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Fintech Fundings: 9 Companies Raise $73 Million Week Ending Dec 31

Fintech Labs Insights

The year ends with a total of about $19 billion invested into private fintech companies (includes debt and equity). It is unlikely we’ll see that much in 2016, but the fintech sector is vast, and there are fascinating opportunities for newcomers and existing brands alike. Tipping system for retail point of sale.

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Fintech Fundings: 38 Companies Raised $300 Million First Week of June

Fintech Labs Insights

With 38 deals reported – one shy of the weekly record – fintech companies raised $303 million worldwide the first week of June. Fintech deals by size from May 28 to 3 June, 2016: Partners Life. Financing solutions for retailers & manufacturers. HQ: Rocky Hill, Connecticut. Online insurance. Latest round: $134.5

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Insuritas’ Growth Scales with the Popularity of Insurtech

Fintech Labs Insights

The Connecticut-based company announced that 2016 marked its third consecutive year of growth. Below are the company’s 2016 metrics: Its total addressable market with bank and credit union partners grew by 42.4%. million retail households and 1.2+ Policy sales grew by 33.7% Its platform is now available to 7.4+