Car insurance app Noblr to be acquired by USAA
Insurance provider USAA is set to acquire US behaviour-based car insurance company Noblr for an undisclosed fee.
Embroker secures $100m Series C to expand business insurance offering
Digital insurance company Embroker has raised $100m from a Series C funding round led by FTV Capital.
Branch banks $50m to tackle the root problem of the insurance sector
Home and auto insurance startup Branch Insurance raised $50m in Series B funding led by Anthemis Group.
How Latin American startups and InsurTechs stole the show among the 37 FinTech investments...
InsurTech companies continued their winning streak last week among the 37 FinTechs that raised big rounds.
Robinhood, Stripe, Wise, Nubank execs among others back InsurTech Justos in seed round
Brazilian auto insurance startup Justos raised $2.8m in a seed round led by one of the largest VC firms in Latin America Kaszek along with a slew of experienced angel investors including CEOs of seven unicorns.
MotoRefi secures Goldman Sachs backing in $45m Series B
US Auto FinTech MotoRefi has closed a $45m Series B round led by Goldman Sachs Asset Management’s Growth Equity team.
Cloud-based InsurTech Novidea adds $15m to its recently closed Series B round
Cloud-based solutions provider for the insurance industry Novidea increased its Series B funding by $15m, adding to $15m raised just six months ago.
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.
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.
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