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Analyzing The Private Market Investment Strategies of P&C Insurers

CB Insights

Stated investment focus: Enterprise software, financial technology, insurance technology, innovations in travel, health, and auto verticals. USAA began formally investing in tech startups earlier than a lot of other P&C insurers, having first invested in now-public automotive pricing company TrueCar in 2009.

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Analyzing The Private Market Investment Strategies of P&C Insurers

CB Insights

Hiscox’s investments signal that the British insurer is very interested in startups working in online small commercial distribution or enabling technologies for commercial insurance in the US. USAA has in some cases launched partnerships and pilots with its investments including Coinbase and MX Technologies.

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A Look at the First Week of Nasdaq’s Fintech Index

Fintech Labs Insights

While many of you were busy catching Pikachu last week, you may have missed that Nasdaq, in collaboration with KBW, launched an index to track financial technology. Officially named KBW Nasdaq Financial Technology Index (KFTX) , the fund tracks 49 fintech companies, including 17 Finovate and FinDEVr alums.

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Fintech Trending: P2P, EMV, NFC, NLP… OMG

Fintech Labs Insights

Expect to see much, much more activity as financial institutions and fintech companies develop applications using Amazon’s Alexa and the new Google Assistant. The annual Sibos 2016 conference in Geneva took place at the end of September – between the last Fintech Trending meeting and this one. InsurTech Rising.

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WealthForge To Raise $2.5 Million in New Convertible Note Offering

Fintech Labs Insights

Bill Robbins, who took the helm as CEO at WealthForge last December , said the funding will help WealthForge build its core business, as well as make investments in “sales, marketing, and support.” Founded in 2009 and headquartered in Richmond, Virginia, WealthForge demonstrated the WealthForge Network at FinovateSpring 2016.

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Fenergo Brings its Client Lifecycle Management Innovations to ABN AMRO

Fintech Labs Insights

Earlier this month Fenergo announced a deal to deploy its Client Lifecycle Management technology with HSBC Group. And in March, the company partnered with BBVA, Spain’s second largest bank and a widely-known, eager adopter of innovative financial technologies.

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3 Strategies Goldman Sachs can use to build a Fintech powerhouse

Lex Sokolin

There are, all of a sudden, a lot of deals being done across financial technology. That feels like a venture bet coming to fruition, or founders looking at the likely market environment for the next 10 years, and saying? Capital markets and private wealth bets come naturally to the company. Maybe not all of a sudden.