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Deal Updates

Social InsurTech startup Tribe gets BearingPoint backing

Oslo-based InsurTech startup Tribe has landed a new investment from BearingPoint as a part of the European consultancy’s venture efforts.

Vantiv buys B2B payments firm Paymetric

Payments processor Vantiv is acquiring B2B payments company Paymetric from private equity firm Francisco Partners. The financial terms of the deal are undisclosed.

Patch Homes secures $1m for home equity financing

Home equity financing platform Patch Home has secured $1m in Seed funding as it launches out of private beta mode in California.

Singapore Life takes $50m in largest Asian InsurTech round

Singapore Life has raised $50m in the largest Asian InsurTech funding round to date. The Series A investment comes from Impact Capital, a subsidiary of Credit China FinTech Holdings, as well as UK-based investor IPGL.

Robinhood confirms $1.3bn valuation after $110m round, hits two million users

Stock trading app Robinhood is confirming its $1.3bn valuation and announcing a $110m Series C round. Alongside the capital and valuation, the company is revealing a new milestone in having passed two million users globally.

Disability-focused InsurTech startup Getsurance nabs €2m

German InsurTech startup Getsurance has picked up €2m in a Seed round of funding. The investment comes from Rocket Internet founder Alexander Samwer’s Picus Capital, Postfinance Bank and IBB.

Ripio bags additional funding to take Series A to $2.25m

Argentinian bitcoin startup Ripio (formerly Bitpagos) has bumped up its Series A round with an additional $428,000. The investment comes from Medici Ventures.

Dave pockets $3m to help users stay out of their overdraft

Spending tracking app Dave has secured $3m in funding from backers including serial VC Mark Cuban. SV Angel, The Chernin Group and other angel investors also participated in the round.

Quovo picks up $10m for financial data analysis

Financial data platform Quovo has raised $10m in a Series B round of funding to fuel the growth of its analytics offerings.

Spend management software Ivalue nabs $70m for KKR

Spend management software company Ivalua has secured $70m in a growth equity investment from KKR.

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