Search Results for: insurtech investment

Xen Capital Raises US$7.5 Million Series A Led by Headline Asia to Scale Alternative Investment Platform
Investment Services News

Xen Capital Raises US$7.5 Million Series A Led by Headline Asia to Scale Alternative Investment Platform

Fintech News Desk
Xen Capital announces it has raised US$7.5 million in a Series A round led by Headline Asia (formerly known as Infinity Ventures) to scale its B2B2C alternative investment platform. Xen Capital has created an open architecture client management platform for wealth advisors and asset managers, to solve the problem of distribution at scale. Latest Fintech Insights: German......
Ethos
InsurTech News

Insurtech Leader Ethos Adds Independent Board Members from PayPal, Guidewire, Twilio

Fintech News Desk
Ethos, the insurtech leader that’s transforming the life insurance space, has named three independent board members: John Kunze (SVP, Customer Experiences, PayPal) Priscilla Hung (President & Chief Operating Officer, Guidewire) and Khozema Shipchandler (CFO, Twilio). Kunze, Hung, and Shipchandler join Sequoia Capital’s Roelof Botha, Accel’s Nate Niparko, GV’s Tyson Clark,......
Ethos
Finance InsurTech Investments News

Insurtech Leader Ethos Expands C-Suite with first CPO, CFO, CSO and Chief Actuary

Fintech News Desk
Ethos, the insurtech leader that’s transforming the life insurance space, has strengthened its executive bench with three external hires and a promotion to expand its C-Suite, following an investment round totaling $300 million that took its valuation over $2.7 billion. Jennifer Liu has joined as Chief Product Officer, after almost......
Insurtech Carrot's Pay-Per-Mile Auto Insurance Surpasses 300,000 Registrations
InsurTech News

Insurtech Carrot’s Pay-Per-Mile Auto Insurance Surpasses 300,000 Registrations

Fintech News Desk
The result comes after hitting 200,000-mark past May Carrot continues to drive relentless innovation with strong roots across its IT expertise Seoul-based tech-driven Insurance company Carrot General Insurance Corp. has hit another major milestone: it has crossed 300,000 subscriptions to its pay-per-mile auto insurance program. The announcement comes just 28......
Israeli FinTech is Booming: H1/2021 Investments Climb by 260% Compared to H1/2020
Fintech News

Israeli FinTech is Booming: H1/2021 Investments climb by 260% compared to H1/2020

Fintech News Desk
· VC funding hits $2.3B in the first half of 2021, surpassing the 2020 full year total by 28% · FinTech sector figures suggest 2021 will easily overtake 2020 in the number of funding rounds, mega-rounds, acquisitions, and IPOs · Demand for payment solutions grew to 35% of Israeli FinTech......
Insurtech Leader Ethos Raises $100 Million from SoftBank Vision Fund 2
InsurTech News

Insurtech Leader Ethos Raises $100 Million from SoftBank Vision Fund 2

Fintech News Desk
Valuation vaults past $2.7 billion Just two short months after announcing a $200 million Series D round that took its valuation to $2 billion, Ethos, the insurtech leader that’s transforming the life insurance space, has raised an additional $100 million in capital. The new investment from SoftBank Vision Fund 2 brings Ethos’ valuation to $2.7 billion and total......
InsurTech NY Announces Corporate Venture Benchmark Study
InsurTech News

InsurTech NY Announces Corporate Venture Benchmark Study

Fintech News Desk
InsurTech NY, the largest InsurTech community in North America, announced that they will be conducting a benchmark study on Corporate Venture Capital. InsurTech NY has partnered with the IQONIC Hub for Entrepreneurship Research & Education at Tilburg University in the Netherlands to study the organizational structure, best practices, and common themes across insurance......
SIMON Says Hello to Variable Annuities, Expanding the Insurtech’s Marketplace Lineup
InsurTech News

SIMON Says Hello to Variable Annuities, Expanding the Insurtech’s Marketplace Lineup

Fintech News Desk
SIMON now offers variable annuities, one of the most flexible and widely used annuity types, in its Marketplace, delivering powerful analytics for asset allocation and income solutions SIMON Annuities and Insurance Services LLC (SIMON) is pleased to announce the expansion of its annuities platform and digital marketplace for wealth managers with......
MedMira Closes New Equity Investment for Future Growth
Finance Investments News

MedMira Closes New Equity Investment for Future Growth

Fintech News Desk
MedMira Inc. has closed a CAD$ 0.5 million equity investment with a Canadian arm’s length investor. The investment is strictly aimed to increase the Company’s growing operational capacity and represents fully diluted less than 1% of the total shareholding. The transaction was approved by the TSX Venture Exchange. Read More:......
IFAD
Fintech Investments News Risk Management

IFAD’s New Investment Programme to Boost Private Funding of Rural Businesses and Small-Scale Farmers

Fintech News Desk
The Private Sector Financing Programme aims to spearhead an increase in much-needed private investment in small and medium-sized enterprises, farmers’ organizations and financial intermediaries Rural businesses, which are so vital for transforming our food systems, will get a much needed boost from an ambitious new financing programme launched today by......
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