Auto insurance platform Clearcover has closed its Series B round of funding on $43m.
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.
Arguably Europe’s most valuable FinTech unicorn Klarna is expanding its partnership with Wayfair, the online home shopping platform.
Brazil-based payments processor StoneCo has registered for an IPO of its Class A common shares in the US.
Specialist Insurance firm Hiscox has integrated the cyber risk analytics services of CyberCube to improve its insights into potential systemic cyber risk.
France-based InsurTech Koala has scored €1.6m in a funding round led by UK-based incubator and fund Insurtech Gateway.
UK-headquartered PPRO Group, a cross-border payments processor, has closed an investment round of $50m.
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, a Canadian PropTech platform, has closed its Series A round on CAD $22m ($16m) made up of both equity and debt.
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.