SIMON unveils Nationwide as newest member of its InsurTech marketplace
SIMON Annuities and Insurance Services have added insurance and financial services business Nationwide as the newest carrier in its InsurTech Marketplace.
Car insurance app Noblr to be acquired by USAA
Insurance provider USAA is set to acquire US behaviour-based car insurance company Noblr for an undisclosed fee.
Embroker secures $100m Series C to expand business insurance offering
Digital insurance company Embroker has raised $100m from a Series C funding round led by FTV Capital.
Ethereum rival Solana snags $314m led by Andreessen Horowitz and Polychain Capital
Solana has raised over $314m through a private sale of its native token SOL led by Andreessen Horowitz and Polychain Capital.
Klarna becomes Europe’s highest-valued private FinTech after netting $639m in funding
Swedish-based BNPL giant Klarna raised more than $639m in a new private fundraising round, led by Japan’s SoftBank, boosting its valuation to almost $46bn.
Peter Thiel’s Valar Ventures, Klarna founder back Indonesia-based BukuWarung in $60m round
Indonesian FinTech startup BukuWarung raised $60m in Series A funding in a round led by Valar Ventures and Goodwater Capital.
Branch banks $50m to tackle the root problem of the insurance sector
Home and auto insurance startup Branch Insurance raised $50m in Series B funding led by Anthemis Group.
Stacey Abrams co-founded Now nabs $9.5m Series A to automate B2B invoices
Atlanta-based Now secured $9.5m in Series A funding to develop its invoice payment tool that automates the process for how and when businesses get paid.
Sidekick Partners and Scribd founder back LemonEdge in $2.5m round
London-based FinTech startup that helps firms in the private equity and financial services industries digitise complex accounting LemonEdge landed $2.5m in new capital.
Pennylane picks up $18m from Sequoia for its financial management and accounting platform
Paris-based financial and account management solutions provider Pennylane raised €15m ($18m) in new funding from Sequoia Capital.