Funding Rounds

India-based InsurTech platform Acko raises $12m

Online insurer company Acko General Insurance has raised a $12m funding round led by Amazon.

BondIT said to receive an extra $4m in funding

Israel-based BondIT, an investment portfolio company, has reportedly bagged $4m in its latest round of funding. This funding comes as an extension to its Series...

Tradeshift raises $250m Series B, valuing the company at $1.1bn

Supply chain payments platform Tradeshift has raised $250m in its Series E funding round, which values the company at $1.1bn.

QuantCube close minority investment from Moody’s

QuantCube Technology, an AI-based predictive analytics platform, has received a strategic minority investment from Moody’s Corporation.

Toffee Insurance bags $1.5m Seed to support team expansion

India-based digital insurance platform Toffee Insurance has closed a $1.5m Seed round. The investment was led by Kalaari Capital, Omidyar Network, and Accion Venture Lab. Toffee...

Drone insurance company Flock nets £2.25m Seed round

Flock, a ‘pay-as-you-fly’ insurance platform for drones, has secured £2.25m in its Seed funding round.

Gravyty raises $2m to accelerate AI product development

AI-powered fundraising software developer Gravyty Technologies has raised $2m in its second round of funding.

Cybersecurity company Blackpoint lands $6M

Blackpoint, a cybersecurity company offering spread detection and network visualisation, has closed a $6m round of funding.

Azimo said to close $20m Series C led by Rakuten

Money transfer platform Azimo has reportedly closed a $20m Series C funding round led by Rakuten Capital.

Moneyfarm secures £40m investment led by Allianz

Wealth management platform Moneyfarm has secured £40m in its latest funding round, which was led by Allianz Asset Management.

News Stories

CUBE

CUBE bolsters reach with Thomson Reuters Regulatory Intelligence acquisition

CUBE, a leading provider of ARI and RCM, has acquired Thomson Reuters Regulatory Intelligence and Oden products and businesses.
Assurant has announced the launch of a new solution designed to address the growing need for specialised tech support solutions tailored for residents in multifamily housing complexes.

Assurant launches insurance tech support product

Assurant has announced the launch of a new solution designed to address the growing need for specialised tech support solutions tailored for residents in multifamily housing complexes.
Workiva

Workiva and ERM unite to drive sustainable business practices

ERM, the largest global specialist sustainability consultancy, has recently announced a strategic partnership with Workiva.
Basel

Basel Committee highlights rising risks from finance digitalisation in new report

The Basel Committee on Banking Supervision has released a comprehensive report analysing the impact of ongoing digitalisation on the finance sector, particularly focusing on banks and supervision.
InsurTech leader Kalepa is set to leverage its award-winning Copilot underwriting platform to enhance risk analysis, critical submission management capabilities, and document ingestion for Munich Re Specialty – North America.

Munich Re Specialty – North America to deploy Kalepa’s Copilot underwriting platform

InsurTech leader Kalepa is set to leverage its award-winning Copilot underwriting platform to enhance risk analysis, critical submission management capabilities, and document ingestion for Munich Re Specialty – North America.

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