Funding Rounds

Home equity financing platform Patch Home has secured $1m in Seed funding as it launches out of private beta mode in California.

Singapore Life has raised $50m in the largest Asian InsurTech funding round to date. The Series A investment comes from Impact Capital, a subsidiary of Credit China FinTech Holdings, as well as UK-based investor IPGL.

Stock trading app Robinhood is confirming its $1.3bn valuation and announcing a $110m Series C round. Alongside the capital and valuation, the company is revealing a new milestone in having passed two million users globally.

German InsurTech startup Getsurance has picked up ?2m in a Seed round of funding. The investment comes from Rocket Internet founder Alexander Samwer Picus Capital, Postfinance Bank and IBB.

Argentinian bitcoin startup Ripio (formerly Bitpagos) has bumped up its Series A round with an additional $428,000. The investment comes from Medici Ventures.

Spending tracking app Dave has secured $3m in funding from backers including serial VC Mark Cuban. SV Angel, The Chernin Group and other angel investors also participated in the round.

Financial data platform Quovo has raised $10m in a Series B round of funding to fuel the growth of its analytics offerings.

Spend management software company Ivalua has secured $70m in a growth equity investment from KKR.

Mobile banking startup Pockit has picked up £2.9m in new funding as it introduces a remittance service from the UK to Italy and Poland.

InurTech startup Lemonade has secured funding from global insurance giant Allianz. The terms of the deal are undisclosed.