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Cover Genius Lands Funds To Expand Corporate Insurance Offerings

PYMNTS

Six-year-old insurance technology firm Cover Genius has reportedly raised A$15 million ($10.7 million USD) in capital, including funds from King River Capital and Leap Capital, according to published reports. The company reports having customers in the United States, Europe, Southeast Asia and India.

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Kobe Bryant, Virtual Cards, Self-Service Technology Top This Week’s News

PYMNTS

We have deep dives into virtual card adoption and self-service technology, as well as a report on Kobe Bryant’s legacy. Bryant formed the Bryant Stibel venture capital firm in 2013 with Jeff Stibel, founder of Web.com. Kobe Bryant’s VC Firm Holds More Than $2B in Assets . Kobe Bryant, who died on Sunday (Jan.

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Data Enablers: Neo Technology Off The Charts

PYMNTS

That’s Neo Technology’s specialty. The company created Neo4j — an open-source graph database technology that has become the world’s leading graph database — in 2007, and the technology now serves over 200 clients including eBay, Walmart, IBM, and NASA. PYMNTS: Why was the company founded? What was the grand idea that sparked it?

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Payment Platform Marqeta Raises $250M In Series E Round

PYMNTS

Marqeta, which is California-based and also works with payment cards for brands, is expected to close the round in a few weeks, although the numbers could potentially change. The company is continuously boosting its growth both in the United States and Internationally. billion, according to reports.

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Supply Chain Startup Zilingo Makes US Push

PYMNTS

To roll out operations in the United States as it grows its supply chain business that links apparel brands with suppliers as well as factories, Singapore-based fashion technology firm Zilingo is designing a $100 million push. manufacturers and brands on its platform, The Wall Street Journal reported.

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On Record-Setting Singles’ Day, L’Oréal, Nestle Among Big Winners

PYMNTS

12), the two brands were standouts in a day-long eCommerce event that brought in a total of $38.38 billion tally is more than six times the amount that was brought in via online sales on Black Friday last year in the United States. The Alibaba -sponsored event also featured live-streamed marketing of 1,000 brands.

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From T-Shirts To PPE — What Hanes Learned From Its Supply Chain Pivot

PYMNTS

The vendors say the technology allows users to quickly pivot to making PPE, as 3D printers do not require intensive changes to equipment or workflows to produce specific items. Technology company IBM recently launched a procurement platform intended to ease this challenge by helping hospitals purchase from vetted suppliers. .