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Healthcare Dive | January 14, 2020
Cigna is partnering with tech-savvy payer startup Oscar Health to jointly sell commercial health plans to small businesses as the Bloomfield, Connecticut-based payer looks to capitalize on Oscar's simplified strategy to expand its footprint in the small group market. The partnership, branded as "Cigna + Oscar," includes integrated medical, behavioral and pharmacy services along with access to a high-performing network of providers. The two payers will share risk under a reinsurance...
Norma | June 24, 2022
Norma, an all-in-one banking, accounting, and business services platform, has seen interest from members early on with more than 2000 small business pre-registrations for its services. Norma moved from its closed beta to public launch in Turkey and is quickly onboarding small businesses on its list while also acquiring new members. Norma wants to onboard thousands of small businesses in the country before the year end and collect feedback from them to release new features to enhance and automate...
ZDNet | February 21, 2020
PayPal has provided AU$500 million to 7,000 businesses in Australia since it launched a working capital offering less than five years ago alongside Citi. "We can see that there is an ongoing demand for alternative finance solutions to support small businesses and help them thrive," PayPal said in its submission [PDF] to the Select Committee on Financial Technology and Regulatory Technology. PayPal considers "information asymmetries" having previously been a "tremendous&q...
TriNet Group | December 27, 2021
TriNet announced it has entered into a definitive agreement to acquire Zenefits from Francisco Partners. Trinet is a leading provider of human resources solutions for small and medium-sized businesses. Zenefits is a people operations platform purpose-built for SMBs, and Francisco Partners is a leading global investment firm that specializes in partnering with technology businesses.
Zenefits is a market-leading cloud human capital management platform that offers innovative and intu...
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