INTERESTING COMPANIES FOUND

Darwinsurance (2016, Milan) – P2P insurance platform which lets user to have an insurance in a social group. It lets user receives a part of the premium (up to 20%) if the group has no claims. Have partnered with insurers like AIG and ERV.
Bnext (2016, Madrid) – Allows users to open a checking account, deposit money and manage other accounts in other entities. The user can then search on the marketplace of FinTech products. The users can then track their personal accounting.

HIGHLIGHTS OF THE DAY

  • Lemonade, a NYC-based P2P insurance carrier for home and renters insurance, announces strategic investment by Allianz, the world’s largest insurance company. Read More  
  • ING’s multi-purpose mobile payments app Payconiq gets backing from 6 banks for a rollout in Netherlands post a successful pilot and introduction in Belgium. Read More  
  • Japanese investment firm SoftBank in final talks to invest $1.2-1.5B into Indian payments firm Paytm at an estimated valuation of $9B. Read More
  • Beijing-based Bitauto, an online content, marketing and financing platform for the auto industry,secures $1B in a latest funding round from Tencent, Baidu and JD.com for auto financing business. Read More 
  • New Zealand Stock Exchange-listed accounting software-maker Xero lands $26.4M from Technology Crossover Ventures. Read More

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