Funding Rounds

YouSet, a startup which has optimised the process of buying and comparing home and auto insurance, has raised $2.1m in an oversubscribed pre-seed round.

Life benefits platform Forma has raised $40m in Series B funding in a mission to transform employee benefits for the modern workforce.

Lunar, a neobank based in Denmark, has scored €35m in funding as it looks to push forward in its path to profitability.

Ascent, a firm that claims it helps users comply more efficiently, has launched its Compliance Confidence Scorecard. 

The biggest ten deals of the week raised a combined $1bn, as 31 FinTech deals were closed this week.  

FinTech companies in the region raised nearly $2bn across 64 deals during the first half of the year

Counterpart, which stylises itself as the management liability InsurTech, has scored $30m in its Series B funding round.

If any FinTech company's funding round can be said to have broken the internet, the stocktrading startup Robinhood's Series F round should definitely be in the running.

Trunk Tools, a financial technology (FinTech) start-up specialising in the construction industry, has launched its operations with a bang. The New York-based firm aims to address the persistent skilled labour shortage in the sector by enabling faster payment processing for construction workers.

Particeep, a SaaS distribution platform for financial products and services, has scored an investment from Truffle Capital and Sopra Steria.