Tag: US

InurTech startup Lemonade has secured funding from global insurance giant Allianz. The terms of the deal are undisclosed.

Payments company Square is taking struggling social app Yik Yak’s development team off its hands for $3m.

Open banking compliance platform Token has secured a $15.7m investment from investors as the introduction of PDS2 nears.

US stock exchange Nasdaq is launching a venture fund to explore potential FinTech investment and strategic partnership opportunities.

Health insurance startup Better has raised $1.1m in a seed funding round. Initialized Capital led the investment with Designer Fund and angel investors also participating.

Mortgage tech provider to lenders MortgageHippo has secured $2.5m in a Seed round of funding. The investment comes from CMFG Ventures, the VC are of CUNA Mutual Group.

Blockchain-as-a-service company Factom has extended its Series A round to more than $8m. Peeli Ventures, Harvest Equity and a number of local Austin investors joined the extended round.

Private equity firm Silver Lake Partners has raised $15bn for its fifth tech-focused fund. The fund’s investors are undisclosed.

Oak HC/FT has closed its second fund with $600m to invest in healthcare and FinTech as well as areas where the two industries overlap.

Eniac Ventures has closed its fourth fund with $100m to invest in Seed-stage opportunities. The firm has offices in San Francisco and New York.