funding - FinTecBuzz

Accelerant Announces Growth Funding Round in Excess of $190M

January 13, 20226 min

Accelerant, the insurtech empowering underwriters with superior risk exchange and data analytics coupled with long-term capacity commitments, today announced it has raised in excess of $190 million at a $2 billion pre-money valuation led by Eldridge, with participation from Deer Park, Marshall Wace, MS&AD Ventures, and others. Existing majority investor Altamont Capital Partners also participated in the round. Accelerant will deploy the capital to continue to rebuild the way that underwriters share and exchange risk to improve outcomes for program...

by BusinessWire

Blockchain

Cion Digital Raises $12 Million Seed Funding Round

January 5, 20227 min

Funding round will accelerate Blockchain Orchestration Platform delivery of crypto-backed financing and payment solutions

by PRNewswire

Blockchain

Upbit/Dunamu’s Blockchain Firm Lambda256 Raises $60M Funding

December 17, 20214 min

Lambda256 is a blockchain unit of Dunamu, the operator of Upbit – one of the world's largest cryptocurrency exchanges by volume.

by PRNewswire

Blockchain

Anchorage Digital Raises $350 Mn Led by investment firm KKR

December 15, 20216 min

New round values premier digital asset platform at over $3 billion

by PRNewswire

Payments

Simpl Announces 40M in Series B Funding

December 1, 20216 min

Simpl, a cardless payment network with embedded 1-Tap Checkout, Buy Now Pay Later and Buyer Protection, has raised a $40M Series B round led by Valar Ventures & IA Ventures with participation from LFH Ventures and other internal investors. This investment brings the total capital raised by the company to $83M. With Simpl, online merchants provide consumers an easy, safe and intuitive way to buy. Its flagship product,1-tap Pay Later, enables consumers to buy with a tap and...

by PRNewswire

Crypto Currencies

Gemini Raises $400 Mn in Equity Funding Valuing it at $7.1 Bn

November 19, 20217 min

Led by Morgan Creek Digital, the Raise Will Fuel Global Expansion and Further Gemini's Mission to Empower the Individual Through Crypto

by PRNewswire

Investments

Mathpresso Secures Strategic Investment from Google

November 10, 20215 min

Today, Seoul-based edtech startup Mathpresso announced that it has received an investment from Google. Mathpresso operates its flagship app ‘QANDA’, an AI-powered mobile learning platform for K-12 students. By recognizing text and mathematical formulas in a photo with optical character recognition (OCR) technology, QANDA provides detailed solutions and personalized learning content catered to each user’s level. Since its launch, the app has accumulated over 45 million registered users and 3 billion education data. With the goal...

by PRNewswire

Insurance

CoverGo helps American insurance firms in digitization

October 15, 20215 min

CoverGo, Asia’s no-code insurance technology leader, is expanding to the USA, Canada, and Latin America to help insurance companies digitize to remain agile and relevant in this high-tech era. CoverGo offers a no-code platform for insurance firms to streamline their ecosystem from building products to managing claims. Since January 2021, the company’s subscription revenue has risen by over 400%. To accelerate its international expansion, CoverGo has appointed DP88 as its strategic advisor. The partnership has helped CoverGo secure initial funding for expansion, market insights...

by BusinessWire

Insurance

Vouch Announces $90 Million of Funding

September 13, 20215 min

Vouch Becomes a Reinsurer and Launches Licensed Carrier to Expand Insurance Coverages for Early to Mid Stage Startups

by PRNewswire

Payment Platform

Payment Solution Scalapay Raises $155M Series A

September 10, 20219 min

Enabling 3,000+ merchants to provide delightful purchase experiences

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