Online real estate investment platform BrickVest has closed a £7m Series A funding round led by Berlin Hyp.This investment marks one of the largest Series A investments into the PropTech sector.London-based BrickVest is a pan-European real estate crowd investing platform, which allows users access to institutional-grade investment opportunities from as little as €1,000. The platform real estate companies to...
Cyber risk modelling platform for the insurance sector Cyence has partnered with Allianz Global Corporate & Specialty SE.
Industry Research
Funding to Institutional Investments and Trading companies look set to fall for a third year running
The first three quarters of 2017 saw only $518.2m of funding to Institutional Investments & Trading companies, 71% of the total investment in 2016.Total investments in Institutional Investments & Trading companies increased at a CAGR of 40.9% between 2014 and 2016. In 2016 Institutional Investments & Trading companies received a total of $729.5m, 2.8% less than the total invested...
Industry Research
Investments in French FinTech companies slowed down in Q3 2017 after a strong first half of the year
Total Investments fell by 32.2% QoQ in the third quarter but remained higher than the total capital committed during the same quarter last yearTotal investments in French FinTech companies were up by 1.6% YoY in Q3 2017 due to a $24m deal closed midway through September to Linxo, which has developed a free app to help individuals manage their...
Texas-based insurance distribution and underwriting company MarketScout have launched a $25m InsurTech-focused fund.
On-demand insurance provider Slice Labs has received a new funding round from Munich Re / HSB Ventures, to help with the product’s launch in the US.
FinTech company Crealogix has acquired the artificial intelligence technology of Koemei, which enables automatic conversion of audio and video content into text.It is said that the technology will complement the range of products offered by Crealogix.The technology purchased is regarded to make it easier to exploit multimedia content and make ever-increasing volumes of data available to users quickly.Crealogix Digital Learning...
Mazkara Internet has acquired mobile technology startup BazingaLabs, which has developed an app for users to find and book experiences, in a part equity, part cash deal.Mazkara was founded two years ago and received $2.25m in its third round of funding from Dunamis Venture for flagship product Fabogo, which had been developed by BazingaLabs as well.It previously secured $1m in seed...
Event ticketing and payments company Event Pop Holdings has raised an undisclosed Series A round from the venture capital arms of Intouch Holdings and Beacon Venture.Invent, the VC arm of Intouch Holdings and Kasikornbank, the arm of Beacon Venture were said to be attracted to Event Pop's cashless payment system, Spark.This system allows event organisers launch an 'in house...
A triumvirate of Southeast Asian startups, together with Indonesian media and tech mogul EMTEK Group, are reportedly bidding for digital payments company Fusion.According to Dealstreet Asia, Go-Jek, Grab, Traveloka and EMTEK are interested in the company, which is set to be bought for $20m.Anonymous sources said due diligence is underway and an agreement is said to be expected soon.Fusion operates...
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