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US House Committee on Financial Services unveils new FinTech & AI...

The US House Committee on Financial Services has unveiled a new task force for financial technology and artificial intelligence.

Singapore Life takes $50m in largest Asian InsurTech round

Singapore Life has raised $50m in the largest Asian InsurTech funding round to date. The Series A investment comes from Impact Capital, a subsidiary of Credit China FinTech Holdings, as well as UK-based investor IPGL.

Chinese consortium launches $1.5bn FinTech M&A fund

A Chinese consortium of state-owned and private enterprises is launching a $1.44bn fintech investment fund dedicate to mergers and acquisitions in the space.
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