Vehicle Startup Arrival Gets $118m Investment from BlackRock

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United Kingdom-based electric vehicle startup company Arrival gets the support of its latest investor, United States funds manager BlackRock Inc., with a $118 million...

Swiss Re Inks Deal with Daimler to Expand Auto Insurance

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Daimler Insurance Services formed a strategic partnership with reinsurer Swiss Re to offer automotive insurance services to calculate risk. Two companies form Movinx, Berlin-based mobility...

Study: Aggregate Billionaire Fortunes Peaks at $10.2T

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A study by the Union Bank of Switzerland (UBS) and PricewaterhouseCoopers (PwC) revealed that the total wealth owned by the world’s billionaires has spiked...

Petal Unveils New Card Offering for Non-Prime Credit Holders

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United States-based financial technology startup company Petal released a new product offering called Petal 1 “No Annual Fee” Visa Credit Card last October 1,...

US Begins Pandemic Loan Forgiveness for Small Businesses

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The United States government, which decided to forgive pandemic loan under the Paycheck Protection Program (PPP), has started to waive payments, said Reuters. This...

Razer Fintech Launches Virtual Credit Card for SG Millennials

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The financial technology company, Razer, announced the launch of its Razer Card for millennials in Singapore on Tuesday, October 6, 2020. The fintech arm...