insurance

How Salesforce Automations Can Help Make Your Insurance Provider Recession Proof

The insurance industry is one of the most stable and recession-proof industries in the world. However, with the current economic climate, it is important for insurance providers to take proactive measures to ensure that they remain competitive and profitable. One way to achieve this is by leveraging Salesforce automations.Salesforce is a cloud-based customer relationship management (CRM) platform that provides a suite of tools and services to help businesses manage their customer interactions, sales, and marketing activities. Salesforce automations are a set of features that allow businesses to automate their sales

PhonePe Raises US$750M in Ongoing US$1B Fundraising Effort

PhonePe, the digital payments platform owned by Walmart, has raised US$750 million in its ongoing fundraising effort to raise US$1 billion. The latest funding round was led by Walmart and included participation from several existing investors, including Tencent, Singapore's sovereign wealth fund GIC, and others.The funds raised will be used to expand PhonePe's operations and develop new products and services. The company plans to use the funds to expand its merchant network, invest in technology and infrastructure, and hire new talent.PhonePe has been growing rapidly in India's digital payments market,

“Gravie and Character.ai Secure Significant Funding in the Top 10 Funding Rounds of the Week for Benefit and Character Development Startups”

Gravie and Character.ai are two startups that have recently secured significant funding in the top 10 funding rounds of the week for benefit and character development startups. These two companies are making waves in their respective industries and are poised for growth in the coming years.Gravie is a healthcare technology company that is focused on helping employers and employees navigate the complex world of healthcare benefits. The company recently raised $28 million in a funding round led by AXA Venture Partners. Gravie's platform allows employers to offer a range of

A Comprehensive List of European Startup Funding Rounds for the Week of March 20-24: A Weekly Round-up

The European startup ecosystem is thriving, with new companies emerging every week. However, starting a business can be challenging, especially when it comes to securing funding. Fortunately, there are many investors and venture capitalists who are willing to invest in promising startups. To help entrepreneurs stay up-to-date on the latest funding rounds, we have compiled a comprehensive list of European startup funding rounds for the week of March 20-24.1. Manna raises €5 million in seed fundingManna, an Irish drone delivery company, has raised €5 million in seed funding. The funding

US Officials Discuss the Possibility of Increasing Deposit Insurance Coverage

In the wake of the 2008 financial crisis, US officials are discussing the possibility of increasing deposit insurance coverage. Deposit insurance is a type of insurance that protects depositors in case their bank fails. Currently, the Federal Deposit Insurance Corporation (FDIC) provides deposit insurance coverage up to $250,000 per depositor, per insured bank.The idea of increasing deposit insurance coverage has gained traction in recent years, as many people are still wary of the banking system after the financial crisis. The FDIC has been advocating for an increase in deposit insurance

US Officials Contemplate Extending Deposit Insurance Coverage to More Individuals and Institutions

In the wake of the 2008 financial crisis, US officials have been contemplating extending deposit insurance coverage to more individuals and institutions. Deposit insurance is a government-backed program that protects depositors in case their bank fails. The Federal Deposit Insurance Corporation (FDIC) is the agency responsible for administering this program.Currently, the FDIC insures deposits up to $250,000 per depositor per insured bank. This coverage applies to all types of deposit accounts, including checking, savings, money market, and certificate of deposit (CD) accounts. The FDIC does not insure investments such as

Fintech Statistics to Watch Out for Between 2023 and 2025

The fintech industry has been growing at an unprecedented rate over the past few years, and this trend is expected to continue in the coming years. With the rise of digitalization and the increasing adoption of mobile devices, fintech companies are poised to disrupt traditional financial services and change the way we manage our money.Here are some fintech statistics to watch out for between 2023 and 2025:1. Global fintech investment is expected to reach $310 billion by 2025.According to a report by Accenture, global fintech investment is expected to reach

E-Bikes Offer a Cost-Effective Alternative as Used Car Prices Soar

As the prices of used cars continue to soar, many people are looking for alternative modes of transportation that are more affordable. One option that is gaining popularity is the electric bike, or e-bike. E-bikes offer a cost-effective alternative to cars, with lower upfront costs, lower maintenance costs, and lower operating costs.E-bikes are bicycles that are equipped with an electric motor and battery. The motor provides assistance when pedaling, making it easier to ride uphill or against the wind. The battery can be recharged by plugging it into a wall

E-Bikes: A Cost-Effective Alternative to Overpriced Used Cars

As the cost of owning a car continues to rise, many people are turning to alternative modes of transportation. One such option that has gained popularity in recent years is the electric bike, or e-bike. E-bikes are a cost-effective alternative to overpriced used cars, offering a range of benefits that make them an attractive option for commuters and recreational riders alike.First and foremost, e-bikes are significantly cheaper than cars. According to a study by the American Automobile Association, the average cost of owning a car in the United States is

Walmart’s Investment of US$200 Million in PhonePe: A Significant Move in the Financial Market

Walmart's recent investment of US$200 million in PhonePe, a digital payments platform in India, has been a significant move in the financial market. This investment is part of PhonePe's ongoing fundraising round, which aims to raise up to US$1 billion. The investment by Walmart will help PhonePe expand its operations and strengthen its position in the Indian digital payments market.PhonePe was founded in 2015 and has quickly become one of the leading digital payments platforms in India. The platform allows users to make payments, transfer money, and pay bills using

Walmart Invests $200 Million in India’s PhonePe

Walmart, the world’s largest retailer, has recently invested $200 million in India’s PhonePe, a digital payments platform. This investment is part of Walmart’s strategy to expand its presence in the Indian market and to compete with Amazon, its biggest rival. PhonePe was founded in 2015 and is now India’s leading digital payments platform. It allows users to make payments for goods and services using their smartphones. The platform also provides a range of financial services such as money transfers, bill payments, and insurance. Walmart’s investment in PhonePe is part of