For the FinTech IPO Index, the rally fizzled quickly. After a surge into the first few weeks of the new year — notably, double-digit gains last week — the index slipped 0.6% through the past five sessions. Blame the macro data from this...
Ally Financial will begin offering home insurance policies through a partnership with the insurance provider Hippo, the two companies announced Wednesday, August 11. Hippo will underwrite the policies, while the Ally will put up the money to back them — to the tune of $500...
Hippo Enterprises Inc. has built upon its home insurance foundation to launch a homeowners association policy, according to a Thursday (July 22) report from Bloomberg. The company is also planning to roll out insurance for condominium associations and single-family rentals, as well as other possible...
Today in B2B payments, Hippo’s chief financial officer embraces a workflow overhaul and Capital One teams with Melio on accounts payable solutions. Plus, MessageDesk and Sphere discuss text-based invoice-to-pay, FourQ debuts intercompany financial management tools, and Credijusto acquires a bank to service cross-border SMBs. Hippo...
September 15, 2023
The FinTech IPO Index traded slightly lower, off 0.7%, as platforms led the group to the downside. But even with the dip, the Index itself is up slightly more than 35% year to date. OppFi shares sank 10%. Reuters reported coming into the month that Los Angeles Superior Court Judge Timothy Dillon “is expected to rule any […]
January 20, 2023
For the FinTech IPO Index, the rally fizzled quickly. After a surge into the first few weeks of the new year — notably, double-digit gains last week — the index...
June 16, 2021
Financial transparency is a necessity in any corporate back office, but for an organization that takes the leap onto the public stage, that transparency becomes a matter of compliance, investor...
December 14, 2020
Home insurance is a product that no one wants to buy — but must. And the insurance companies? Well, they want to sell it, of course. But they hope you...
August 11, 2021
Ally Financial will begin offering home insurance policies through a partnership with the insurance provider Hippo, the two companies announced Wednesday, August 11. Hippo will underwrite the policies, while the Ally will put up the money to back them — to the tune of $500 million in the beginning. Hippo President Rick McCathron said the […]
July 22, 2021
Hippo Enterprises Inc. has built upon its home insurance foundation to launch a homeowners association policy, according to a Thursday (July 22) report from Bloomberg. The company is also planning...
November 24, 2020
InsurTech group Hippo Enterprises has announced a capital investment of $350 million from Mitsui Sumitomo Insurance Company, a press release says. Mitsui Sumitomo is a subsidiary of MS&AD Insurance Group...
July 21, 2020
Hippo, the tech startup that provides home insurance digitally, has raised $150 million in a funding round that brings its valuation to $1.5 billion, the Palo Alto, Calif.-based company announced...
