech Embedded Insurance Platform

Securian Financial launched FlexTech, an embedded insurance platform, on March 25, 2026. FlexTech enables non-insurance companies to integrate protection products into their digital experiences. The launch extends the embedded finance model into the insurance vertical, broadening the BaaS ecosystem.

Mar 25, 2026

Ayoconnect Raises Funding to Scale Financial APIs Across Indonesia

Jakarta-based fintech enabler Ayoconnect secured an undisclosed funding round led by Finch Capital. The company provides financial APIs to Indonesian enterprises, powering embedded finance integrations. Funds will be used to push toward profitability while scaling its API infrastructure.

Sep 26, 2025

Circle, Ripple, Wise, and Erebor File OCC Bank Charter Applications

Circle, Ripple, Wise, and Erebor Bank submitted federal national bank or trust charter applications to the OCC. Trust charters limit activities to non-deposit and non-lending functions, while Erebor seeks a full-service charter with FDIC insurance. The filings reflect growing fintech demand for direct banking authority.

Jul 3, 2025

FDIC Signals Openness to Fintech Charter Applications Under Acting Chair Hill

The FDIC under Acting Chairman Travis Hill highlighted policy priorities in April 2025 that signal greater openness to fintech banking applications, including industrial bank charters and crypto-related activities. This shift could accelerate the path for fintechs seeking deposit insurance and banking licenses. The announcement is part of a broader deregulatory trend affecting the BaaS and embedded finance landscape.

Apr 17, 2025

FintechOS Launches Evolv AI-Driven Platform for Banks and Insurers

FintechOS launched Evolv, an AI-driven platform update designed to help banks and insurers accelerate digital transformation. The platform features AI automation, personalized customer experiences, and secure AI interactions. It aims to enable financial institutions to modernize their product offerings and customer engagement.

Feb 19, 2025

FintechOS Secures $60M Series B+ for Global Financial Platform Expansion

FintechOS, a financial product management and digital infrastructure platform, raised $60 million in a Series B+ round led by Molten Ventures, Cipio Partners, and BlackRock. The funding will support global expansion and core banking systems modernization, reinforcing the platform's role in enabling embedded finance capabilities for banks and insurers.

May 30, 2024

HKMA Launches FiNETech Platform for Banks and Insurers to Adopt Fintech

The Hong Kong Monetary Authority launched FiNETech, a collaborative platform connecting approximately 100 banks, insurers, and technology firms to facilitate fintech adoption. The platform covers Wealthtech, Insurtech, Greentech, AI, and DLT, and includes access to the Fintech Supervisory Sandbox. This initiative formalizes a regulator-led framework for bank-fintech collaboration in Hong Kong.

Apr 26, 2024

Synapse Files for Bankruptcy; TabaPay Plans Distressed Asset Acquisition

BaaS middleware provider Synapse filed for bankruptcy in April 2024 amid regulatory disputes, deposit insurance misrepresentations, and fund access problems for end users. TabaPay announced plans to acquire Synapse's assets and affiliates in a distressed deal. The collapse highlighted systemic risks in third-party BaaS oversight and followed similar exits by middleware platforms Rize, Apto Payments, and Bond.

Apr 1, 2024

Neonomics and Bislab Partner on Embedded Finance for Financial Institutions

Neonomics and Bislab announced a partnership to develop embedded finance solutions for financial institutions and insurance companies. The collaboration combines Neonomics' open banking infrastructure with Bislab's industry expertise. The partnership targets the European financial services and insurance markets.

Mar 5, 2024

Treasury Prime, FirstBank, and High Circle Launch High-Yield BaaS Checking Accounts

Treasury Prime partnered with FirstBank and High Circle to launch a suite of high-yield commercial checking accounts as an embedded banking program. The accounts target high-net-worth individuals and businesses, offering up to $125M in FDIC insurance via the Intrafi network. Treasury Prime provides the BaaS software layer integrating the fintech and bank partners.

Jan 16, 2024

FintechOS Launches Version 24 Platform for Banks and Embedded Finance

FintechOS released its version 24 platform update designed to help banks and insurers manage financial products, enable ecosystem partnerships, and pursue embedded finance models. The update features open APIs and integrations that facilitate BaaS and embedded offerings. It positions FintechOS as an enablement layer for traditional financial institutions seeking fintech partnerships.

Dec 7, 2023

Mastercard and Neem Launch First Embedded Finance Partnership in Pakistan

Mastercard and Neem announced a multi-year embedded finance partnership, the first of its kind in Pakistan. The collaboration integrates Mastercard's technology for card issuance, remittances, and loyalty programs into Neem's platform. It targets underserved communities by enabling non-financial businesses to embed payments, lending, and insurance via APIs.

Dec 4, 2023

HKMA Advances Open API and Fintech Promotion Roadmap at FinTech Week 2023

The Hong Kong Monetary Authority announced expanded Open API initiatives during FinTech Week, including centralized datasets on bank branches and ATMs from 20 retail banks. HKMA also unveiled a Fintech Promotion Roadmap covering Wealthtech, Insurtech, AI, and DLT. These moves standardize banking APIs via the Hong Kong Association of Banks to support third-party innovation.

Nov 2, 2023

Finology Closes Pre-Series A to Scale Embedded Finance APIs in APAC

Finology, an APAC embedded finance provider, completed a pre-Series A round led by Silverlake Group with participation from The Hive Southeast Asia and MTDC. The funding will scale its API-powered lending and insurance products targeting underbanked populations. The amount was undisclosed.

Sep 26, 2023

Routefusion Partners with Evolve Bank & Trust for BaaS Capabilities

Routefusion announced a partnership with Evolve Bank & Trust to offer US-based accounts, ACH processing, virtual USD accounts, and FDIC insurance to fintechs and marketplaces. Evolve Bank & Trust already powers notable fintechs like Mercury and Rho. The partnership expands Routefusion's embedded finance infrastructure for its clients.

Jul 1, 2023

Mastercard and Fabrick Partner to Accelerate Embedded Finance Across Europe

Mastercard and Fabrick signed a strategic partnership to accelerate embedded finance adoption across Europe. The collaboration enables companies to integrate payments, banking, and insurance into their products via APIs. Fabrick's platform already connected over 400 counterparties generating more than 330 million API calls monthly.

May 1, 2023

CSI Facilitates BaaS Partnership Between ECHO Health and Anchor Bank

CSI announced a BaaS sponsor bank partnership connecting fintech ECHO Health with Anchor Bank. Using CSI's open API platform, ECHO Health leverages Anchor Bank as its sponsor bank to streamline insurance claim disbursements, virtual card payments, and healthcare savings accounts. The partnership demonstrates how middleware providers are enabling community banks to participate in embedded finance.

Feb 8, 2023

Synapse Partners with American Bank for BaaS Sponsor Banking Services

Synapse Financial Technologies announced a partnership with American Bank of Le Mars, Iowa, as a new sponsor bank. American Bank will provide FDIC deposit insurance, payment processing, and card issuance through Synapse's modular banking infrastructure. The partnership supports Synapse's platform serving over 15 million end users across fintech companies.

Oct 20, 2022

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