Tagged: technology

Allianz Insurance Announces New Partnership With Insurtech Dinghy

Allianz Insurance announced on Monday it has formed a new partnership with on-demand insurtech startup Dinghy to provide business insurance to the freelance market. According to Dinghy the number of freelancers has increased and so has the diversity of the workforce. The insurtech explained that… Read More

Crowdcube Alum & Mobile Tech Platform Thyngs Now Seeking £250,000 in Funding on Seedrs

Thyngs, a UK-based mobile technology platform, is now seeking £250,000 through its new equity crowdfunding campaign on Seedrs. This new funding round comes less than two years after Thyngs raised £301,310 through its Crowdcube campaign. The company is offering 4.77% in equity at a £4,992,476… Read More

UK Fintech Provider Sonovate Raises £110 Million in Debt & Equity Financing

Sonovate, a UK-based fintech provider, announced on Monday it raised £110 million through its latest debt and equity financing round, which was led by M&G Investments, MXB Holdings Inc, Dawn Capital, and Rocket Internet SE. Founded in 2012, Sonovate reported it has created an end-to-end… Read More

Insurtech Startup Kin Insurance Secures $47 Million Through Latest Investment Round

U.S. insurtech startup Kin Insurance announced on Wednesday it secured $47 million through its latest investment round. According to Kin, the funds will be used to launch its Kin Interinsurance Network, a Florida home insurance carrier. Founded in 2016, Kin describes itself as insurtech startup… Read More

U.S. Insurtech Semsee Completes Pilot Program; Two Dozen Agencies Use Platform to Quote Business Owners Policies & epsent $450,000 in Premiums

Semsee, a U.S.-based insurtech startup that is focused on streamlining workflows for independent insurance agents and wholesalers, announced today the end of a successful three-month pilot program. Founded in 2017, Sense describes itself as an independent insurance agent’s go-to platform for quoting small commercial business… Read More

Visa Set to acquire Technology Solutions Company Verifi

Visa (NYSE: V) announced on Friday it has signed a definitive agreement to acquire Verifi, a technology solutions company that reduce chargebacks. Visa reported it will integrate Verifi’s enhanced chargeback tools with Visa’s risk management services, including those delivered by CardinalCommerce and CyberSource. “Buyers, sellers,… Read More

Overfunding: Nanusens Latest Crowdcube Round Surpasses £200,000 Funding Target & Now Nears £350,000

Less than six months after securing €1 million through its previous Crowdcube round, Spanish nanotechnology company Nanusens has returned to the equity crowdfunding platform and has surpassed its £200,000 initial funding target. The funding round is now nearing £350,000 from more than 400 investors. As… Read More

AI Fintech Chatbox Plum Secures $4.5 Million Investment; Surpasses 400,000 Users & Launches on iOS

Plum, an artificial intelligence (AI) chatbot for personal finance, announced on Thursday it has achieved 433% user growth in one year, growing from 75,000 to 400,000 users, and has attracted a $4.5 million investment that brings total investment in the firm to $6.3 million. The… Read More

Canadian Insurtech Breathe Life Secures C$4.5 Million Through Latest Seed Funding Round Led By Diagram Ventures

Breathe Life, a Canada-based insurtech startup, has recently secured C$4.5 million through its latest seed funding round, which was led by Diagram Ventures with participation from Real Ventures. Founded in 2017, Breathe Life reports that its platform delivers a “modern customer-centric experience” with tools and… Read More

Insurtech Startup Hippo Insurance Partners With Neptune Flood to Create Online Home & Flood Insurance Solution

Insurtech startup Hippo Insurance announced on Thursday it has teamed up with Neptune Flood, a data-driven flood insurance company, to launch a new online home and flood insurance solution. Launched in 2017, Neptune Flood allows users to quote and buy flood insurance in under two minutes, removes the… Read More

Update: Environmental Tech Safe Solvents Secures More Than £1 Million During the Final Days on Crowdcube

Safe Solvents, a UK-based environmental technology company, is set to close its equity crowdfunding campaign on Crowdcube with more than £1 million from over 200 investors. The round was launched last month, originally seeking a minimum of £800,000. As previously reported, Safe Solvents was founded in 2015  and… Read More

Overfunding: Environmental Tech Company Safe Solvents Quickly Surpasses £800,000 on Crowdcube

Safe Solvents, a UK-based environmental technology company, has successfully secured its initial £800,000 funding target on equity crowdfunding platform, Crowdcube. Launched in 2015, Safe Solvents reports that it researches, designs, formulates, and manufactures its own range of parts washing machines and advanced solvent replacement products in… Read More

AXA Venture Partners Secures $150 Million For Second Early Stage Fund

AXA Venture Partners (AVP) a venture capital firm investing in high-growth technology companies, announced on Tuesday it secured $150 million for its second Early Stage Fund (AVP Early Stage II). AVP reported that its first Early Stage Fund, which is a $110 million vehicle that was… Read More

Modo Announces Expansion of Technology Partnership With Plaid

Canadian fintech Mogo Finance Technology announced on Wednesday it is expanding its technology partnership with Plaid. Modo reported that it is using Plaid’s API technology to enable more convenient access to its products and help more users to gain control of their financial health. While sharing… Read More

Update: Verv Surpasses £1 Million in Funding Through Latest Crowdcube Round

UK tech startup Verv has successfully secured more than £1 million through its latest equity crowdfunding campaign on Crowdcube. The round, which was recently extended, originally sought to raise £350,000 and has attracted nearly 565 investors.  As previously reported, Verv has developed an intelligent energy assistant which… Read More

Update: Verv Extends Latest Equity Crowdfunding Round on Crowdcube

UK tech startup Verv announced earlier this week it has extended its latest equity crowdfunding campaign on Crowdcube. The initiative, which originally sought to raise £300,000, comes less than a year after the company raised £1.1 million through its previous Crowdcube campaign.  As previously reported, Verv was launched in 2014 and stated… Read More

Overfunding: Verv Secures £350,000 Funding Target & Now Nearing £500,000 on Crowdcube

Just a few weeks after launching its latest equity crowdfunding campaign on Crowdcube,  UK tech startup Verv has successfully secured its initial £350,000 funding target and is now nearing £500,000. The funding round comes less than a year after the company raised £1.1 million through its… Read More

Accenture Opens Canada Innovation Hub in Toronto

Accenture (NYSE: ACN) announced earlier this week it opened its new Canada innovation hub in the heart of Toronto’s business and technology district to help clients grow, compete and transform in the digital economy. Accenture reported that as part of its investment in Canada, it… Read More

BNP Paribas Set to Bring Apple Pay to Customers in Belgium

BNP Paribas, the global Top-10 bank headquartered in France, announced on Wednesday it is set to bring Apple Pay to customers located in Belgium. The news comes after the banking group brought Apple Pay available to its clients in the USA in 2016, followed by… Read More

Verv Returns to Crowdcube: UK Tech Startup Seeking £350,000

Just a little over a year after securing more than £1.1 million on Crowdcube, UK technology startup Verv has returned to the equity crowdfunding platform with a goal to raise a minimum of £350,000. As previously reported, Verv was launched in 2014 and has developed an intelligent energy… Read More

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