Petal closes $35 million funding round using cash flow underwriting technology to improve access to credit
Petal, a US-based finance startup, recently announced the closing of a US$35 million funding round. The round was led by Valar Venture, with participation from Story Ventures, Core Innovation Capital, RiverPark Ventures and others.
Information link:
https://36kr.com/p/2253169948569220
Comment: Petal offers customers a "modern" Visa credit card and a mobile app that helps people build credit and manage their finances.
Indian AI supply chain platform Pando raises $30 million in Series B funding
Pando, an AI-powered supply chain platform, recently announced the closing of a $30 million Series B round of funding led by Iron Pillar and Uncorrelated Ventures and followed by existing investors Nexus Venture Partners, Chiratae Ventures and Next47.
Information link:
http://www.ocn.com.cn/touzi/202305/navhu10085815.shtml
Comment: Pando aims to meet the logistics management needs of companies by integrating supply chain data from multiple sources including customers, suppliers, logistics service providers, infrastructure and product SKUs.
Optery secures $2.7 million in funding as it pushes to modernise and scale personal information protection
May 8, 2023 - Optery, a San Francisco-based personal information platform, announced the closing of a $2.7 million seed funding round, bringing its total funding to $6 million. The round was led by Bayhouse Capital and followed by Global Founders Capital, Goodwater Capital, Pioneer Fund, Soma Capital, TRAC, Y Combinator and others.
Information link:
https://finance.stockstar.com/IG2023051000012635.shtml#:~:text
Comment: In recent years, the proliferation of organizations conducting data brokering activities has led to a proliferation of phishing, identity theft, information harassment and other disruptions in various countries. In 2022 alone, the FBI Cybercrime Complaint Center received 800,944 complaints, resulting in a total loss of $10.3 billion.
Open banking platform Tarabut Gateway raises $32 million in funding with Visa participation
Open banking platform Tarabut Gateway recently announced a $32 million Series A funding round with participation from Visa, Tiger Global and local Saudi investors Pinnacle Capital and Aljazira Capital.
Information link:
https://www.mpaypass.com.cn/news/202305/08153519.html
Comment:The Saudi Central Bank (SAMA) has named Tarabut Gateway as one of the first participants in its regulatory sandbox.
Swiss Re and insurtech Benekiva partner on life and health insurance
Swiss Re has entered into a strategic partnership with insurtech Benekiva to provide consumers with an end-to-end digital claims management solution.
Information link:
https://www.the-digital-insurer.com/zh-CN/aggregator/swiss-re-partners-with-insurtech-benekiva-on-digital-claims-management/
Comment: Policyholders are able to log on to the platform at any time using any device to access convenient services. The solution is both flexible and scalable, with insurers able to choose the right version for their core systems.
Real estate insurance technology Obie partners with Atlas
Obie, a real estate insurance technology, has partnered with Atlas Real Estate, a real estate brokerage firm, to provide Atlas' investor clients with a convenient process for consuming insurance. atlas clients will not only have access to insurance services, but will also be able to manage their investment risk, helping to maximise their return on investment and achieve their investment goals.
Information link:
https://www.the-digital-insurer.com/zh-CN/aggregator/obie-partners-with-atlas-real-estate/
Comments: Atlas is a full-service real estate brokerage currently offering a variety of services in eight states. obie is an insurtech company that provides efficient insurance solutions for real estate companies and aims to provide a seamless customer experience.
Clearcover and Experian, an online car insurance comparison service, partner to launch embedded insurance products
Clearcover, a digital car insurance technology company, has partnered with Experian, an online car insurance comparison service, to provide consumers with the ultimate policy price through an embedded insurance solution.
Information link:
https://www.insurancejournal.com/news/national/2023/04/27/718170.htm
Comment: The partnership is in line with Clearcover's growth strategy to build on its channel distribution capabilities and complements Experian's current consumer-focused product line.
Entertainment group Sky Group launches smart home insurance package
Pet insurance technology Kanguro, which claims to be the only insurtech company to offer a fully digital end-to-end consumer experience and to be available in both Spanish and English, has officially launched its pet health insurance product.
