Zego to insure e-bikes of grocery delivery platform Dija

Motor insurance provider Zego has teamed up with grocery delivery startup Dija and will insure its fleet of e-bikes.

Vericred scores $23m Series B to help bolster its operational teams

Vericred, which aims to simplify the exchange of health insurance and employee benefits, has closed its Series B on $23m.

Clearcover scores $200m in its Series D funding round

Smart car insurance platform Clearcover has scored $200m in its Series D funding round, which was led by Eldridge.

InsurTech The Zebra becomes a unicorn after $150m round

Austin-based insurance comparison site The Zebra raised $150m in Series D funding led by an unnamed investor pushing its valuation to over $1bn.

The 26 FinTech deals of last week show the unicorns are on the rise

FinTech companies continue to make waves as the last week witnessed a slew of heavyweights scoring millions of dollars with headlines being filled with decacorns and unicorns alike.

Novidea hires ex-broker to head sales department

Insurance company Novidea has appointed Jamie McDonnell to the role of UK sales manager.

PolicyMe offers fully digital platform to buy life insurance in Canada through new partnership

Digital life insurance platform PolicyMe has partnered with Canadian Premier Life Insurance Company to help Canadians buy life insurance digitally.

FOXO Technologies closes funding to help it build insurance that helps keep you alive

FOXO Technologies, which leverages AI-driven bioinformatics and microarray technologies for the life science space, has closed a $10m investment round.

Sikich acquires Process Stream to expand its product suite

Sikich, which designs a range of tools for financial services, has acquired Process Stream to expand its product suite.

InsurTech Fenris Digital hauls in $2.7m to streamline insurance process

InsurTech firm Fenris Digital raised $2.7m in a funding round led by IDEA Fund Partners.

News Stories

Cado Security scores $10m in its Series A, hot off the heels of its...

Cloud-native digital forensics platform Cado Security has scored $10m in its Series A round, which will help it support the “significant demand” for its platform.

N26 enters the insurance space with launch of new product

German challenger bank N26 has entered the insurance space, with customers now able to buy cover, manage plans and initiate claims.

Lloyd’s Lab names the 11 InsurTechs in its latest accelerator cohort

Lloyd’s Lab has announced the 11 companies it has selected for its sixth accelerator programme.

Danish FinTech Cardlay lands €8m from former Mastercard president

Copenhagen-based FinTech Cardlay has secured €8m in capital from Global PayTech Ventures, venture fund managed by former Mastercard executive Javier Perez.

Dating app Manhunt hacked with thousands of accounts leaked

Gay dating site Manhunt revealed a major data breach where a hacker gained access to the account information of the website’s nearly six million users in February 2021, according to a notice filed with the Washington attorney general’s office.
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