Tag: QED Investors

CoverForce revolutionises commercial insurance with one-click buying and $5m seed funding

Emerging from stealth mode, InsurTech company CoverForce has introduced a dynamic suite of products tailored for agency networks, wholesalers, and software firms. The company's objective is to digitise an offline market, offering swift and accurate insurance comparisons and purchases with a single click.

FinTech companies account for 20% of new unicorns in September 2023

Overall there were five new unicorns announced across all sectors in September 2023 with one being FinTech, a 20% share of new unicorns. Kin Insurance,...

Teamshares attains a staggering $245m from top VC firms

Teamshares, the pioneering market leader for small business employee ownership, has made headlines with its latest funding announcement.

40Seas’ seed funding swells to $17m in push for digital cross-border...

40Seas, an 'Order Now, Pay Later' cross-border digital financing platform, has declared it has secured an extra $6m in their Seed funding.

Efficient Capital Labs raises $7m to fuel B2B SaaS business growth

Efficient Capital Labs (ECL), a FinTech organisation providing non-dilutive capital to B2B SaaS enterprises operating along the South Asia-U.S. axis, recently secured a significant $7m in a Pre-Series A round.

Capital markets infrastructure firm Kanastra bags $13m in seed raise

Kanastra, a FinTech company in Brazil's capital markets infrastructure landscape, recently announced a significant financial milestone.

Skorlife, Indonesian FinTech start-up, secures $4m in seed funding

Skorlife, the Indonesia-based FinTech start-up focused on improving credit score transparency, has successfully raised $4m in a seed funding round.

Venture capital giant QED Investors secures nearly $1bn for FinTech investments

QED Investors, a prominent global FinTech venture capital firm, has proudly announced its successful closure of two new funds with combined capital commitments totalling $925m.

FinTech revenues predicted to reach $1.5trn by 2030

FinTech revenues are set to grow sixfold from $245bn to $1.5trn by 2030, according to a report from Boston Consulting Group (BCG) and QED Investors. The report suggests that the FinTech sector, which currently holds a 2% share of the $12.5trn in global financial services revenue, is estimated to grow up to 7%. 

Rain bags $115m for employee financial wellness

Rain, an employee financial wellness start-up, has raised $115m in funding, encompassing $66m in equity and $50m in debt.

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