Santam picks up minority stake in Ctrl
South African Insurance major Santam has made a minority investment in InsurTech start-up CTRL.
Ctrl provides short-term car and house insurance through an independent advice app,...
Turtlemint secures $25m of funding in Sequoia India-led round
Indian InsurTech Turtlemint has raised $25m in a funding round led by Sequoia India.The long-time FinTech investor was joined in the round by existing...
China’s Dongguan launches CNY1.5bn fund of funds to boost fintech, cutting edge industry
The Chinese city of Dongguan has launched a CNY1.5bn ($217m) fund of funds vehicle looking to boost investment in the region across areas including fintech, smart manufacturing and mass consumption.
Odysseus, APICIL launch €10m dedicated InsurTech fund
Odysseus Alternative Ventures has partnered with APICIL Group to launch a new InsurTech-dedicated investment fund.
MAPFRE invests €25m in Mundi Ventures InsurTech fund
Global insurance group MAPFRE has become the anchor investor in Mundi Ventures’ Alma Mundi Insurtech Fund, FCRE after committing €25m.
The venture fund will focus...
Analytics business Understory raises $7.5m
Weather network and data business Understory has raised $7.5m in a funding round led by 4490 Ventures.
Understory processes data from forecasted weather events to...
Aflac increases investment fund’s capital pool to $250m
Aflac has increased the capital pool for its venture capital division to $250m.
AXIS Capital Holdings launches InsurTech-focused investment firm
AXIS Capital Holdings has launched a new InsurTech-focused investment firm AXIS Digital Ventures.
MTech Capital holds $75m first close for debut fund
InsurTech-focused venture capital firm MTech Capital has held the $75m first close for its debut fund.
InsurTech VC MTech Capital looks to raise up to $150m
InsurTech-focused venture capital firm MTech Capital is looking to raise up to $150m for its flagship fund, FinTech Global can reveal.
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