Root Insurance Announces Move to Expand in California

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Auto insurance unicorn Root Insurance announced its plan to expand to California as part of its initiative to become one of the major insurance...

Klarna becomes Europe’s biggest fintech firm with a $5.5 billion valuation

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Swedish online financial firm Klarna has become the largest private fintech firm in Europe after raising a total of $460 million from investors who...

Walgreens to Close 200 Stores Starting Fall

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Pharmacy store chain Walgreens is planning to close its more than 200 stores in the United States as part of its initiative to cut...

Shinhan To Offer P2P Lending Using Blockchain Tech

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South Korean firm Shinhan Financial Investment is set to release a peer-to-peer (P2P) lending service utilizing blockchain technology. CoinDesk said that this new service...

Apple Deploys Virtual Credit Card to Some Interested Users

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Apple Inc. has begun the initial distribution of its virtual credit card to users who have previously signed up to be notified about the...

Singapore Life to Enter Philippine Insurance Market

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Early-stage insurance company Singapore Life is slated to debut in the Philippine market next year. Inquirer reported the Singaporean insurer is expecting to get...