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.
Expense Check rebrands following close of fresh investment
Australia-based InsurTech Expense Check has rebranded to Kanopi, alongside the close of a AUD 4m ($3m) investment.
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.
Why it is tough to say if InsurTechs will disrupt insurers in the coming...
It is impossible to predict the future and assess where InsurTechs and insurers will be in the coming years. However, insurers will continue to invest in technology as they try to adapt to the new focus on customer experience, according to Sentiance’s Ali Nawab in a new podcast.
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.
Parametrix raises $17.5m to boost its cloud downtime insurance offering
InsurTech Parametrix raised $17.5m in funding from VC firms FirstMark Capital and F2 Ventures.
Tractable to help GEICO accelerate auto claim and repair process through new deal
Tractable will help GEICO, the second-largest auto insurer in the US, accelerate its auto claim and repair process, as part of a new deal.
Corvus Insurance extends Series C round by $15m
Corvus Insurance has extended its Series C round by $15m, bringing the round’s total to $115m.
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