Information link:
https://www.163.com/dy/article/I3TEB76O05119UAT.html
Comment: Kanguro Insurance's pet insurance product is highly personalised and has similar coverage to human health insurance, with policyholders paying a monthly premium for veterinary visits, diagnostic tests, surgical treatments and medication.
Ant Group injects US$188 million into Singapore digital bank Anext Bank
According to information obtained by VentureCap Insights from Singapore's regulator, Ant Group has invested an additional US$188 million in Singapore's digital bank, Anext Bank (Starlight Digital Bank).
Information link:
https://www.sgstarting.com/archives/19600
Bank of Canada launches public consultation on features related to the digital Canadian dollar
On May 8, 2023, the Bank of Canada announced the launch of an online public consultation on the functions, security features, and usage that may be included in the digital Canadian dollar, with a deadline of June 19, 2023. As the global digitalization process accelerates, the Bank of Canada joins other central banks in exploring a digital version of Canada's national currency.
Information link:
https://www.mpaypass.com.cn/news/202305/09104900.html
Zimbabwe's central bank launches gold-backed digital currency
On 8 May 2023 local time, the Central Bank of Zimbabwe announced the launch of a digital token backed by gold, with the goal of expanding the tools available in the economy to preserve value, increasing investment vehicles and making the currency market more accessible to the public. The Reserve Bank of Zimbabwe (RBZ) said the digital token would be redeemed in the same way as existing gold and sold through banks in both local and foreign currency.
Information link:
https://new.qq.com/rain/a/20230509A0391B00
Regulators, financial institutions join hands to continuously optimise private enterprise financing supply
The People's Bank of China (PBOC) Shanghai headquarters and the city's Federation of Industry and Commerce (FIC) have established a regular working mechanism to launch a service month for financial support to the private economy, promoting banks to innovate products and improve services in line with the financing needs of private enterprises. Sun Hui, deputy director of the People's Bank of China Shanghai headquarters, pointed out that the continuous promotion of financial services to build the capacity of private micro and small enterprises, and the construction of a long-term mechanism that dares to lend, is willing to lend, can lend and will lend, has further optimized the financing environment for private enterprises.
Information link:
http://finance.jrj.com.cn/2023/05/13101837550185.shtml
EU proposes new method for calculating carbon footprint of PV modules
Researchers have developed a new method to quantify the carbon footprint of PV modules, which will be applied in regulatory environments such as the EU Ecodesign Directive, according to the report Assessing the Carbon Footprint of PV Modules through the EU Ecodesign Directive published by the European Commission.
Information link:
http://www.tanpaifang.com/tanzuji/2023/0511/96840.html
Postbank launches the first "Carbon Emission Reduction Support Tool + Sustainability Linkage + Digital RMB Loan" scenario in China
Recently, with the support of the Nanning Central Sub-Branch of the People's Bank of China, Guangxi Branch of China Postal Savings Bank has launched the first "Carbon Emission Reduction Support Tool + Sustainability Linkage + Digital RMB Loan" scenario in Nanning, Guangxi.
Information link:
http://city.ce.cn/news/202305/12/t20230512_7362033.shtml
China achieves first online spot trading of liquid carbon dioxide
Recently 1,000 tonnes of liquid carbon dioxide from Daqing Oilfield was sold at a premium of RMB 210 per tonne after three rounds of bidding on the Dalian Petroleum Exchange.
Information link:
https://www.jiemian.com/article/9361110.html
World's first green shield machine successfully rolled out at China Railway Equipment
On May 9, the 2023 China Smart Brand Forum, hosted by the Publicity Bureau of the State-owned Assets Supervision and Administration Commission of the State Council and China Railway Engineering Group Corporation, and organized by the Press Center of the State-owned Assets Supervision and Administration Commission of the State Council and China Railway Corporation, was successfully held at China Railway Equipment Group in Zhengzhou, Henan Province.
Information link:
http://www.sasac.gov.cn/n2588025/n2588124/c27886772/content.html
MAS launches new digital platform to help financial institutions share information on suspicious transactions
On 9 May 2023, Singapore's Minister for Works and Parliamentary Secretary for Culture, Community and Youth, Tan Seng Hwee, announced in Parliament that the Monetary Authority of Singapore (MAS) plans to launch a digital platform in phases from the second half of 2024 to allow financial institutions to share information on suspicious and illegal transactions with each other and collaborate in the fight against financial crime.
