RGA partners with fintech company Bitspark

Bitspark, a fintech company in Hong Kong developing money exchange technology and placement in the blockchain industry, has secured funding from RGAx, the innovation accelerator of Reinsurance Group of America.

RGAx partners with and invests alongside enterprising companies developing solutions to the biggest problems in the fintech and insurance industries.

The two companies said they will collaborate to further their mutual ambitions of providing financial protection to traditionally underserved populations.

George Harrap CEO of Bitspark, said: “We are excited to be working with excellent partners in RGAx. Their presence, in the US, Asia Pacific region, and beyond, gives RGAx the global scope and expertise to accelerate Bitspark to the next level.”

Dennis Barnes, CEO, RGAx, added: “At RGAx we are actively partnering with our existing clients and new innovators, such as Bitspark, to create business opportunities that improve consumer access to financial services. “We believe Bitspark’s technology could help reduce friction for the millions of people who use remittance to support their families and friends abroad.”

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