Policybazaar said to be eyeing an IPO for 2021 which would value it at...

Insurance marketplace giant Policybazaar is reportedly eyeing an IPO for 2021, which would value the business upwards of $3.5bn.

Policygenius unveils new app to help time-strapped customers create wills and buy insurance

Insurance marketplace Policygenius has launched a mobile app that enables consumers to create wills and trusts as well as shopping for life and home insurance on their smartphones.

PasarPolis bags $54m in Series B round

Indonesian InsurTech innovator PasarPolis has secured another $54m in a funding round to improve its AI-based claim automation platform and into its onboarding platform for agents.

InsuranceDekho said to receive $20m investment to increase online presence

Online insurance comparison platform InsuranceDekho has received a $20m investment from its parent company GirnarSoft to increasing branding.

BGL Group launches AI tool to prevent false auto claims

BGL Group has launched an AI-powered counter fraud pre-sale technology solution, which will be capable of identifying criminal activity.

InsurTech Ladder extends partnership with PartnerRe

Ladder, which uses machine learning to underwrite life insurance, has formed a partnership with PartnerRe.

InsurTech100 company Bdeo nets €5m in its funding round

Spanish InsurTech startup Bdeo, which utilises visual intelligence to insurance claims, has received €5m in its latest funding round.

Cyber insurance startup At-Bay secures $34m in its Series C round

Cyber insurance company At-Bay has raised $34m in its Series C round, which brings its total equity raised during 2020 to $74m.

InsurTech100 company ThingCo said to raise $4.2m in funding

InsurTech100 company ThingCo has reportedly closed a $4.2m funding round from BHL Holdings.

Former international rugby player Tom Powell’s FinTech platform BondAval raises $1.64m

BondAval, which aims to democratise access to credit terms, has closed its seed round on $1.64m.

News Stories

LendingClub reveals the strain of seasonal expenses on US financial health

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, and PYMNTS Intelligence have partnered to shed light on the financial challenges faced by US consumers.
Praxent

Robin Smith takes on Chief Revenue Officer role at Praxent

Praxent, a financial services digital consultancy, has expanded its leadership by ushering in Robin Smith as Chief Revenue Officer. Smith, an enthusiast of FinTech and...
ESMA

ESMA shifts focus: Navigating the digital and green transitions in 2024

The European Securities and Markets Authority (ESMA) has recently unveiled its work programme for 2024.
This week saw the FinTech sector flounder compared to seven days ago, as the space failed to meet the $1bn mark in deals completed.

FinTech sector drops this week with only 24 deals

This week saw the FinTech sector flounder compared to seven days ago, as the space failed to meet the $1bn mark in deals completed.
SEC

SEC reviews Scope 3 emissions in upcoming climate disclosure rules

The U.S. SEC has received feedback against the inclusion of Scope 3 emissions in their proposed climate disclosure rule.

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