23 FinTech investment rounds to make the news over the past seven days
Stripe's whooping $600m Series G expansion wasn't the only investment round completed by a FinTech company over the last week.
The global InsurTech market to be worth $10.14bn by 2025 as traditional insurers embrace...
In 2019, the global InsurTech market was valued at $5.48bn. Now, new research has suggested that figure could jump to $10.14bn by 2025, representing a compound annual growth rate of 10.8%.
BlockClaim rebrands after closing its second seed round
Insurance claims platform Sprout.ai has rebranded from BlockClaim alongside the close of its second seed round.
Parsyl launches insurance service after closing Series A round
Parsyl, a supply chain data platform, has collected $15m in a new funding round which coincides with the launch of its new insurance product.
Zetta Venture Partners has raised a $180m to keep supporting AI-powered startups like Tractable
Having already backed InsurTech startup Tractable, Zetta Venture Partners is looking for more AI-powered ventures to support with its new $180m fund.
Italy’s Neosurance said to raise €1.1m in funding
Italian InsurTech startup Neosurance, which helps consumers find the right policy, has reportedly bagged €1.1m in a round.
CoverFox said to raise round which values the business at $227m
Digital insurance broker CoverFox has reportedly raised INR 300m ($3.9m) in a funding round which values the InsurTech at around INR 17.3bn ($227.1m).
InsurTech startup honcho closes £1.2m round supported by crowdfunding and established investors
UK-based startup honcho has closed another successful round by combining crowdfunding and the backing of established investors such as Insurtech Gateway, Business Durham and the North East Development Capital Fund.
InsurTech Xpension nets €25m in Series C round led by HPE Growth
German InsurTech Xpension has raised €25m in a new Series C round led by growth investor HPE Growth.
InsurTech startup JennyLife scores $3.5m in funding
Life insurance app JennyLife has secured $3.5m in its Series A round, bringing the InsurTech’s total capital raised to $5m.
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