Investors

AI-based InsurTech Planck reportedly banks $20m in new funding round

Tel Aviv-based data analytics platform for commercial insurance underwriting Planck has reportedly raised $20m in a new growth round.
Maverick

DeFi infrastructure leader Maverick Protocol secures $9m in funding round

Maverick Protocol, a provider of DeFi infrastructure aiming to augment industry efficiency, has announced a fundraising endeavour.

AI-driven fraud protection company for InsurTechs Shift Technology earns the horn after $220m round

SaaS provider of AI-driven decision automation and optimisation solutions for the insurance industry Shift Technology closed a $220m fundraising bringing its valuation to over $1bn.
Funderbeam

Funderbeam secures $40m to shape future of venture markets

Angel investing and trading platform Funderbeam has secured $40m in an investment round led by Irish PE group VentureWave.

Plaid inks $425m Series D, gains decacorn status

Open banking platform Plaid hauled in a massive $425m Series D funding round led by Altimeter Capital with participation from new investors Silver Lake and Ribbit Capital, pushing the firm’s valuation to $13.4bn.

Klarna rival Laybuy hauls in A$35m to boost its footprint in the UK

New Zealand-based buy now pay later firm Laybuy has closed a A$35m capital raise to further its push into the UK market.

QuintessenceLabs reels in A$25M to expand quantum cybersecurity reach

Quantum cybersecurity firm QuintessenceLabs has secured A$25m in financing as it pushes forward its aim to take quantum cybersecurity global.
Gynger

Gynger lands $21.7m as it arises from stealth

Gynger, a software and infrastructure financing startup, has raised $11.7m in seed funding and $10m in debt financing.

FinTech startup Lupiya bags $1m to fund the rollout of its financial inclusion tools...

Seven out of ten people in Zambia do not have access to formal financial services, but Lupiya hopes to change that on the back of a new $1m investment from Enygma Ventures.

Rapyd secures $300m in Series D raise

A little over a year since Rapyd achieved its unicorn status, the Mountain View-based FinTech has now raised a $300m Series D financing round to leverage the growing demand for its services.

News Stories

FinTech

FinTech investment sees uptick following two sluggish weeks

There was a climb in investment in the FinTech sector this week, with FinTech Global reporting on a total of $399m being raised across...
compliance

Will 2024 be the year of compliance technology?

As technologically-driven solutions continue to firmly pierce the financial industry and how it runs, the need for firms to maintain compliance amongst a deluge...
ZeroEyes joins Lloyd's Lab for pioneering InsurTech against gun violence

ZeroEyes joins Lloyd’s Lab for pioneering InsurTech against gun violence

In an unprecedented move, ZeroEyes, known for its pioneering AI gun detection technology, has been welcomed into the coveted Lloyd's Lab Accelerator program, marking a significant stride in InsurTech innovation.
Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb Personal Risk Services (PRS), known for its commitment to providing exceptional insurance services, has announced the launch of an innovative self-service Flood Insurance System.
Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint venture

Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint...

Bishop Street Underwriters, a notable entity within the RedBird Capital Partners' portfolio, has formally announced a groundbreaking joint venture with Topsail Reinsurance SPC, Ltd....

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