Canada-based InsurTech platform Foxquilt has closed its seed round on $3.5m, which will be used to enhance its technology and data science.
France-based InsurTech Koala has scored €1.6m in a funding round led by UK-based incubator and fund Insurtech Gateway.
Novidea will supply its technology to MATRIX Greece to help the insurance firm offer it end-to-end digital support.
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.
Dubai-based InsurTech platform Felix has reportedly collected $800,000 in its seed funding round, which was led by the Oman Technology Fund.
California-based InsurTech Just Auto Insurance has announced the closure of a $5.7m round led by ManchesterStory.
InsurTech Lemonade has started trading after a much anticipated initial public offering (IPO) and the debut has so far proven a hit.
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.
Cyber risk modelling startup Kovrr is going to use its solutions to analyse the accumulated cyber risk exposure for MAPRE RE.
Layr, which helps small businesses customise commercial insurance bundles, has bagged $5m for its seed round.