Tag: Allianz X

Allianz X, the digital investments arm of Allianz Group, is to acquire 100% of the shares in InsurTech simplesurance.

OpenGamma, which is on a mission to transform treasury within financial markets, has closed a $21m in funding.

Pie, a tech-enabled provider of worker compensation insurance to small businesses, has launched a pay-as-you-go billion solution.

Fundbox, an AI-powered financial platform for small businesses, has collected $100m in its Series D funding round, which brings its valuation to $1.1bn.

Pie Insurance, an InsurTech specialised in workers’ compensation for small businesses, has closed its Series C round on $118m.

Online investing app Wealthsimple has reportedly joined the ever-growing list of FinTech unicorns, after the close of a $114m investment.

The digitalisation efforts the insurance industry is seeing as a result of the coronavirus pandemic is not new, it’s just accelerating an existing trend, according to a recent webinar.

German challenger bank N26 has extended its Series D round with another $100m to strengthen its position in the days of COVID-19.

Allianz X has acquired a majority stake in ControlExpert, an automobile claims management platform.

Fundbox, a B2B payments and credit network, has raised $176m in its Series C growth equity round and a $150m credit facility.