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Financial
Mitsui Sumitomo hands $350m to Hippo
The property and casualty insuance provider nearly doubled its overall funding with a strategic investment by MS&AD subsidiary Mitsui Sumitomo.
Nov 25, 2020Metromile makes tracks to reverse merger
The Mitsui, China Pacific, AmTrust, Tokio Marine and Intact Financial-backed automotive insurer is teaming with Insu Acquisition Corp. II to form a business with a $1.3bn valuation.
Nov 25, 2020STC Pay charges up with $200m
Western Union, which already partners the Saudi Telecom spinoff on cross-border money transfers, is acquiring a 15% stake in the digital wallet provider.
Nov 25, 2020Tencent takes $150m to Waterdrop
Tencent is reportedly injecting more funding into WeChat-powered healthcare insurer Waterdrop ahead of a potential IPO at a projected $4bn valuation.
Nov 25, 2020Chainalysis charges to $100m series C
The crypto anti-fraud software developer, which counts Mitsubishi UFJ Financial as an investor, has now raised $165m to date.
Nov 25, 2020Fireblocks’ $30m series B sparks global expansion
Swisscom took part in a Paradigm-led round that lifted digital asset wallet developer Fireblocks' total funding to $46m.
Nov 24, 2020True Balance trusts corporates in $28m round
SoftBank Ventures Asia and Naver helped the mobile financial services provider push its overall funding past the $90m mark.
Nov 24, 2020Trust & Will gets $15m bequeathment
Northwestern Mutual Future Ventures was among the new investors in a series B round that took the estate planning app developer's overall funding to $23m.
Nov 24, 2020Northwestern Mutual nudges $20m to diversity initiative
Northwestern Mutual Future Ventures has reserved $20m for strategic investments in startups with black founders and formed a dedicated accelerator.
Nov 23, 2020Satispay settles series C round
Tencent, Square and Telecom Italia unit TIM Ventures co-led an $80.6m round for the mobile payment platform developer alongside a $29.6m secondary investment.
Nov 23, 2020Analysis: Adobe works out a $1.5bn Workfront acquisition
Marketing and imaging software producer Adobe agreed to acquire US-based work management software provider Workfront in a $1.5bn deal, giving quantitative trading firm Susquehanna International Group (SIG) an exit.
Nov 23, 2020Turtlemint turns to corporates to raise $30m
The insurance comparison service will use the cash from the American Family and MassMutual-backed round for recruitment, geographic growth and technology development.
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