RV rental marketplace Outdoorsy banks $120m to boost expansion of its InsurTech arm Roamly
Global online RV rental and outdoor travel marketplace, Outdoorsy, raised $120m in equity and debt financing to drive its growth and expansion of its InsurTech business, Roamly.
InsurTech Redkik reels in fresh investment to transform marine cargo insurance
Global InsurTech with a mission to simplify the marine cargo insurance industry Redkik closed an investment round led by business angel Ilari Schouwvlieger, along with North Karelia Growth Fund managed by venture capital firm Redstone, and StartUp Fund Joensuu.
More depth needed to protect against cyberattacks, US Attorney General claims
US Attorney General Merrick Garland has said the country’s private industry needs to enact better safeguards to avoid consequences in the event of a cyberattack.
Mortgage lending startup Accept.inc inks $90m in debt and equity
Mortgage startup Accept.inc raised $90m in debt and equity led by venture capitalist firm Signal Fire as well as existing seed investors Y Combinator and DN Capital.
Illumio bolsters unicorn status with Thoma Bravo-backed $225m Series F
Cybersecurity company Illumio has grown its valuation to $2.75bn after it raked in $225m in a Series F funding round.
Lendbuzz bags $360m in a round comprised of debt and equity
AI-powered auto finance platform Lendbuzz has bagged $360m in funding, which was comprised of debt and equity.
HKMA unveils new guide to aid banks with RegTech solution implementation
The Hong Kong Monetary Authority (HKMA) has introduced a Regtech Adoption Practice Guide that aims to offer banks with guidance on how to implement RegTech solutions.
BimaPe said to close $545,000 in pre-seed funding
India-based InsurTech company BimaPe has reportedly netted $545,000 in its pre-seed funding round.
Brazilian healthcare firm Grupo Fleury suffers significant ransomware attack
Sao Paulo-based medical diagnostics company Grupo Fleury has revealed it has suffered a ransomware attack that has led to it taking its systems offline.
ESMA proposes changes to supervisory fees
The European Securities and Markets Authority (ESMA) has released technical advice to the European Commission on the supervisory fees charged to credit rating agencies (CRAs).