Auto insurance platform Clearcover nets $43m in Series B round
Auto insurance platform Clearcover has closed its Series B round of funding on $43m.
KKR investment gives FinTech business OneStream $1bn-plus valuation
Private equity major KKR has given OneStream Software a valuation of more than $1bn by investing in the company through its buyout and growth funds.
Klarna expands partnership with Wayfair
Arguably Europe’s most valuable FinTech unicorn Klarna is expanding its partnership with Wayfair, the online home shopping platform.
Brazilian POS company StoneCo files for IPO in US
Brazil-based payments processor StoneCo has registered for an IPO of its Class A common shares in the US.
Hiscox to improve insights into cyber risk following new deal
Specialist Insurance firm Hiscox has integrated the cyber risk analytics services of CyberCube to improve its insights into potential systemic cyber risk.
InsurTech platform Koala scores €1.6m in funding round led by Insurtech Gateway
France-based InsurTech Koala has scored €1.6m in a funding round led by UK-based incubator and fund Insurtech Gateway.
PPRO Group closes $50m round led by PayPal
UK-headquartered PPRO Group, a cross-border payments processor, has closed an investment round of $50m.
Cashboard lands €3m for wealth management platform
German wealth management startup Cashboard has raised €3m in a Series A round led by Digital Space Ventures. Investment also came from existing backers.
Properly closes Series A on CAD $22m in Series A comprised of debt and...
Properly, a Canadian PropTech platform, has closed its Series A round on CAD $22m ($16m) made up of both equity and debt.
Traditional banks who don’t innovate could lose $280bn by 2025
The global payments industry could cash in on an additional $500bn by 2025, but at the same time old school bankers could lose $280bn of that by not adopting new technology.
