Tag: Investment

Alicia, a Dutch provider of insurance-as-a-service for freelancers, has scored €7m in seed investment.

InsurTech company Insurance Lounge has closed a round of growth equity financing of $15m to speed up its plans for expansion.

Life and health insurance product distributor Integrity Marketing Group has received investment of $1.2bn from investment firm Silver Lake.

Digital insurance company Embroker has raised $100m from a Series C funding round led by FTV Capital.

US product protection startup Extend has raised $260m from a Series C round that has brought its overall valuation to $1.6bn.

FinTech companies continue to blaze a trail with CyberTech and InsurTech enterprises in the lead. The 34 ventures in the sector that topped up their accounts last week prove that.

Cryptocurrency-focused enterprises, cybersecurity firms, challenger banks and InsurTechs were among the big winners of the 31 FinTech funding rounds reported last week.

Insurance and investment management giant Prudential Financial has launched a $300m venture capital fund, its first through subsidiary PruVen Capital.

The global COVID-19 outbreak could worsen business and funding conditions as well as changing private FinTechs’ exit options, according to a new report.

Online insurance platform Digit Insurance has reportedly bagged $84m in an investment round from growth investors.