InsurTech Acko bolsters unicorn status following substantial backing
India-based digital insurer Acko has raised $225m from a Series D funding round led by General Atlantic and Multiples Private Equity.
Gen Z-focused neobank pockid rakes in $4m seed financing
pockid, a banking app that labels itself as the first dedicated banking app for Generation Z customers, has snapped up $4m from a seed funding round.
Afero to invest in stronger IoT security following $50m Series C
IoT device communication security firm Afero has raised $50m in a Series C funding to double its total raised since inception to $100m.
Vietnamese digital bank Timo snares $20m investment
Vietnam’s first digital bank Timo has secured $20m from a funding round led by venture capital firm Square Peg.
Moneyfarm herds £44.1m Series D from new partner M&G
WealthTech firm Moneyfarm has secured £44.1m in Series D funding from investment firm M&G following a recent partnership between the two companies.
Calamu lands $16m investment to fuel expansion
Calamu, a company that is building technology to help firms recover from ransomware attacks, has bagged $16.5m in funding.
VISO Trust rakes in $11m Series A financing
VISO Trust, a provider of third-party cyber risk management solutions, has snared $11m in Series A funding.
Digital-first private bank Alpian snares CHF19m in Series B+
Alpian, a Swiss digital-first private bank, has raised CHF19m in a Series B+ funding round headed by Fideuram – Intesa Sanpaolo Private Banking.
Transverse Insurance unveils InsurTech fund
Transverse Insurance Group, a property & casualty (P&C) carrier, has launched a venture capital fund, Transverse Ventures Fund I, that will focus on early-stage investments in insurance and InsurTech.
Brazilian FinTech Nomad pulls in $32m financing
Nomad, a Latin American FinTech helping Brazilians establish bank accounts, has raised $32m in financing.