Funding Platforms

Modern Treasury passes $2bn valuation following Altimeter-led Series C

Payments operation software platform Modern Treasury has raised $85m in a Series C funding round led by Altimeter Capital.

InsurTech Voom rakes in $15m funding to expand UBI model

Voom, an InsurTech that provides usage-based insurance (UBI) for e-scooters, e-bikes and related devices, has secured $15m in funding.

EquityBee snags $55m from Group 11-led Series B

California-based firm EquityBee has raised $55m from a Series B funding round led by venture capital firm Group 11.

Homee reels in $17m from oversubscribed Series B-2

Tampa-based InsurTech Homee has raised $17m from a Series B-2, bringing the total raised in the overall Series B round to $36m.

SafeTree looks to extend roots with $1m seed raise

New Delhi-based InsurTech SafeTree has secured $1m in seed funding from angel investors Shams Ahmed Parvaz and Faiz Shams.

Quantexa rounds off Series D with BNY Mellon backing

Data and analytics software firm Quantexa has closed off its Series D funding round with a strategic investment from investment banking company BNY Mellon.

InsurTech Buckle closes $60m Series B to scale platform across US

Buckle has secured $60m from a Series B funding round that was led by Volery Capital Partners.

Cyber insurer Coalition enhances unicorn status with $205m Series E

Cyber insurance and security firm Coalition has raised $205m from a Series E funding round, lifting its valuation to $3.5bn.

Ascend Money becomes first Thai FinTech unicorn after $150m funding haul

Ascend Money has raised $150m in funding to become the first Thai unicorn at a $1.5bn valuation.

Crypto firm Cobo scores $40m Series B to develop DeFi platform

Singaporean FinTech firm Cobo has raised $40m from a Series B funding round to develop what it claims is the first ever DeFi-as-a-service platform.

News Stories

FinTech investment soars to $2.03bn in powerful week for the sector

There was a grand total of $2.039bn raised across FinTech deals this week, with FinTech Global reporting on 27 key rounds. This funding haul...
Increase launches FDIC-member bank for FinTech builders

Increase launches FDIC-member bank for FinTech builders

Increase, a banking infrastructure and API provider used by FinTech companies including Gusto, Ramp and Stripe, has launched Increase Bank, an FDIC-member banking institution...

Ortec Finance: fixing the climate risk gap in portfolios

As climate risk climbs the agenda for pension funds, insurers and asset managers, investors are seeking to embed climate considerations across the entire investment...
KYCP moves to fix broken onboarding with COT 2.1.6

KYCP moves to fix broken onboarding with COT 2.1.6

Client onboarding remains one of the most friction-heavy stages in the compliance lifecycle, and abandoned or error-ridden applications carry a real cost for regulated...
WealthReach buys AdvisorRankings to boost AI search visibility

WealthReach buys AdvisorRankings to boost AI search visibility

WealthReach, an AI-powered organic growth platform serving registered investment advisors (RIAs) and wealth management firms, has acquired AdvisorRankings, an agency specialising in SEO and...

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