Fintech startups raised $34B in 2019

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Insurify raises $23M Series A to add new coverage varietals, boost its marketing efforts

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Kicking off 2020 with 4 new members of the $100M ARR club

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The last decade in real estate, and a peek into the next one

Allen Miller Contributor Allen Miller is a principal at Oak HC/FT based in San Francisco. He’s excited by bold entrepreneurs building great companies across categories, especially in fintech. More posts by this contributor 2019 looks to continue another lights-out year for fintech startups Financial technology startups emerged as serious challengers to financial services in 2017 […]

Microsoft in talks to invest in SoftBank’s second Vision Fund

SoftBank is said to be preparing the announcement of a $40 billion investment in its second Vision Fund, according to a new report from The Wall Street Journal. News of the mammoth investment comes after weeks of rumors the Japanese telecom giant was struggling to secure capital for its second fund, citing lukewarm reception from […]

Insurance app Lemonade prepares for European expansion

Lemonade this morning revealed plans to expand into the European market. The news marks the first international expansion for the AI-powered insurance app, which launched in New York City in 2016. The official announcement issued by the company is extremely light on details, with the promise to reveal more pertinent information — namely, which country […]

WeWork taps Lemonade to offer insurance to WeLive members

WeWork has partnered with Lemonade to provide renters insurance to WeLive members. WeLive is the residential offering from WeWork, offering members a fully-furnished apartment, complete with amenities like housekeeping, mailroom, and on-site laundry, on a flexible rental schedule. In other words, bicoastal workers or generally nomadic individuals can rent a short-term living space without worrying […]

Insurance app Lemonade looks set to drop lawsuit against Germany’s Wefox

Lemonade, the New York-based insurance platform, looks set to drop the lawsuit it filed against German company ONE Insurance, its parent company Wefox, and Wefox founder Julian Teicke. The complaint, filed in the U.S. District Court Southern District of NY, alleged that Wefox reverse engineered Lemonade to create ONE, infringed Lemonade’s intellectual property, violated the […]

Lemonade files lawsuit against wefox for IP infringement

Lemonade, the insurance platform based out of NYC, has filed a lawsuit against German company ONE Insurance, its parent company wefox, and founder Julian Teicke. The complaint, filed in the U.S. District Court Southern District of NY, alleges that wefox reverse engineered Lemonade to create ONE, infringing Lemonade’s intellectual property, violating the Computer Fraud and […]

SoftBank leads a $120 million round for insurance startup Lemonade

 SoftBank’s Vision Fund has finally made a good tech investment around real estate. After investing $4.4 billion in what is essentially a bespoke office space rental business (WeWork) and another $450 million in Zillow for rich people (Compass), the gargantuan Japanese tech investor is leading a $120 million round of funding for Lemonade, a startup […]