Canadian InsurTech Foxquilt closes its seed round on $3.5m

Canada-based InsurTech platform Foxquilt has closed its seed round on $3.5m, which will be used to enhance its technology and data science.

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.

Insurance firm MATRIX Greece teams with Novidea to improve its digitisation

Novidea will supply its technology to MATRIX Greece to help the insurance firm offer it end-to-end digital support.

These 36 FinTech deals from the last week show that the sector is not...

While the downfall of Wirecard may the big story in the FinTech industry, it would be a mistake to not take a closer look at the investment rounds announced in the sector over the past seven days.

InsurTech platform Felix secures $800,000 in its seed funding round

Dubai-based InsurTech platform Felix has reportedly collected $800,000 in its seed funding round, which was led by the Oman Technology Fund.

InsurTech Just Auto Insurance bags $5.7m in funding round

California-based InsurTech Just Auto Insurance has announced the closure of a $5.7m round led by ManchesterStory.

Lemonade’s shares soared more than 138% in its first day of trading publicly

InsurTech Lemonade has started trading after a much anticipated initial public offering (IPO) and the debut has so far proven a hit.

Galytix secures undisclosed amount in a post-angel equity investment round

Artificial intelligence-powered FinTech Galytix has secured a post angel equity investment of an undisclosed amount to support its next phase of growth, including sourcing new talent to its team.

MAPRE RE to collaborate with cyber risk company Kovrr

Cyber risk modelling startup Kovrr is going to use its solutions to analyse the accumulated cyber risk exposure for MAPRE RE.

Layr scores $5m in its seed round as it looks to enhance its AI...

Layr, which helps small businesses customise commercial insurance bundles, has bagged $5m for its seed round.

News Stories

ESMA updates its data reporting guidance document for MiFIR

On Wednesday July 8, the European Securities and Markets Authority (ESMA) announced that it had updated its document on data reporting under the Market in Financial Instruments Regulation (MiFIR).

ESMA updates its guidance regarding data reporting under EMIR

The EU’s securities markets regulator has updated its questions and answers document on practical questions regarding data reporting issues under the European Markets Infrastructure Regulation (EMIR).

Saudi Arabia-based Lean said to raise $4.5m in its seed round

Saudi Arabia-based Lean has reportedly raised $4.5m in a seed funding round, which was led by RAED Venture.

ESMA updates it Q&A on transparency issues under MiFID II and MiFIR

The EU’s securities markets regulator has updated today its questions and answers regarding transparency issues under the Markets in Financial Instruments Directive (MiFID II) and Regulation (MiFIR).

Insurtech UK and Seedrs team up to help promising startups connect with traditional insurers

The trade body Insurtech UK has partnered with investment platform Seedrs to connect emerging InsurTechs with investors and investors in an effort to encourage adoption of new technology.