Parametric insurance pays out when a pre-defined event occurs as measured by a specified figure, figures, or index. It has traditionally been used in agriculture and by insurance companies to cover natural catastrophes, including hurricanes, cyclones, and earthquakes (think CAT … READ MORE
COMMENTS [ ]There were at least 35 financing events resulting in more than $540 million in capital raised by Boston-area FinTech startups in 2019 — significantly more than any previous year except 2018 when Cambridge Mobile Telematics raised $500 million (all from Softbank) on … READ MORE
COMMENTS [ ]This is the second half of our interview with Kristen Tyrell, co-founder and CEO of Catch, which is building a portable benefits platform for workers who don’t receive their benefits from an employer. (Find the first half here.) Q. Can you measure … READ MORE
COMMENTS [ 0 ]In the U.S., we have long relied on employers to provide critical benefits and important pieces of the social safety net for their employees. But there are roughly 80 million Americans — people working in the gig economy, freelancers, independent … READ MORE
COMMENTS [ 0 ]Risks of a decline in economic growth, not to mention a recession, are clear. Growth in China has already slowed to its lowest pace in nearly 30 years. In the U.S., job growth unexpected stalled in February. The European Central … READ MORE
COMMENTS [ 0 ]I talk to a lot of startups and most have little idea about how journalism works (or worse, as in the case of HQ Trivia, they have terrible ideas). But positive coverage in a respected publication offers visibility and credibility … READ MORE
COMMENTS [ 0 ]Goodwin Procter advises an impressive list of FinTech startups and is one of the five most active U.S. law firms advising on FinTech deals. They have expertise in every area of FinTech, including alternative lending, payments, digital currency and blockchain … READ MORE
COMMENTS [ 0 ]The use of an umbrella to represent coverage and protection has a long history among companies in the insurance industry. Brolly was the latest, until Travelers bullied them into changing their logo. Co-founded in 2016 by Phoebe Hugh, Brolly is … READ MORE
COMMENTS [ 0 ]The vast majority of Europeans do their banking locally, earning on their savings whatever is paid by the banks in their home markets. Raisin aims to change that. Founded as SavingGlobal in 2012 and based in Berlin, Raisin is an … READ MORE
COMMENTS [ 0 ]Founded in December of 2014, Scalable Capital is a European online investment manager with 40 employees and offices in Munich and London. It has raised more than $12 million in two rounds, the most recent of which closed in April. … READ MORE
COMMENTS [ ]“If no one seems to understand, start your own revolution and cut out the middleman.”
“I’m not even sure what I want, but that’s not the point – it’s that I want it now.”
“Whenever the old gives way to the new, everybody with vested interests in the old starts crying that the world will stop. There aren’t many people with vested interests in the new.”
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.”
“All you need in this life is ignorance and confidence, and then success is sure.”
AIG — once too big to fail — to split off its Life & Retirement business. Method to be determined. https://j.mp/34v63VS
A #blockchain exit, of a sort. @CalastoneLtd, London-based fund transaction network which moved its clients onto distributed ledger technology last year, to be acquired by @OneCarlyle. https://j.mp/34z1rOg #fintech
.@GroupAdvans seeks someone fluent in English and French as #CEO of #microfinance subsidiary: https://j.mp/3moLOPQ #fintech #financialinclusion
New arrest warrants issued for founders of law firm at center of Panama Papers tax fraud. https://j.mp/2HAyRn9
Yale to require progress on diversity at managers of endowment: https://j.mp/2TiXjMa
