Friday, December 1, 2023

Zeninsurance picks up $1m for SME coverage

Commercial insurance startup Zeninsurance has closed it $1m seed round led by Ferst Capital Partners. Read more:

InsurTech: A challenge to and opportunity for insurers

The insurance industry has remained much the same for more than a century but technology pushes it to change. Read more:

Clinc grabs $6.3m for voice-controlled smart assistant

AI-powered financial assistant Clinc has picked up $6.3m in a Series A round led by Drive Capital. Read more:

SmartAssets banks $12m for financial advice

Financial advice startup SmartAsset has raised $12m in a Series B round of funding led by IA Capital Group. Read more:

China in midst of InsurTech boom

While China’s FinTech boom continues unabated, another fast-growing phenomenon has gone almost unnoticed — so-called InsurTech. Read more:

FinTech’s license to fail

Mondo received a commercial banking license in the UK. But that comes at a price. Read more :

Contego snaps up Right-to-Work solution Working Status

UK RegTech platform Contego has acquired compliance software maker Working Status. The financial terms of the deal are undisclosed. Read more:

Holiday Crowd snags £290,000 for rental property investment

Online property investment platform Holiday Crowd has raised £290,000 in a Seed round from angel investors. Read more:

Micro-insurer BIMA lands $16.8m to grow in Asia

Asian telecom giant Axiata group is pumping $16.8m into microinsurance startup BIMA. The Swedish startup already works alongside the firm in several markets. Read more:

Robo goes multi-currency and beyond ETFs

As a result, ETFmatic customers in 17 countries in Europe can now open and add extra currency portfolios in pounds, euros and US dollars. Read more: