Number of new FinTechs fall as investors hedge bets on established firms
Research by Claurus Investments has found investment in early-stage FinTech funding rounds is declining as investors begin to focus their capital on more mature companies.
Envelop Risk concludes SoftBank-led Series B with $130m
Cyber and speciality (re)insurance firm Envelop Risk has secured $130m from a Series B funding round led by SoftBank Vision Fund 2.
Sproutt eyes bolstered life insurance offering following $26m Series B raise
Life insurance firm Sproutt has raised $26m from a Series B funding round led by MoreTech Ventures.
Lightyear scores $8.5m seed funding as it begins investment app roll-out
UK commission-free stock trading app Lightyear has pulled in $8.5m from a seed funding round led by Mosaic Ventures.
Xendit enters unicorn club following Tiger Global-led Series C
Indonesia payments firm Xendit has reeled in $150m from a Series C funding round and has pushed its valuation over the $1bn mark.
InsurTech iCover secures funding to expand footprint, bolster expertise
Missouri-based underwriting platform iCover has raised an undisclosed amount of seed funding from a number of unnamed backers.
Papaya Global snares $250m in Insight Partners-led Series D
Workforce management platform Papaya Global has raised $250m from a Series D funding round led by Insight Partners and Tiger Global.
B2B payments firm Springque rakes in $1.7m
PayTech firm Springque has raised $1.7m from a funding round as it aims towards processing $100m in payment transactions next year.
Vouch inks $90m in funding and expands insurance footprint
Business insurance firm Vouch has raised $90m in new funding as well as bolstering its reach in the InsurTech market.
Evolon Technology reels in $16m from Series A round
Security company Evolon Technology has secured $16m from a Series A funding round to help it further accelerate growth.
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