Tag: Market Expansion

SageSure, a leading managing general agent in catastrophe-exposed insurance markets, has announced a definitive agreement to acquire GeoVera Advantage Insurance Services, from GeoVera Insurance Holdings, a specialty property insurance provider.

Tuum, a leader in next-generation core banking technology, has recently announced a significant investment from Citi Ventures, the venture capital arm of the globally renowned Citigroup.

Bold, a pioneering financial technology company headquartered in Colombia, has successfully secured a substantial $50m in Series C funding.

Sunbit, an acclaimed pioneer in the FinTech industry, recently announced a major milestone, securing a $310m debt warehouse facility.

Objectway, which specialises in delivering comprehensive as-a-service software and services tailored for banks, wealth, and asset managers, has acquired Nest Wealth, a distinguished Canadian firm known for its leading digital WealthTech solutions.

DailyPay, the trailblazer in the on-demand pay sector, has secured a staggering $175m. This financial infusion is a blend of a $75m equity round and a $100m increase in an existing secured credit facility, with the additional financing generously provided by banking giant Citi.

Splitit, an innovative white-label, fully-embedded payments technology that lets customers pay in installments using their existing cards, has successfully secured the first $25m of a substantial $50m growth commitment from Motive Partners.

PayGround, a trailblazer in the healthcare FinTech payments sector, recently closed a $19.7m oversubscribed Series A financing round.

Northern Reinsurance SPC, a balance sheet reinsurer based in New York and Cayman, has successfully increased its committed capital by securing an additional $50m in funding.

ID Finance, a prominent FinTech company, has achieved a significant milestone by securing a €12m credit line from a listed bank.