Funding Platforms

Tokio Marine Holdings, a multinational insurance holding company, has launched the Tokio Marine Future Fund to support early stage startups across InsurTech, FinTech, mobility, healthcare, cybersecurity, AI/ML, climate risk and sustainability.

Liquidity Group, a credit-orientated FinTech platform, has received $775m in capital commitments led by Apollo and MUFG.

Markd has launched as an InsurTech VC and subsequently closed its $100m debut fund to fund early and growth stage startups.

Australian expenses management platform Cape has raised $33.1m in debt and equity financing following a $30m debt facility and a $3.1m equity round.

Novel Capital, a FinTech company helping businesses accelerate growth, has exited stealth with $115m in initial equity and debt funding.

Saudi Arabia-based crowdfunding platform Funding Souq has raised $2.5m in its seed round, which was backed by a host of angel investors.

LiveMore Capital, a mortgage lender to the over-50s, has secured a £275m credit facility from NatWest.

PrimaryBid, the FinTech platform that provides retail investors with fair access to public markets, has closed a $190m Series C investment round.

Passthrough closed a $5m seed round, which the company said will help it provide fund workflow automation, simplifying fund closing.

UK FinTech GoCardless has secured its unicorn status after a $312m Series G pushed its valuation up to $2.1bn.