Tag: GIC
Monzo’s expansion journey: Eyeing a $50m boost from Singapore’s GIC
In a significant development within the FinTech sector, the digital bank Monzo is reportedly on the verge of enhancing its financial and global stature through a strategic stake sale.
UK remains the leading InsurTech hub in Europe as investment nearly...
Key European InsurTech investment stats in 2023:
• European InsurTech deal activity totalled at 126 deals in 2023, a 44% reduction from the previous year
•...
MioTech secures substantial investment to champion climate tech in Asia
MioTech, a trailblazer in sustainability data and software in Asia, announced a significant milestone in its journey. The company, renowned for its innovative approach to climate tech, has successfully completed a new round of financing, solidifying its position in the market.
UK InsurTech funding doubled in 2023 defying global trends
UK InsurTech investment stats in 2023:
• UK InsurTech companies raised a combined $395m in 2023, a 43% increase from 2022
• UK InsurTech deal activity...
UK dominates European InsurTech deals in 2023
Key European InsurTech investment stats in 2023:
• European InsurTech deal activity totalled at 126 deals in 2023, a 44% reduction from the previous year
•...
InterContinental Energy raises $115m to develop green hydrogen projects
InterContinental Energy has announced that it received $115m, including a continued strategic equity investment from institutional investor GIC, and a new equity investment from Hy24.
GIC in talks to lead $40m funding in India’s Vegrow
GIC is in talks to lead a $40m investment in the Indian startup Vegrow, which runs a business-to-business marketplace for fruits.
Digital assets platform FalconX soars to $8bn valuation
Digital assets platform FalconX has soared to $8bn valuation after closing its Series D round on $150m.
India’s CRED raises 4th investment in 18 months
India-based CRED, which rewards users for paying their credit card bills, has reportedly raised $140m in its fourth investment in the past 18 months.
Chainalysis said to double valuation to $8.6bn
Blockchain data platform Chainalysis has reportedly raised $170m for its Series F round, bringing its valuation to $8.6bn.