Funding Rounds

Automation and artificial intelligence (AI) are transforming industries worldwide, and the insurance sector is no exception. For insurance companies, efficiently handling claims and processing large volumes of customer inquiries is a crucial aspect of maintaining customer satisfaction and operational excellence. As the volume of claims increases, insurers are under pressure to find solutions that not only streamline workflows but also improve accuracy and reduce response times. This is where companies like Simplifai can make a difference. 

Bank of London secures £42m in oversubscribed funding round

Bank of London, a UK-based clearing bank and embedded banking service, has announced a successful £42m funding round.
Thatch, a health benefits startup, has raised $38m in a Series A funding round led by Index Ventures and General Catalyst.

San Francisco-based Thatch raises $38m to revolutionise health insurance benefits

Thatch, a health benefits startup, has raised $38m in a Series A funding round led by Index Ventures and General Catalyst.

Solid week for FinTech deals with 28 recorded

A total of $459m was raised across all the FinTech deals that were recorded this week by FinTech Global.  Leading the way of all the...
Cobre raises $13m to enhance CFOs' payment management in Colombia

Cobre raises $35m to enhance CFOs’ payment management in Colombia

Cobre, a Colombia-based startup, has recently secured a significant investment, announcing a $13m funding round to revolutionize corporate payment processes.
MirrorWeb secures $63m growth funding from Mainsail Partners for RegTech innovation

MirrorWeb secures $63m growth funding from Mainsail Partners for RegTech innovation

MirrorWeb, a prominent player in the digital communications archiving and regulatory compliance software arena, has successfully secured a $63m growth equity investment from Mainsail Partners.
Nayya captures strategic investment from Workday Ventures to refine benefits technology

Nayya captures strategic investment from Workday Ventures to refine benefits technology

Nayya, an innovative employee benefits platform, today announced a strategic investment from Workday Ventures.
Korint, a rising InsurTech company, has secured €5m in a funding round to boost the rate of digital transformation within the insurance industry.

InsurTech Korint lands €5m to drive insurance digitalisation

Korint, a rising InsurTech company, has secured €5m in a funding round to boost the rate of digital transformation within the insurance industry.
The Demex Group, a risk analytics and intelligence company specialising in stop-loss reinsurance protection, has secured $10.25m in funding through a Series A and previous SAFE round.

Reinsurance innovator Demex Group raises $10.25m in Series A

The Demex Group, a risk analytics and intelligence company specialising in stop-loss reinsurance protection, has secured $10.25m in funding through a Series A and previous SAFE round.

Drip Capital clinches $113m to propel global trade finance innovation

Drip Capital, a prominent digital platform specialising in trade finance, has successfully secured a $113m funding round. The funding includes a $23m equity investment from...

Acuvity launches with $9m to bolster AI security for enterprises

Acuvity, a pioneer in AI security and governance, announced today that it has successfully closed a $9m seed funding round.

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Red-letter week for FinTechs as $1bn raised across 17 deals

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Deluxe acquires Celero Commerce in $625m deal

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ASIC seeks $35m as HSBC admits scam protection gaps

HSBC Bank Australia Limited (HSBC), the Australian arm of one of the world's largest banking groups, is facing a $35m penalty after admitting to...

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