Sector Updates

InsurTech Breeze closed a $10m Series A funding round led by Link Ventures with participation from Northwestern Mutual Future Ventures, Silicon Valley Bank, M25, Fiat Ventures and Invest Nebraska.

Payment management company Plooto has reportedly collected CAD 8m ($6.3m) in its Series A round, which was led by FINTOP Capital.

Tumelo, a transparency and engagement solution for investors, has scored £1m in its seed funding round.

Low Code No Code (LCNC) software, a transformative innovation in the realm of application development, caters to individuals lacking coding experience. These platforms offer intuitive drag-and-drop interfaces, enabling users to craft applications effortlessly. InsurTech Ushur delves into the fundamental aspects of LCNC software, exploring its significance, key components, and the potential impact on businesses.

San Francisco-based Origin reportedly just raised $12m in a Series A round Led by Felicis Ventures.

Bitcoin exchange Bitstamp has picked Onfido to provide to its ID verification during onboarding to meet KYC and other regulations.

Interswitch, which is pioneering the shift to digitised payments, has scored $110m in funding.

Banking-as-a-service (BaaS) company Synctera has formed a partnership with the National Bank of Canada, alongside the close of a $15m strategic investment. The investment was...

InsurTech company Quotall has exceeded the target of its crowdfunding campaign, pulling in £356,581, at the time of writing.

Corporate spend management firm Brex raised $425m in Series D funding, doubling its private valuation from a year ago at more than $7.4 bn.