Northwestern Mutual commits $150m to startup investments

Bank Innovation

This builds on the $43 million in capital that the Milwaukee-based investments and insurance giant invested in 14 startups as part of its its first corporate venture fund, which rolled out in 2017.

Fintech Fundings: 102 Companies Raise $2.0 Billion in July

Fintech Labs Insights

Fintech deals by size from 23 July to 29 July 2016: Elevate. HQ: Milwaukee, Wisconsin. The post Fintech Fundings: 102 Companies Raise $2.0 Total funding worldwide in July was $1.95 billion from 106 deals compared to June with $1.6 billion across 186 deals.

Fintech Fundings: 26 Companies Raised $270 Million Week Ending May 6

Fintech Labs Insights

Fintech deals by size from 30 April to 6 May 2016: VTS. HQ: Milwaukee, Wisconsin. Accelerator: VC Fintech Accelerator (Little Rock, Arkansas). The post Fintech Fundings: 26 Companies Raised $270 Million Week Ending May 6 appeared first on Finovate.

Insurers & their VC arms are supporting Robo-advisory growth

Daily Fintech

Northwestern Mutual, a Milwaukee insurer, had invested through its private equity arm in LearnVest early on and acquired the company for $250M in 2015. The Japanese Mitsui Sumitomo Insurance Group has invested in the also large US FolioFn Fintech.