Investments

BimaPay Nets $2M to Reform Insurance with Quick-Finance Tech
Regulatory & Compliance BimaPay Nets $2M to Reform Insurance with Quick-Finance Tech

In a significant boost to the financial technology landscape, BimaPay has successfully closed a $2 million investment round led by LC Nueva Investment Partners. This capital infusion is a vote of confidence in BimaPay's innovative approach to insurance financing, which promises to streamline the

How is Cover Genius Redefining InsurTech with Series E Funds?
Startups & Investments How is Cover Genius Redefining InsurTech with Series E Funds?

Cover Genius has emerged as a vanguard in the rapidly evolving InsurTech landscape, announcing an impressive $80 million Series E funding round, setting the industry abuzz. This fresh infusion of capital marks a significant affirmation of the company's potential and its groundbreaking approach to

Insurtech in Flux: Investor Caution Meets Climate Change Tech
Startups & Investments Insurtech in Flux: Investor Caution Meets Climate Change Tech

In an industry that has long been characterized by its conservatism and stability, the insurtech sector finds itself in a state of considerable evolution. The collision of digital disruption with the traditional safe havens of insurance has sparked a new era where technology meets legacy, and

Go Digit Insurtech Set for IPO Launch on May 15 Despite Penalty
Startups & Investments Go Digit Insurtech Set for IPO Launch on May 15 Despite Penalty

Go Digit General Insurance, India's first insurtech unicorn as of 2021, is on the verge of a significant milestone with the scheduled launch of its IPO on May 15. This move comes after a burgeoning journey in the fintech arena, marking a significant public market debut for the technology-driven

How Is CoverTree Changing Insurance for Manufactured Homes?
Startups & Investments How Is CoverTree Changing Insurance for Manufactured Homes?

CoverTree, a Michigan-based insurtech startup, is revolutionizing how insurance products cater to the manufactured housing sector, bringing innovation and technology to the forefront of this once overlooked arena. Traditional insurance models often sideline manufactured homes, regarding them as

Court Greenlights Lawsuit Over BofA COVID-19 Fee Relief Deceit
Data Analytics Court Greenlights Lawsuit Over BofA COVID-19 Fee Relief Deceit

The Lawsuit Unfolds Claims of Deceptive Marketing A legal chapter against Bank of America unfolds as a case over a contentious overdraft fee relief program proceeds in the Northern District of California. Plaintiffs Anthony Ramirez, Mynor Villatoro Aldana, and Janet Hobson allege the bank lured

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