With four, nine-figure funding rounds, venture capitalists continue to drive aggressively into the B2B FinTech landscape. This week’s roundup includes new investment in digital currency crime mitigation, small business accounting, small business insurance and accounts receivable automation — with another investment in commercial card technology...
Today in B2B payments, Mastercard teams up with Emburse, and Entersekt’s CFO discusses the privileged position of the finance team. Plus, CDC Small Business Finance talks “financial deserts,” Next Insurance raises $250 million and Airbase launches an expense reimbursement solution. Mastercard Augments Cards With Emburse...
InsurTech firm Next Insurance has landed a $250 million infusion in a round headed up by Battery Ventures and FinTLV Ventures. The round also saw the involvement of G Squared, Founders Circle, Zeev Ventures, Group 11 and CapitalG, according to a Wednesday (March 31) announcement....
Next Insurance has collaborated with Amazon Business to let qualified members find tailored small business insurance, according to a Wednesday (March 17) press release. The collaboration will let Business Prime members simply get a quote from the digital InsurTech firm and expediently buy professional liability,...
August 12, 2020
For decades, the insurance industry is quite literally a lifeline for those affected by unfortunate events. As service providers in the business of disasters and disruptions, insurance companies have had a front-row seat to the ways the pandemic has affected their small business policyholders. For Next Insurance, the impact was “devastating” for many, according to […]
September 18, 2020
Next Insurance, the online insurance provider for small businesses, is negotiating a deal to raise new capital in a round that would value the FinTech startup at $2.25 billion, sources told Bloomberg. CapitalG, the private equity firm owned by Alphabet Inc., Google’s parent company, is in talks to lead the $250 million funding round for the […]
