Bermudian-based Meanwhile, the first and only life insurer with premiums in crypto currency, has launched with approximately $19 million in financing across two seed rounds.
The first was co-led by Sa.
Banks are recovering from the pandemic in time for a likely recession. Many find that collaborating with their former rivals, fintechs, is the best route to profitability. Consumers are more receptive to digital banking, and innovations such as embedded finance provide them with the super-apps they crave while generating income for banks.