InsurTech

23 FinTech investment rounds to make the news over the past seven days

Stripe's whooping $600m Series G expansion wasn't the only investment round completed by a FinTech company over the last week.

The global InsurTech market to be worth $10.14bn by 2025 as traditional insurers embrace...

In 2019, the global InsurTech market was valued at $5.48bn. Now, new research has suggested that figure could jump to $10.14bn by 2025, representing a compound annual growth rate of 10.8%.

OneDegree becomes Hong Kong’s first licensed fully digital insurer

Digital insurance platform OneDegree has reportedly become the first company to receive a virtual insurance license from the Hong Kong Insurance Authority.

Tide teams up with Hokodo to protect invoice payments

SME bank Tide has teamed up with InsurTech platform Hokodo to release the Invoice Protection service.

BlockClaim rebrands after closing its second seed round

Insurance claims platform Sprout.ai has rebranded from BlockClaim alongside the close of its second seed round.

Data platform Clareto partners with Diameter Health

Clareto, which acquires electronic health data for insurance underwriting, has partnered with clinical data normalisation platform Diameter Health.

Parsyl launches insurance service after closing Series A round

Parsyl, a supply chain data platform, has collected $15m in a new funding round which coincides with the launch of its new insurance product.

Zetta Venture Partners has raised a $180m to keep supporting AI-powered startups like Tractable

Having already backed InsurTech startup Tractable, Zetta Venture Partners is looking for more AI-powered ventures to support with its new $180m fund.

HSA Bank forms a partnership with Jellyvision

HSA Bank has formed a partnership with financial advice platform Jellyvision to help create a new Health Savings Account (HSA) product.

Blink Parametric launches new travel insurance solution Blink Luggage in the midst of COVID-19

Despite the coronavirus having wreaked havoc on the travel industry, InsurTech Blink Parametric has unveiled a new solution for weary travellers.

News Stories

Over $3bn raised in this week's 29 FinTech funding rounds

Over $3bn raised in this week’s 29 FinTech funding rounds

Over $3bn was raised by FinTech companies this week, supercharged by a colossal €1.5bn raised by UK-based SumUp. 
Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena, a pioneering FinTech company known for its cloud-native, API-led microservices-based multi-product platforms, has appointed Rajesh Mehta to its Growth Advisory Board.
League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League Data and Mambu have embarked on a groundbreaking journey to transform the Canadian financial landscape by introducing advanced cloud banking solutions to credit unions.
Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint, known as the world's most accurate device intelligence platform, is partnering with Oscilar, a leader in AI-driven risk and fraud management.
Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English, an online English-learning platform operating in over 30 countries, and dLocal, a leading cross-border payment platform specializing in high-growth markets, have recently announced a significant partnership.

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