Capital One UK taps YuLife in new insurance partnership to bolster employees’ wellbeing

UK financial services provider Capital One partnered with YuLife to reward employees for healthy behaviour through YuLife's tech-based life and wellness insurance package.

Virgin Galactic chairman backs connected car insurance startup Flock in $17m Series A round

Flock, a London-based InsurTech startup that provides usage-based insurance for fleets of commercial vehicles, has raised $17m funding in Series A round bringing its total funding to $22m.

Guros hits $30m valuation after close of latest funding round

Guros, an InsurTech helping transform buying insurance in Latin America, has netted $5.8m in funding, which puts its valuation at $30m.

InsurTech Spot reels in $17.5m in funding to save consumers from medical debt

Digital insurance startup Spot has raised $17.5m in funding, including $15m in equity and $2.5m in debt led by GreatPoint Ventures.

FRISS collects $65m in its Series B funding round

FRISS, an AI-powered end-to-end fraud prevention and detection solutions for P&C insurers, has collected $65m in its Series B round.

Agentero inks $13.5m to expand its digital insurance network for agents

Digital insurance network Agentero raised $13.5m in Series A funding led by Alma Mundi Ventures to drive growth for independent insurance agencies.

Earnix’s acquisition to help the InsurTech bolster its UBI/BBI solution

Insurance software company Earnix acquired AI telematics provider Driveway Software's assets to scale up its Usage-Based Insurance (UBI) and Behavior-Based Insurance (BBI) solutions.

Cyber Insurance tech platform At-Bay joins unicorn club after Series D close

At-Bay, a cyber insurance platform, has closed its Series D on $185m and brings its valuation to $1.35bn.

InsurTech aimed at emigrants asistensi said to raise €8.9 investment

Spain-headquartered InsurTech company asistensi has reportedly collected €8.9m in a funding round, which was led by 468 Capital.

Why investors are betting on crypto firms and InsurTechs based on the 22 rounds...

Last week proved to be profitable in terms of FinTech investment, with the rounds revealing the state of cryptocurrency and InsurTech sectors.

News Stories

Microsoft underlines heightened concern from call centre ransomware scheme

Microsoft has claimed a ransomware campaign employing bogus call centers to trick victims into downloading malware may be more dangerous than previously thought.

Crypto banking platform Matrixport hits unicorn status

Matrixport, which claims to be one of Asia’s fastest growing digital asset platforms, has joined the unicorn club, after it closed a Series C round.

Flood insurance firm reThought Insurance bags Series A funding

reThought Insurance, a digital MGA aimed at the flood insurance market, has closed its Series A round on $15.5m.

India unveils new digital currency, Nigeria eyes e-currency launch in October 2021

India has introduced the e-RUPI, which is a cashless and contactless digital payment system to support the global shift towards digital payments.

Amazon slapped with record $887m fine for data privacy breach by EU agency

Amazon has been issued with a fine of $887m by a European privacy watchdog for breaching the bloc’s data protection laws.

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