Senior hires highlight staff expansion at RealtyMogul
RealtyMogul.com, an online marketplace for commercial real estate investing, announces new CTO and VP of marketing. Read more: www.businesswire.com
InsurTech companies are the new FinTech leaders
Funding for insurance technology startups is outpacing the sector as a whole, according to industry analysis. Read more: insurtechnews.com
LendUp raises $47.5m to expand credit card offering
Online lending and credit startup LendUp has raised $47.5m in a Series C round led by Y Combinator’s Continuity growth fund.
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: www.propertycasualty360.com
Buzzmove picks up $7.7m for property insurance
Buzzmove, a UK PropTech and insurance startup, has raised a fresh £6m ($7.7m) in a sizable seed funding round led by White Mountains Insurance Group.
Lancai scoops up $27m for personal investments
Personal investments firm Lancai has raised ¥180m ($27m) in a Series B round of funding from Chinese online video firm LeEco.
FinTech startup to launch mass market robo-adviser
UK FinTech startup Munnypot has soft launched a robo-advice service designed to cater for the mass market at a fraction of the cost of traditional advice. Read more: www.professionaladviser.com
Instavest takes $1.7m for social trading platform
Social investing platform Instavest has raised $1.7m in a seed round having graduated from Y Combinator.
UpGuard locks down $17m for cybersecurity insurance
Australian insurance firm IAG has invested in Sydney-founded cybersecurity firm UpGuard’s $17m Series B round.
Mondo plans to raise $19m to $26m for full banking licence
UK challenger bank Mondo plans to raise a further £15m ($19.4m) to £20m ($26m) as it seeks to have the restrictions on its newly awarded banking licence lifted.