Banking
US neobank Oxygen switches focus from banking to health insurance in new strategy
Oxygen Temporarily Suspends Banking Services:Service Suspension and Account Closure:San Francisco-based digital banking platform Oxygen has "temporarily suspended" its banking services.
The company...
Banking
Pension and investment mutual Royal London appoints Peter Josse as new group COO
UK-based pension and investment mutual Royal London has appointed Peter Josse as its new Group COO.
Josse, who previously worked at Barclays for...
Banking
Beem Credit Union appoints Sue Britton as chief innovation officer
Sue Britton, CEO of Firefly Growth, appointed as Chief Innovation Officer (CIO) at Beem Credit Union
Beem Credit Union formed through the merger...
Banking
Canadian fintech Koho bags $63m funding at unchanged valuation
Funding Round: Canadian fintech Koho raises $63 million (CAD 86 million) in fresh funding.
Valuation Unchanged: The funding maintains the firm's valuation at $589 million...
Banking
Monzo hires Brolly founder Phoebe Chibuzo Hugh to lead its “charge into insurance”
UK challenger bank Monzo has hired Phoebe Chibuzo Hugh, founder and former CEO of Brolly, for its insurance industry expansion.
Hugh aims to...
AI
German insurtech Wefox secures $55m debt financing from Deutsche Bank and UniCredit
Berlin-based insurtech Wefox secures $55 million in debt financing.
Deutsche Bank and UniCredit are the key financiers.
The financing is structured as a...
AI
SaaS fintech Earnix appoints Be’eri Mart as chief product officer
Be’eri Mart, a veteran of the financial services industry, is appointed as the Chief Product Officer of Israeli fintech Earnix.
FactsBe’eri Mart, a 20-year...
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