US and European expansion on the horizon for Futora following $6m raise

Israeli FinTech startup Futora has secured $6m in funding to fund product development and build out its sales processes in Europe and the US.

Coconut Software rakes in $22m from Klass Capital-led Series B

Canadian firm Coconut Software has secured $22m from a Series B funding round.

German InsurTech Getsafe extends Series B to accelerate expansion

Digital insurance company GetSafe has secured $63m in funding to extend its Series B total raise to $93m.

Modern Treasury passes $2bn valuation following Altimeter-led Series C

Payments operation software platform Modern Treasury has raised $85m in a Series C funding round led by Altimeter Capital.

InsurTech Voom rakes in $15m funding to expand UBI model

Voom, an InsurTech that provides usage-based insurance (UBI) for e-scooters, e-bikes and related devices, has secured $15m in funding.

EquityBee snags $55m from Group 11-led Series B

California-based firm EquityBee has raised $55m from a Series B funding round led by venture capital firm Group 11.

Homee reels in $17m from oversubscribed Series B-2

Tampa-based InsurTech Homee has raised $17m from a Series B-2, bringing the total raised in the overall Series B round to $36m.

SafeTree looks to extend roots with $1m seed raise

New Delhi-based InsurTech SafeTree has secured $1m in seed funding from angel investors Shams Ahmed Parvaz and Faiz Shams.

Auto InsurTech Loop inks $21m financing to expand into new US states

Auto insurance company Loop has raised $21m in a Series A funding round co-led by Founder Group and 01A.

Quantexa rounds off Series D with BNY Mellon backing

Data and analytics software firm Quantexa has closed off its Series D funding round with a strategic investment from investment banking company BNY Mellon.

News Stories

UBS issued $500,000 fine from CFTC

The Commodity Futures Trading Commission (CFTC) has issued a $500,000 fine to UBS for alleged violations of audio recording regulations.

How onboarding is hindering client experience

A recent blogpost by MyDocSafe has detailed how the onboarding process within wealth management is impacting the client experience through its complexity.

ESMA publishes paper setting out plans to change MiFID II reporting requirements

The European Security and Markets Authority (ESMA) has invited firms to comment on its consultation paper seeking to make reporting requirements changes under MiFID II.

Hiro rebrands as it gears up for international expansion

Hiro, which aims to transform insurance into being prevention-first, has rebranded as Locket as it gears up for international growth.

Banking API provider M2P Fintech picks up $35m Series C

India-based M2P Fintech has secured $35m from a Series C funding round led by US investment firm Tiger Global.

See how insurance firms can use it to personalise their offering

Did you know that by 2025, almost 30% of all data created, captured, or replicated by consumer devices will be created in real-time.

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