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Plaid Technologies Scores $44M Off Goldman Sachs-Led Round

PYMNTS

The week is getting off on just the right foot for the folks over at Plaid Technologies, who are announcing $44 million in new funding. Plaid Technologies announced Monday (June 20) that it had secured $44 million in funding courtesy of a round led by Goldman Sachs Investment Partners.

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Tech Center: Dubai Takes A Front Row Seat To FinTech Growth

PYMNTS

The city is able to attract investors due to its low logistical and operational costs and excellent infrastructure, international outlook and liberal government policies. As of 2012, Dubai was the 22nd most expensive city in the world and the most expensive city in the Middle East. 2016, the inflation rate was 0.12

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Fenergo Brings its Client Lifecycle Management Innovations to ABN AMRO

Fintech Labs Insights

. “A core part of our business transformation program will involve creating an internal, centralized KYC target operating model that will help us to simultaneously improve the client experience and reduce the cost impact of the regulator KYC activities,” Erftemeijer said.

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Blackhawk Network Acquires Grass Roots for $118 Million

Fintech Labs Insights

While the company has commercial operations in 25+ countries, this acquisition will expand the Blackhawk’s geographical reach. based Grass Roots has offices in Europe, the Americas, and Asia and will operate as a subsidiary of Blackhawk.

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Analyzing The Private Market Investment Strategies of P&C Insurers

CB Insights

The same group completed fewer than 25 investments in aggregate between 2012 and 2014. Here are a few takeaways from analyzing the graph below, which encompasses over 125 deals: Of the 12 P&C insurers analyzed, Ping An and AXA have been the most active since 2012. Number of investments (since 2012): 2. Allianz Ventures.

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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. PayPal (PYPL).

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Analyzing The Private Market Investment Strategies of P&C Insurers

CB Insights

The same group completed 20 investments in aggregate between 2012 and 2014. Here are a few takeaways from analyzing the graph below, which encompasses over 125 deals: Of the 12 P&C insurers analyzed, Ping An, AmFam, and USAA have been the most active since 2012. Number of investments (since 2012): 3.