Boston-headquartered Corvus Insurance, a company that offers artificial intelligence (AI)-enhanced cyber insurance policies for firms, has sold shares worth around $31 million in a $33 million investment round.
The UK and European fintech industries continued to be an attractive proposition for investors in 2019, with a string of big-ticket funding rounds and investments.
Qwil, a startup that provides financing to freelancers and small businesses, has raised $24.4 million in equity and $200 million in debt funding from investors including Jefferies Financial Group Inc, the company said on Wednesday.
Chime, the digital bank, now boasts a valuation of $5.8 billion, after raising $500 million in a fresh round of fundraising.
Finnish fintech lender has struck a partnership with Baltic bank Citadele that will see the former firm fund loans through the peer-to-peer lending platform, which is the largest in the Nordics.