Tag: Investment

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.

Extend achieves unicorn status following $260m Series C

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

The 34 FinTech rounds from the last week you can’t afford...

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.

Why crypto startups and InsurTechs flourished among 31 FinTech investment rounds...

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

Insurance, investment giant Prudential raises $300m venture fund through PruVen Capital...

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

FinTech unicorns and startups to face a coronavirus-created “vicious cycle” that...

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

Digit Insurance said to raise $84m from growth investors

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

Target Global leads $42m round for Zego

European venture capital firm Target Global has led a $42m Series B funding round for London-based InsurTech Zego. This latest round brings the company's total raised...

Online investing, trading app business Wealthsimple gets Allianz backing in C$100m...

Allianz Group has used its digital investment unit Allianz X to take part in a C$100m investment in online investing service and trading app provider Wealthsimple.

Admiral teams up with Oakley Capital to back two Spanish InsurTechs

British insurance major Admiral has partnered with European buyout house Oakley Capital to buy two digital insurance brokers Rastreator and Acierto. The firm is set to...

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