Insurance chatbot Hi Marley closes Series A1 on $8m

Insurance chatbot Hi Marley has closed its Series A1 round on $8m and will help it to increase customer engagement

UK InsurTech startup Coverly shuts down

InsurTech platform Coverly is closing up shop and is no longer offering small business insurance.

InsurTech the Demex Group bags $4.2m in seed funding

Climate risk InsurTech the Demex Group has secured $4.2m in a seed funding round led by Anthemis and IA Capital Group.

iptiQ forms partnership with Independer to launch cyber insurance product for Dutch market

White-labelling digital insurance platform iptiQ has teamed up with Netherlands-based online intermediary Independer to launch new products.

Private equity firm Clearlake Capital acquires InsurTech startup Zywave

Private equity firm Clearlake Capital has acquired software-as-a-service provider of front office insurance solutions Zywave from Aurora Capital Partners.

+Simple closes €20m funding round and acquisition of April Enterprise

+Simple, which helps to simplify insurance underwriting, has closed a €20m funding round and the acquisition of wholesale broker April Entreprise.

Fabric closes its Series B round on $18m

Fabric, a digital life insurance app, has closed its Series B round on $18m to help expand its product suite.

India-based Turtlemint said to close its Series D on $30m

India-based digital insurer Turtlemint has reportedly bagged $30m in its Series D round, which was led by GGV Capital.

battleface scores $12m in its second fundraise of 2020

Specialty travel insurance provider battleface has netted $12m in its Series A funding round, which was supplied by US-based venture firm Drive Capital.

More than half of UK firms believe Covid-19 would hurt their business – FCA...

Almost 4,000 regulated firms in the UK were at risk of failing in October and 59% of companies believe Covid-19 will have an adverse effect on their business, according to research from a City watchdog.

News Stories

medius-strengthens-spend-management-offering-through-ai-powered-expensya-acquisition

Medius strengthens spend management offering through AI-powered Expensya acquisition

Medius, an eminent provider of accounts payable (AP) automation based in Stockholm, Paris and Tunis, has disclosed plans to acquire Expensya, an expense management software enterprise.
C6 Bank launches Brazil's first automatic carbon calculator

C6 Bank launches Brazil’s first automatic carbon calculator

C6 Bank, a progressive Brazilian financial institution, has taken a significant step towards sustainable banking by introducing the country's first automatic carbon footprint calculator product.
digital-trade-finance-platform-mitigram-bags-11m-eyeing-accelerated-growth

Digital trade finance platform Mitigram bags $11m, eyeing accelerated growth

Stockholm-based Mitigram, delineated as the pioneering force in the realm of digital platforms dedicated to global trade financing, has raised $11m in fresh funding.
Payrails scales FinOps with $14.4m funding led by EQT Ventures

Payrails scales FinOps with $14.4m funding led by EQT Ventures

Payrails, a Berlin-based FinTech firm providing a robust payment operating system for global platforms, announced today its successful fund-raising effort.
lendingstandard-accelerates-with-a-6-7m-boost-in-funding

LendingStandard accelerates with a $6.7m boost in funding

LendingStandard, a Kansas City-based startup, has secured $6.7m in a fresh funding round. 

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