Sector Updates

Safety Wing, a digital health insurance platform based in Norway, has reportedly scored $8m in a capital injection.

Jakarta-based digital mortgage platform IDEAL has raised $3.8m in a pre-seed funding round.

The EP has voted in favour of new rules which require companies to consider their climate impact and human rights.

Bitcoin institutional trading and clearing platform LedgerX has picked up $11.4m in a Series B round. Miami International Holdings and Chinese fund Huiyin Blockchain Venture Investments led the financing.

Challenger bank Revolut is preparing to submit a banking licence application to the Bank of England.

LexisNexis Risk Solutions has extended its agreement with Mitsubishi Motors North America, which will help drivers access better insurance premiums.

South African Insurance major Santam has made a minority investment in InsurTech start-up CTRL. Ctrl provides short-term car and house insurance through an independent advice app,...

Peer-to-peer financing platform CapBay has reportedly raised $20m in its Series A round, which was supported by Singapore-based venture firm KK Fund.

There will be 5.2 billion digital wallet users by 2026 – up from 3.4 billion in 2022 – as ‘superapps’ drive adoption in developing countries, according to research from Juniper Research.

Insurity, a renowned provider of cloud-based software solutions for insurance carriers, brokers, and MGAs, and e2Value, a leading figure in web-based property valuation solutions, have teamed up to offer promotional pricing for valuation and replacement cost calculations for insurance organisations.