Tag: US

Next Insurance doubles its valuation to $4bn after fresh investment

InsurTech unicorn Next Insurance has doubled its valuation to $4bn, following the close of a new $250m investment round.

Industry responses to the US’ new Anti-Money Laundering Act 2020

The US Congress passed the Anti-Money Laundering Act 2020 and could be one of the most impactful changes to AML for two decades.

MoCaFi, Mastecard partner to bring alternative financial services to underserved communities

Mobility Capital Finance (MoCaFi), a mobile-first banking platform, has secured an investment from Mastercard, as well as the start of a new partnership with the payments giant.

Challenger bank aimed at Black Americans First Boulevard closes $5m seed...

First Boulevard, a challenger bank aim at Black Americans, has reportedly raised $5m in its seed round.

MoneyGram steps back from partnership with Ripple over SEC lawsuit

Remittance firm MoneyGram suspends trading on Ripple’s payment platform, RippleNet, citing the ongoing $1.3bn lawsuit filed by the U.S. Securities and Exchange Commission (SEC).

Circulo receives $50m to support the creation of its platform

Circulo, a new Medicaid Manage Care insurance platform, has lunched with the support of a $50m funding round.

InsurTech startup KindHealth nets $4m in funding

Texas-based health insurance platform KindHealth has bagged $4m in its latest funding round, which help it continue its growth during 2021.

Gravy closes Series A round to support growth of its platform...

Gravy, which provides failed payment recovery services, has closed its Series A on $4.5m.

Finance management FinTech Carefull collects $3.2m seed round

Carefull, a FinTech aimed at helping families and caregivers organise daily financial matters for aging loved ones, has collected $3.2m in its seed round.

UpEquity closes its Series A comprised of both equity and debt

UpEquity, a mortgage platform that aims to improve the home purchasing experience, has closed its Series A round on $25m.

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