Personal Finance Leader Quicken Inc. Announces New Majority Investment from Aquiline Capital Partners LLC

MENLO PARK, Calif., Sept. 9, 2021 /PRNewswire/ — Quicken Inc. (“Quicken”), maker of America’s best-selling personal finance software, announced today that it has entered into a definitive agreement for Aquiline Capital Partners LLC (“Aquiline”) to acquire a majority stake in the company. Quicken CEO Eric Dunn will continue to hold an equity stake alongside other employees. Aquiline, a New York– and London-based private investment firm with $6.9 billion in assets under management, has expertise investing in financial services and technology companies. Financial terms of the deal were not disclosed.

“Our team is dedicated to giving our customers

… Read more
Posted onon

Insuretech startup, aYo partners MTN to provide free insurance to Ivorians through mobile recharge

African insuretech startup, aYo has partnered with African telecom giant, MTN, to launch two services aimed at providing free health and life insurance covers to millions of people in Ivory Coast through mobile recharge.

The services are aYo Recharge and aYo Kash. aYo Recharge would reward MTN MoMo users with free accident hospitalisation cover and life cover. Whenever a user buys airtime through their MoMo wallets, they get 8 times that amount as accident cover and 12 times that amount as life cover.

aYo Kash offers cover for illness, accident and life. Each time a user sends money, pays a

… Read more
Posted onon