Tag: California

USA InsurTech deal activity falls nine percentage points more than general...

Key USA InsurTech investment stats in Q1 2024: • USA InsurTech deal activity reached 41 funding rounds in Q1 2024, a 32% drop from Q1...

California homeowners face insurance crisis as Tokio Marine and Trans Pacific...

Thousands of Californians are on the brink of losing their home insurance this summer as two major insurers, Tokio Marine and Trans Pacific Insurance, announce their exit from the state.

California Governor pledges to endorse landmark climate disclosure acts

California is set to bolster its role as a climate leader as Gavin Newsom committed to signing two climate-related disclosure bills into law.

California accounts for more than a quarter of US FinTech deals...

Key US FinTech investment stats in H1 2023: • California was the most active US state for FinTech investmenbt with a 26.8% share of all...

London-based FinTech Upp. bags €9.1m in seed funding

Upp., a burgeoning technology firm based in London, uses AI and ML to redefine online marketing and sales methods for retailers.

Worker’s comp startup Hourly.io nets Series A

Workers’ comp and payroll solution Hourly.io has closed its Series A on $27m, which will help it expand outside of California.

Industry-first no-code insurer CoverGo receives Series A backing

CoverGo, a no-code SaaS insurance platform, has closed its Series A funding round on $15m, as it eyes international growth.

Fvndit has secured a $30m investment

California and Vietnam-based FinTech company Fvndit has secured $30m in a round led by Accial Capital and Variant Investments.

Car insurance app Noblr launches into its sixth US state

Behaviour-based car insurance company Noblr has launched into Louisiana. With this, the InsurTech is now available in six US states.

California’s DOB halts lending capabilities of Sezzle after deeming illegal activity

The California Department of Business Oversight (DBO) has denied point-of-sale (POS) lender Sezzle to offer loans after finding it engaged with illegal unlicensed lending.

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