UK-based banks and startups alike are preparing for the potential economic turbulence Britain’s departure from the EU might bring - but it’s the latter that are best prepared to react.

Banking innovator Cross River Bank has bagged a $28m growth investment from investment firms Battery Ventures, Andreessen Horowitz and Ribbit Capital.Battery led the round for Cross River, which it said would go towards expanding its technology and product-development teams, and launching new business lines to support the increasing number of companies using new technologies to change the way consumers...

Indio, a commercial insurance platform for brokers, has raised $2m in seed financing to grow its user base and platform.

Carrier billing company Boku has raised $13.7m in new venture funding. The round was led by a consortium of UK investors, including angels Andrew Black and Robert Markwick.

FinTech startup Digital Asset, which uses blockchain technology to make trading more efficient and less costly, has announced several additions to its senior management.

Estonian InsurTech business Insly has raised €1m ($1.13m) from angel investors in a new Seed round.

Digital Asset, a newly-launched company aimed to improve trading through blockchain technology, has racked up $60m in its first financing round.

Pindrop, which uses audio analysis to provide anti-fraud and authentication technology solutions, has raised $75m in a round led by Google Capital.

Crowdfunded smartwatch-maker Pebble is being acquired by fitness tracker Fitbit for as little as $40m. In total the company raised more than $43m through crowdfunding.

German peer-to-peer money transfer app Cringle has surpassed its €400,000 goal to reach a final close of €800,000 on crowdfunding site Companisto.