Tag: UK

Tractable pulls in $8m for machine-vision insurance technology

Machine vision InsurTech startup Tractable has raised $8m in a Series A round led by Ignition Partners. Zetta Venture Partners and a host of individual from across the insurance space also participated.

Revolut adds pensions to platform through PensionBee

Banking app Revolut will begin to offer users pensions through a partnership with fellow London startup PensionBee.

RateSetter valued at ?200m following new ?13m round

Peer-to-peer (P2P) lender RateSetter has picked up ?13m in a new round of funding from existing backers.

IoT-based insurer Neos bags ?5m from Aviva Ventures and Munich Re

Connected home insurance company Neos has raised ?5m in a Series A round led by Aviva Ventures and Munich Re.

UK trumps Germany for FinTech investments in Q1 2017

Since 2014 the FinTech industry in Germany has been growing. Figures for Q1 2017 show an increase in funding compared to Q1 last year...

MortgageGym secures ?2m for regulator-friendly robo-advisor

Mortgage robo-advisor MortgageGym has raised ?2m in a Seed funding round ahead of its launch in the summer.

MarketInvoice secures £45m commitment from Portugal’s BNI Europa

Invoicing financing platform MarketInvoice has inked a deal with Portuguese Banco BNI Europa (BNI) to provide £45m in lending commitments annually.

InsureStreet takes £500,000 to replace cash rental deposits

InsurStreet has picked up angel funding for its InsurTech alternative to rental deposits. The London-based company is taking on £512,000 from angel investors.

SalaryFinance secures £40m funding led by Legal & General, Blenheim Chalcot

Employee benefits financial wellbeing business SalaryFinance has secured a £40m investment led by Legal & General and Blenheim Chalcot.

Monzo closes £22m round with £2.5m in crowdfunding

Challenger bank Monzo has wrapped up its latest funding haul with £22m after raising £2.5m in crowdfunding. The London-based attracted a record-breaking 6,5000 investors.

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