Tag: Vesttoo

Vesttoo continues to push for ‘value-maximising’ business plan

Israeli InsurTech Vesttoo has requested more time from the creditors in their Chapter 11 bankruptcy case, as it still believes it can produce a "value-maximising transaction".

Court approves seize of $30m in assets from Vesttoo co-founders &...

The Tel Aviv District Court has approved the seize of a total of NIS $30m from the ousted Vesttoo co-founders Yaniv Bertele and Alon Lifshitz.

Markel joins Vesttoo bankruptcy case over $127.75m fraudulent LOCs

Markel Bermuda Limited (MBL) has been appointed to the statutory committee of unsecured creditors in the U.S. Chapter 11 bankruptcy of InsurTech Vesttoo.

Vesttoo files for bankruptcy protection amidst fraud scandal 

Israeli FinTech Vesttoo has filed for Chapter 11 bankruptcy protection amidst the company's ongoing fraud scandal. 

Vesttoo oust CEO following fraud scandal 

FinTech company Vesttoo has laid off its co-founder and CEO in wake of its fraud scandal.  

Vesttoo lay off 75% of staff and close multiple offices amid...

FinTech company Vesttoo has shockingly announced that it will be laying off 75% of its staff in wake of its fraud scandal. 

Vesttoo joins unicorn club with $80m raise

Vesttoo, a technology-driven global insurance risk transfer platform, has raised $80m in Series C funding.

Mouro invests in Vesttoo’s tech-driven approach to reinsurance

Israel-based alternative reinsurance and investment platform Vesttoo has landed $15m in Series B equity investment from Mouro Capital. Also participating in the round was MS&AD...

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