CoverGo helps American insurance firms in digitization

CoverGo, Asia’s no-code insurance technology leader, is expanding to the USA, Canada, and Latin America to help insurance companies digitize to remain agile and relevant in this high-tech era. CoverGo offers a no-code platform for insurance firms to streamline their ecosystem from building products to managing claims. Since January 2021, the company’s subscription revenue has risen by over 400%. To accelerate its international expansion, CoverGo has appointed DP88 as its strategic advisor. The partnership has helped CoverGo secure initial funding for expansion, market insights...

Lithic Launches Partner Program To Help Customers

Card issuing API platform Lithic announced today a new Integration Partner Program to help customers bring card products to market faster and easier. Through this integration, fintech companies building a range of card products can use Lithic as a modular, flexible card issuing API alongside a range of best-in-class products that solve adjacent needs, like holding digital wallet balances, crypto/fiat conversion, or integration with lending systems of record. Lithic’s launch partners include payments API platform Wyre, which powers crypto-to-fiat...

Fintech Companies Bring Innovative Thinking to 2021 FIS Accelerator

The FIS Fintech Accelerator is a key aspect of FIS’ multi-faceted investment program that discovers and nurtures innovative technologies to advance the way the world pays, banks and invests. Long Game named “Audience Choice” for its financial wellness solution, and Tax Status won the “Collins Andrews III Most Valuable Participant” award for its authentication/lending solution. State of Arkansas and FIS announce extension of program for 2022. Hundreds of investors, bankers, fintech decision-makers and community leaders...

New Digital Payments: Opportunities and Chargeback Risks Survey

Study Shows Majority of Companies Think Their Chargeback Rate Has Increased in the Past Year, and 7 in 10 Have Been in a Fraud Monitoring Program in the Last 12 Months Kount, an Equifax Company, the leader in digital identity trust and fraud prevention, has published the first of its kind “Digital Payments in 2021: Opportunities and Chargeback Risks” survey. The survey takes a deep dive into 2021 chargeback trends and risks across customer experiences, both pre...

Harris Williams Advises Social Solutions Global

Harris Williams, a global investment bank specializing in M&A advisory services, announces it is advising Social Solutions Global (Social Solutions), a portfolio company of Vista Equity Partners (Vista), on its pending sale to Apax Partners LLP (Apax). Social Solutions is a leading cloud software provider for nonprofit and public sector social service organizations. The pending sale of Social Solutions is part of a three-company merger alongside CyberGrants and EveryAction, creating a diversified social impact software...

Insurtech Startup Spot Announces $17.5 Million in Funding

Company’s Unique Distribution Model, Via Partnerships and Direct to Consumers, Makes Injury Insurance Coverage More Affordable and Convenient for Tens of Thousands of Customers, Including Pro Athletes Spot, the tech startup modernizing insurance by providing digital, on-demand injury insurance to tens of thousands of customers, today announced it has raised $17.5 million in funding, including $15 million in equity and $2.5 million in debt. The round was led by GreatPoint Ventures, with participation from Montage...

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