Insurtech startup Honey Insurance secures a record $108 million in Series A funding led by Gallatin Point Capital
Honey Insurance has completed a $108 million funding round led by Gallatin Point Capital, the largest Series A ever raised in Australia.
Australia’s fintech activity falls 76% to A$910 million amidst global slowdown
Australia saw a 76% drop in fintech deal value in 2023 to US$587.5 million (A$910 million), while the deal count fell by a third to 95 transactions.
UK insurtech hyperexponential raises $73m Series B and announces US expansion
UK insurtech hyperexponential today announced the completion of its $73 million (£57.2 million) Series B funding round.
Sweden’s Brite Payments raises $60 million to accelerate instant bank payments across Europe
Brite Payments has announced a $60 million funding round led by Dawn Capital and joined by Headline and existing investor Incore.
Global fintech funding falls to US$52.4 billion, but it’s not all bad news: KPMG Pulse of Fintech – H1 2023
According to the H1’23 edition of KPMG’s Pulse of Fintech, a number of sectors attracted robust funding during the first half of 2023.
NomuPay raises over €50 million to provide global enterprises with an ‘all access pass’ for payments
NomuPay, a modern end-to-end payment platform purpose built for expansion into regions of high cross-border and ecommerce growth, has raised in excess of €50 million.
UAE real estate investment platform Stake raises US$8 million
UAE digital real estate investment platform Stake has secured over US$8 million in an oversubscribed pre-series A funding round.
Teen-focused UAE fintech Zywa raises US$3 million
UAE fintech Zywa, a teen-focused startup that’s re-imagining banking for Gen Z in MENA, has completed a seed funding round of US$3 million.
