Latest Allianz News: Finextra Research

Argentinian fintech Ualá hits $2.75bn valuation on $300m funding round

The VC arm of insurance giant Allianz has led a $300 million Series E funding round for Ualá which values the Argentinian mobile banking player at $2.75 billion.

11 November 2024

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Allianz looks to offload N26 stake at discount - FT

German insurance giant Allianz is looking to sell its five per cent stake in digital bank N26 at a sharp discount, according to the Financial Times.

19 April 2023

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WeLab moves into WealthTech space on Allianz investment

Hong Kong fintech WeLab is to expand into the wealth management market after securing a $75 million funding round led by the venture arm of German conglomerate Allianz X.

08 March 2021

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Linux Foundation targets climate risk with open source platform

The Linux Foundation has announced plans to user AI-enhanced open source analytics and open data to tackle climate risk and opportunity.

01 September 2020

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Wealthsimple raises C$100m

Toronto-based online investment manager and trading app Wealthsimple has raised C$100 million in a funding round led by German giant Allianz.

24 May 2019

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Allianz X raises digital investment fund to EUR1 billion

Allianz X, the digital investment unit of German insurance and asset management giant Allianz, is taking a big bet on the tech-driven future of finance, increasing its fund size to a whopping EUR1 billion.

20 February 2019

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Deutsche Bank, Allianz and Auto1 create car financing platform

Deutsche Bank has teamed up with Allianz and used car marketplace Auto1 to set up a new firm offering financing and insurance to vehicle dealerships.

19 June 2018

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Digital wealth manager Moneyfarm raises £40 million

Digital wealth manager Moneyfarm has tapped existing investor Allianz Asset Management and a combination of VC and private equity funding to raise £40 million in a Series B financing round, advancing its ambitions to enter the personal financial management arena.

29 May 2018

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Singapore's MAS preps guidelines for ethical use of AI and data analytics

The Monetary Authority of Singapore (MAS) has brought together industry players to work on guidelines for the "responsible and ethical" use of AI and data analytics in the financial services sector.

04 April 2018

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RBS and Allianz join C$45m funding round for quantum computing startup 1QBit

A host of financial services firms, including the Royal Bank of Scotland, have joined a C$45 million Series B funding round for Vancouver-based quantum computing startup 1QBit Information Technologies.

30 November 2017

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