Deal Updates

InsuraGuest has formed a strategic partnership with Venture Insurance Programs to offer cover consumers in hotels.

Algorand, a blockchain and cryptocurrency solution for businesses, has secured $62m in its equity round.

Cybersecurity startup Mailprotector has netted $5m in a growth equity round from Ballast Point Ventures.

Singapore-based Golden Gate has launched LuneX Ventures, a cryptocurrency and blockchain-focused investment vehicle.

Australia-based Tic:Toc, an online home loan platform, has collected $11.5m in its Series B round.

Osano, a company aiming to improve data privacy transparency, has bagged $3m in its seed funding round, alongside its launch from stealth.

The final rules of the EU’s Revised Payment Service Directive (PSD2) snap into action in September. Now Kaleyra, an in-mobile messaging service for banks and companies, and Epiphany, a RegTech startup specializing in PSD2 compliance have joined forces to ensure financial services businesses can comply with the changes.

Toffee Insurance, an Indian InsurTech startup, has reportedly closed a Series A round on $5.5m to support the creation of new products.

Cappitech, a provider of regulatory reporting and intelligence technology, has partnered with fellow RegTech Trax to streamline their MiFID II transaction reporting.

A multi-cloud database DataStax has acquired The Last Pickle, a consulting and services company, for an undisclosed amount.