Insurance group Allianz is reportedly selling its stake in neobank N26 at a steep discount. According to a report late Tuesday (April 18) by the Financial Times, sources say Allianz’s venture capital operation Allianz X has told advisors to sell the company’s roughly 5% stake...
Digital technologies are driving innovation in trade finance, enabling faster decision-making and more streamlined processes. In the past, trade finance was bogged down by lengthy risk assessment and underwriting processes, and accessing credit could take days or weeks, especially if it was a business’s first...
Mohamed El-Erian, the Allianz chief economic advisor and former Pimco chief executive, said in a televised report that the American economy could encounter a contraction of 10 percent or greater this year because of COVID-19, CNBC reported. “I think we may be at minus 10%...
Amid millions lost in box office receipts and production costs due to the coronavirus pandemic, Hollywood studios are now aiming to collect on their insurance policies. Allianz, in one case, notes it sees a rise in claims while studios have needed to put a stop...
January 12, 2023
Digital technologies are driving innovation in trade finance, enabling faster decision-making and more streamlined processes. In the past, trade finance was bogged down by lengthy risk assessment and underwriting processes, and accessing credit could take days or weeks, especially if it was a business’s first time doing so. But as the digital toolkit deployed by […]
June 18, 2018
It stands as one of the top pain points in B2B payments, a place of uncertainty and anxiety, a spot where a late or ignored payment can fatally wound a...
April 19, 2023
Insurance group Allianz is reportedly selling its stake in neobank N26 at a steep discount. According to a report late Tuesday (April 18) by the Financial Times, sources say Allianz’s venture capital operation Allianz X has told advisors to sell the company’s roughly 5% stake in N26 at a $3 billion valuation. Both firms are […]
April 09, 2020
Amid millions lost in box office receipts and production costs due to the coronavirus pandemic, Hollywood studios are now aiming to collect on their insurance policies. Allianz, in one case,...
September 17, 2019
Emmanuel Macron, president of France, has announced that institutional investors are ready to loan $5.5 billion to assist tech startups over the next three years, the Financial Times reported Tuesday...
March 21, 2018
As it builds a retail bank from the ground up, N26 has notched $160 million in a Series C funding round led by Allianz and Tencent. For the round, Allianz invested through...