Information link:
https://www.weiyangx.com/category/express
Cryptocurrency trading platform Coinbase sets up global advisory board, plans to recruit bipartisan officials with regulatory backgrounds
Cryptocurrency trading platform Coinbase has announced the creation of a global advisory board to strengthen its relationships with strategic stakeholders around the world.
Information link:
https://www.jiemian.com/article/9395435.html
OpenAI CEO to testify before US Congress for the first time, speaks to Senate panel on AI regulation
OpenAI CEO Sam Altman will testify before the US Congress for the first time next week, speaking to the Senate subcommittee charged with regulating the development of artificial intelligence.
Information link:
https://www.jiemian.com/article/9378059.html
Categorised registration of debt investment plans to speed up registration of 'high scoring' managers
The China Insurance Asset Management Association (CIAA) has recently issued the "Mechanism for Establishing the Classification and Registration of Debt Investment Plans" to insurance asset management companies, which will classify and register debt investment plans according to the regulatory rating results and product classification.
Information link:
https://www.cls.cn/detail/1348894
Ireland seeks to set up sovereign wealth fund to use bumper surpluses for infrastructure and debt reduction plans
Ireland's Finance Minister Michael McGrath will submit proposals for a sovereign wealth fund as the Irish government seeks to use its bumper surpluses for infrastructure and debt reduction programmes.
Information link:
https://www.jiemian.com/article/9371104.html
Goldman Sachs report: 62% of family offices surveyed not interested in crypto assets
A new Goldman Sachs survey reports that more family offices say they are not interested in the crypto asset class than they were two years ago. The survey was conducted in January and February and collected responses from 166 family offices around the world.
Information link:
https://www.8btc.com/article/6817138
China's "China Special Valuation" concept continues to gain momentum with the upcoming launch of a central enterprise ETF fund
"On May 9, three fund companies, namely Guangfa, China Merchants and Huitianfu, announced that their China Securities New Central Enterprises Shareholder Return ETFs will be officially launched from May 15 to 19.
Information link:
https://www.21jingji.com/article/20230512/herald/2c45fe0becfdc5122374e2b73db0a515.html
Women's Investment and Financial Management Survey" report released, institutions suggest early start of retirement investment
Fidelity International has released its 2023 Women's Investment and Financial Management Survey, which focuses on the financial situation of Chinese residents after retirement and the overall happiness of the silver-haired population.
Information link:
https://news.cnstock.com/news,bwkx-202305-5060228.htm
25 companies selected for KB Financial Group's start-up support programme in Korea
On 11 May 2023, KB Financial Group announced that a total of 25 companies have been selected for the new phase of its KB Starters start-up support programme. supported so far.
Information link:
https://finance.stockstar.com/IG2023051200007709.shtml
Australian Securities and Investments Commission releases 'greenwashing' governance report
On 10 May 2023, the Australian Securities and Investments Commission (ASIC) released a short report on the 35 interventions it has undertaken in response to its 'greenwashing' surveillance activities between 1 July 2022 and 31 March 2023.
Information link:
https://www.weiyangx.com/424107.html
European Parliament: launching the digital euro now would do more harm than good
Although the final decision on the digital euro has not yet been made, the European Central Bank has been actively investigating the options and plans to bring it to fruition as early as 2026.
Information link:
https://www.mpaypass.com.cn/news/202305/10141821.html
ChatGPT's portfolio 'outperforms' mainstream UK funds
ChatGPT, an artificial intelligence chatbot, is clearly outperforming some investment funds when it comes to picking stock bids, according to the latest results from a finder.com experiment. Eight weeks ago, the personal finance comparison website created a portfolio of stocks based on 38 stocks of high-quality companies recommended by ChatGPT.
Information link:
https://finance.ifeng.com/c/8PY6xTagcgi
Disclaimer: The content is sourced from the Internet, WeChat and other public sources. We are neutral on the views expressed in this article, which is for information and communication purposes only.
Follow Us
Copyright © 2022 Beijing Think Financial Development Institute All rights reserved 京ICP备2022022408号 
京公网安备11010802039926号
