Funding Rounds

AMTD invests into five Singapore-based FinTech startups

The AMTD Singapore Solidarity Fund has completed the first five FinTech investments of its new S$50m ($36.7m) fund.

Rnwl surges past the crowdfunding target and still has another 38 days on the...

Insurance comparison platform Rnwl has surpassed its crowdfunding target, with another 38 days left on the campaign.

19 FinTech funding rounds from the last week that you better not have missed

From cybersecurity unicorn Snyk's $200m funding round to payment service provider startup Mollie's €90m new cash injection, the last week was full of FinTechs completing funding rounds.

InsurTech Sunday has raised $9m to expand its services in Thailand

Thai InsurTech startup Sunday has raised $9m in a pre-Series B round led by SCB 10X, the venture capital arm of the Siam Commercial Bank.

Descartes Underwriting bags $18.5m in Series A

Climate-risk focused InsurTech Descartes Underwriting has closed a $18.5m series A funding round co-led by Cathay Innovation and Serena.

Millennial-focused InsurTech Urban Jungle has raised another £1.6m

London-based Urban Jungle has secured £1.6m from both new and existing investors after having been forced to close a previous round early due to Covid-19.

InsurTech BIMA bags $30m to expand in Africa and Asia

InsurTech BIMA has raised $30m in a new round with the goal of using the money to drive mass adoption of digital health and InsurTech solutions in emerging markets.

23 FinTech rounds raised in the last week

Last week proved a huge win for challenger banks and the Latin American FinTech sector. Check out these funding rounds to find out why.

honcho enters the endgame for its funding round by launching Seedrs campaign for the...

UK-based InsurTech honcho has entered the final stage for its £2.25m capital raise and is looking to raise the remaining £300,000 via a crowdfunding campaign on Seedrs.

Cachet closes seed round on €1.1m as it eyes expansion into Nordics

Estonia-based InsurTech Cachet has closed its seed round on €1.1m as it looks to expand its services to enter new markets such as Poland, the Nordics and the UK.

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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