In the Press

Planck, the powerful AI platform transforming the commercial insurance industry, is unveiling a new product to help insurers identify high-potential prospects and markets that match their risk appetite. By using Planck’s Prospect Intelligence platform, carriers can reduce their customer acquisition cost, increase growth & expansion and improve the agent & customer experience.

Congratulations to Forter for being recognised in the Fast Company Top 10 Most Innovative Companies in Finance 2022- Forter are third place for being the anti-fraud bodyguard for e-commerce merchants!

Gulf buy now, pay later firm Tabby has raised an additional $54 million from mostly existing investors including Arbor Ventures and Abu Dhabi state fund Mubadala Investment Capital, as part of an extended round that began last summer. The company said fresh funds, which count as part of a series B round that took place last August, would support international expansion and consumer product offering.

Beam, a Singaporean shared micromobility operator, has raised $93 million in a Series B round to accelerate growth into new countries in Asia. Beam, which currently operates e-scooters and e-bikes in 35 cities across Malaysia, Thailand, South Korea, Australia and New Zealand, aims to spread into markets like Japan, Indonesia, the Philippines, Vietnam and Turkey.

Indonesian Fintech Akulaku Closes $100m Funding From Thai Lender SCB Ahead of Potential IPO.

Congratulations to the team at LoanStreet Inc. for successfully closing their Series B fund raise of $25 million. LoanStreet Inc, the leading platform for sharing, managing and analysing loans, today announced it has closed a $25 million Series B funding led by Portage Ventures to accelerate the growth of its loan ecosystem. In addition, Curql Fund I, Coastal Financial Corporation, and Sterling Bancorp joined as new investors in the Company alongside participation from existing investors Third Prime Capital, and Arbor Ventures. This brings the total institutional investment in LoanStreet to $39 million.