Funding Rounds

The 26 FinTech deals of last week show the unicorns are on the rise

FinTech companies continue to make waves as the last week witnessed a slew of heavyweights scoring millions of dollars with headlines being filled with decacorns and unicorns alike.

FOXO Technologies closes funding to help it build insurance that helps keep you alive

FOXO Technologies, which leverages AI-driven bioinformatics and microarray technologies for the life science space, has closed a $10m investment round.

Sikich acquires Process Stream to expand its product suite

Sikich, which designs a range of tools for financial services, has acquired Process Stream to expand its product suite.

Pandemic fuels $13.4bn in InsurTech investment since 2020 as the insurance industry is being...

Funding in 2021 is on pace for a new record driven by large deals over $50m

InsurTech Fenris Digital hauls in $2.7m to streamline insurance process

InsurTech firm Fenris Digital raised $2.7m in a funding round led by IDEA Fund Partners.

Proximity Space launches insurance brokerage for coworking spaces

Proximity Space, a workspace management software company, has launched a new insurance brokerage to cover coworking and flex space operators.

The 22 FinTech rounds from the last week you must know about

After the Easter long weekend, our weekly roundup of the big FinTech trends from the past seven days is all you need to keep yourself updated on what’s happening in the industry.

Urban Jungle bags £8m as it looks to double its team

UK-based InsurTech Urban Jungle has reportedly closed its largest funding round as it looks to double its headcount.

Next Insurance doubles its valuation to $4bn after fresh investment

InsurTech unicorn Next Insurance has doubled its valuation to $4bn, following the close of a new $250m investment round.

Cyber risk management and insurance platform Trava scores $3.5m seed round

Trava, an integrated cyber risk management and insurance platform, has netted $3.5m in its seed round.

News Stories

Faye raises $50m to power autonomous travel care

Faye raises $50m to power autonomous travel care

Faye, the AI-powered travel protection platform recognised as a TIME Best Invention and named a top provider by The Wall Street Journal, has closed...
Why insurance personalisation is still stuck in the data gap

Why insurance personalisation is still stuck in the data gap

Insurers have invested significantly in customer data, segmentation and behavioural analytics to improve engagement. However, many still face challenges when turning those insights into...
Octave taps Cytora technology for new MGA launches

Octave taps Cytora technology for new MGA launches

Cytora, an AI-powered risk processing platform for commercial insurers, has entered a partnership with Octave Specialty Group, a specialty insurance platform that builds, buys...
Plaid and Sierra unlock AI-powered financial workflows

Plaid and Sierra unlock AI-powered financial workflows

Plaid, a financial technology company that enables consumers to securely connect their financial accounts with apps and services, has partnered with Sierra, an AI...

Angelica Solutions adds pricing expert Illingworth

Angelica Solutions, the UK insurance consultancy specialising in data-driven and actuarial solutions for insurers, MGAs and InsurTechs, has appointed Amy Illingworth as a senior...
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