Carrot Insurance under fire after drivers were threatened with car insurance cancellations due to...
Young drivers and an MP are putting pressure on Carrot Insurance after its app failed to accurately measure people’s driving and threatened to cancel their insurance as a result, according to the BBC.
Cybersecurity platform Avanan scores $25m in its Series B round
Cloud-based security platform Avanan has scored $25m in its Series B round of funding.
Finsall said to raise 2.4 crore in its seed round
InsurTech startup Finsall has reportedly raised 2.4 crore ($328,000) in its seed funding round, which was led by Unicorn India Ventures.
CyberTech Traceable AI hits $450m valuation
CyberTech startup Traceable AI has reportedly collected $60m in its Series B funding round, which was led by IVP and brings its post-money valuation to $450m.
Members of the Net Zero Banking Alliance update climate targets
In a move to combat climate change, members of the Net Zero Banking Alliance have voted to update their Guidelines for Climate Target Setting.
Mastercard bolsters cybersecurity with Baffin Bay Networks deal
Payment giant Mastercard has acquired Swedish cybersecurity platform Baffin Bay Networks to help businesses deal with increasingly challenging cyber attacks. Baffin Bay Networks will add...
Marqeta closes Series C funding round on $25m
California-based Margeta has closed its Series C funding round on $25m, led by Visa.
Warburg Pincus-backed Vivtera launches its services
Vivtera, a business process management company, has launched its services alongside its partnership with private equity firm Warburg Pincus.
Rocket Internet has €2.6bn to invest across opportunities in FinTech, AI
Rocket Internet, a technology company investor and incubator, has €2.6bn gross cash available for investing.
AI-powered financial safety platform Carefull nets $16.5m in Series A funding
Carefull, an AI-driven FinTech platform, has taken a significant stride forward in its mission to safeguard the finances of older adults. The company successfully closed...
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