Funding Rounds

How cybersecurity startups and neobanks scooped the most funds among last week’s 42 investment...

While Covid-19 continues to haunt us, the FinTech industry continues to rake in millions of dollars. Neobanks and cybersecurity companies were the top-scoring sectors to raise investment among the 42 rounds that FinTech Global reported on last week.

Expense Check rebrands following close of fresh investment

Australia-based InsurTech Expense Check has rebranded to Kanopi, alongside the close of a AUD 4m ($3m) investment.

German InsurTech unicorn Wefox closes $650m Series C at $3bn valuation

Digital insurance startup Wefox raised $650m in a post-money valuation of $3bn led by Target Global.

Ex-Y Combinator InsurTech platform for landlords Obie hauls in $10.7m

InsurTech startup Obie raised a $10.7m Series A round led by Battery Ventures while also launching its new insurance product offering, which focuses on landlords and investment property owners.

Parametrix raises $17.5m to boost its cloud downtime insurance offering

InsurTech Parametrix raised $17.5m in funding from VC firms FirstMark Capital and F2 Ventures.

Corvus Insurance extends Series C round by $15m

Corvus Insurance has extended its Series C round by $15m, bringing the round’s total to $115m.

Mile Auto scores $10.3m seed funding to support growth across US

Mile Auto, which leverages computer vision and decision analytics to offer affordable insurance, has secured $10.3m in its seed funding round.

Why the 46 FinTech rounds from last week are exciting for stock trading and...

With Trade Republic netting $900m and four startups earning the horn among 46 rounds, last week proved to be a great week in terms of FinTech investment, particularly for stock trading apps enterprises.

InsurTech startup iLife said to close seed round on $4m

Life insurance sales automation platform iLife has reportedly collected $4m in its seed round.

InsurTech Waffle seeks expansion following $5m seed round

InsurTech Waffle seeks expansion following $5m seed round

News Stories

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As carriers expand their agent networks, the process of onboarding producers, managing appointments, and maintaining compliance records often still depends on fragmented systems and manual intervention.

Fixing the producer bottleneck in insurance distribution

Producer licensing is one of those parts of insurance that tends to stay in the background until it starts slowing everything else down. As...
Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK.

Simply Business brings small business insurance pricing into ChatGPT

Simply Business, a digital insurance marketplace, has launched a business insurance app on ChatGPT in the US, alongside a separate rollout in the UK. The...
Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform for US commercial insurers.

Cytora partners LexisNexis to enhance US commercial underwriting

Cytora, a digital risk processing platform, has announced a strategic relationship with LexisNexis Risk Solutions to embed advanced data and analytics into its platform...
INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and MGAs.

INSTANDA and DataCrest team up to streamline insurance submissions

INSTANDA, a no-code insurance platform provider, has partnered with DataCrest, a workflow solutions firm, to enhance submission intake and quoting efficiency for insurers and...
Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient, with strategic participation from Allianz X.

Openly boosts expansion plans with funding and Allianz Re deal

Openly, a tech-enabled homeowners insurance provider, has secured a growth investment round led by existing investors Eden Global Partners, Advance Venture Partners and Gradient,...
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