YuLife Raises $120M Series C Round
July 7, 20227 min
Tech-driven insurance company YuLife will use its new capital to fundamentally change how people and businesses around the world derive value from financial products
DigitalBits Blockchain Now Live on Fireblocks
May 13, 20225 min
The DigitalBits blockchain will now be accessible to over 1,200 crypto and digital asset businesses on the Fireblocks Network DigitalBits Foundation, a leading contributor for DigitalBits, protocol layer blockchain prioritizes security, speed, and cost-savings and focused on supporting consumer digital assets, and Fireblocks, the leading enterprise-grade platform delivering a secure infrastructure for moving, storing, and issuing digital assets, announced today the completion of the direct integration of the DigitalBits blockchain with Fireblocks. This integration will provide...
CME Group & CF Benchmarks to Launch 11 Cryptocurrency Reference Rates
April 8, 20229 min
Expanded suite of non-tradable reference rates and indices to capture over 90% of investible cryptocurrency market cap today CME Group, the world’s leading derivatives marketplace, and CF Benchmarks, the leading provider of cryptocurrency benchmark indices, today announced plans to launch 11 new cryptocurrency reference rates and real-time indices, which will be calculated and published daily by CF Benchmarks, beginning April 25. These reference rates and indices are not tradable futures products. They include the following: • Algorand...
The future is now, the future is open- Buckzy Payments Inc
March 21, 20226 min
The concept of open banking continues to gather momentum as an ever-expanding number of players – both financial and non-financial – adopt the technology to gain access to customer data. Anyone with a bank account knows that their financial provider holds detailed records on how much we spend, when we spend it, and what we spend it on. Now, with open banking, this data can be shared with third parties – which in turn is...
Fintech startup Money View raises $75 million in series D funding
March 14, 20223 min
Money View’s Mission: Provide access to world-class financial products to every Indian with a Smartphone Bengaluru headquartered fintech platform Money View has raised $75 million in their series D funding from Tiger Global, Winter Capital, Evolvence India, Accel along with other investors including South Park Commons, Trusted Insight and Dream Incubator. The company is now valued at $625 million. Co-founded by Puneet Agarwal and Sanjay Aggarwal, Money View is a leading online credit platform that offers a full suite of personalized credit products like...
Roamly books over $40 million in premium in the last 12 months
March 14, 20225 min
Global insurtech for embedded insurance surpasses $40 million in premium following a strong year of growth, as sales for its new RV insurance product increased by 222% Roamly, the insurtech for embedded insurance in the travel and enthusiast market, announced today that it has booked more than $40 million in premium over the last 12 months. This milestone follows a year during which Roamly brought its new Pro and Personal products out of beta and saw sales accelerate by...
Binance Launches Payments Technology Company, Bifinity
March 9, 20229 min
Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, has today announced the launch of Bifinity, a payments technology company and its official fiat-to-crypto payments provider. Bifinity’s on- and off-ramp solutions will empower businesses to adopt crypto and reach new audiences with easy, direct fiat-to-crypto transactions. The announcement comes as Bifinity also announced that it has entered into a strategic partnership with EQONEX Limited (NASDAQ: EQOS). As the first digital asset firm with an exchange to...
Everspan Group Acquires Three Admitted Insurance Carriers
January 4, 20222 min
Everspan completes its first year of operations with an established framework for its specialty property and casualty platform
Broadview Group Partners with CPC in its Investment in Millennium
January 3, 20224 min
Broadview Group Holdings, LLC (“Broadview”), a leader in direct middle-market investing, announced today it has partnered with Carlson Private Capital (“CPC”) in its investment in Millennium (“Company”) along with management and other co-investors. Based in Delavan, WI and founded in 2004, Millennium is a leading value-added distributor and service provider to the broadband infrastructure and related industries. The Company provides products and solutions to over 2,500 active customers comprised of networks, contractors, DOTs, municipalities, and utilities. In...
Insurtech MGA Corvus Insurance Partners With CyberCube
November 23, 20214 min
Corvus Insurance, a leading provider of smart commercial insurance products powered by AI-driven risk data, is to use CyberCube’s Portfolio Manager to better analyse and understand cyber risk. In addition to Portfolio Manager, the Boston-based managing general agent (MGA) will also use CyberCube’s Single Point of Failure (SPoF) model and Attritional Loss model as it seeks to grow its business in the current attractive conditions in the insurance market. Corvus Insurance specialises in providing cyber and data breach insurance to enterprises in...