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Fintech Focus Roundup For November 28, 2020
Friday, November 27, 2020 - 7:21pm | 1747Read More...Metromile To Go Public Via SPAC, Expand Licensing What Happened: In partnership with INSU Acquisition Corp. II, a SPAC sponsored by the insurance-focused Cohen & Company Inc., insurtech Metromile announced it will become a publicly listed company that would trade on the Nasdaq exchange under...
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The Next Big Thing: Insurtech Metromile To Go Public Via SPAC, Expand Licensing Business
Friday, November 27, 2020 - 10:35am | 675Read More...Metromile, an insurance-focused fintech powered by data science and machine learning, on Tuesday, formally announced its intent to go public. As part of the development, Benzinga chatted with Metromile communications director Rick Chen. About Metromile: Founded in 2011, Metromile caters to non-...
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Fintech Focus For November 25, 2020
Tuesday, November 24, 2020 - 6:03pm | 1610Read More...Quote To Start The Day: Winning isn't everything, but wanting to win is. Source: Vince Lombardi One Big Thing In Fintech: UBS said that investors will benefit from buying fintech, healthtech, greentech, and 5G stocks as these 4 sectors will disrupt the technology industry and become the...
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Mark Cuban, Chamath Palihapitiya Back Metromile Ahead Of SPAC Deal
Tuesday, November 24, 2020 - 2:48pm | 614Read More...A pay per mile insurance company hoping to disrupt the highly fragmented market is going public via a SPAC deal. The SPAC Deal: Metromile is going public vis SPAC INSU Acquisition Corp II (NASDAQ: INAQ). The enterprise value given the to the company is $956 million. The $160 million PIPE is led by...
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Fintech Focus Roundup For October 17, 2020
Saturday, October 17, 2020 - 9:42am | 3676Read More...Meet Q.ai, The App That's Disrupting Hedge Funds The Nitty-Gritty: Though trading apps like Robinhood democratize financial markets, they don’t allow investors the tools to properly manage investments. That’s according to Stephen Mathai-Davis, a former institutional investment...
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Fintech Focus For October 16, 2020
Thursday, October 15, 2020 - 6:42pm | 2217Read More...Quote Of The Day: Cowboy innovation is worse than no innovation at all. - Alan Konevsky Fintech Movers: The shift toward touchless payments is dramatic, with 8x more earnings calls mentions vs. last year. - CB Insights Metromile eyes insurance transparency. Intel bought digital currency for 5...
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Metromile Increases Auto-Insurance Pricing Transparency With New Technology
Thursday, October 15, 2020 - 2:05pm | 397Read More...Metromile, an insurance-focused fintech powered by data science and machine learning, on Wednesday announced the launch of Ride Along, a tool to increase rate transparency for drivers. What Happened: Founded in 2011, Metromile leverages big data and intelligent systems to adjust auto insurance...
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Fintech Focus For September 7, 2020
Sunday, September 6, 2020 - 4:51pm | 2051Read More...Quote Of The Day: Two armies that fight each other is like one large army that commits suicide. - Henri Barbusse Fintech Movers: The European fintech scene has experienced tremendous growth over the last few years. One of the key drivers of this growth is open banking. This is causing financial...
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Fintech Focus Roundup For September 5, 2020
Friday, September 4, 2020 - 9:28pm | 960Read More...Metromile, Ford Motor Change Car Ownership What's The Problem: Today, fewer consumers fit the traditional profile of car owners. Instead, among other things, many use ride-share services such as Uber Technologies Inc (NYSE: UBER) and Lyft Inc (NASDAQ: LYFT). The problem with these evolving...
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Metromile, Ford Motor Change The Way Consumers Look At Car Ownership
Friday, September 4, 2020 - 7:45am | 736Read More...Metromile, an insurance-focused fintech powered by data science and machine learning, on Thursday announced it partnered with Ford Motor Company (NYSE: F), to provide vehicle owners with built-in, intelligent car insurance. As part of the development, Benzinga chatted with Metromile CTO...
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5 San Francisco Insurtechs To Keep An Eye On
Wednesday, July 8, 2020 - 5:45pm | 390Read More...The annual Benzinga Global Fintech Awards, a day of dealmaking, networking and recognition in the financial technology space, will take place on Nov. 10, 2020. In recognition of those disruptive innovators creating positive and diverse change within the financial services space, Benzinga is...
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5 Cool Startup Technologies For Your Car
Friday, October 3, 2014 - 12:36pm | 957Read More...Technology is about to change the way consumers drive. From in-car connectivity to automobiles that drive themselves, the auto industry is constantly evolving. "We can make your driving smarter, safer, greener, more affordable [and] more social," Jamyn Edis, founder and CEO of Dash...
