FORWARD FEATURES CALENDAR

Finance & Insurance

Eventus closes USD30m Series B funding round

Eventus Systems, a provider of multi-asset class trade surveillance and market risk solutions, has closed a USD30 million Series B funding round, led by Centana Growth Partners.  Also participating in the round were DRW VC, an arm of principal trading firm DRW, CMT Digital, existing investors Jump Capital and LiveOak

Genstar Capital-backed Alera Group to merge with Propel Insurance

Alera Group an independent, insurance and financial services firm, is to merge with Propel Insurance Agency (Propel), one of the nation’s top 50 largest privately held insurance brokers.  Headquartered in Tacoma, Washington, Propel’s leading property and casualty capabilities will bolster Alera Group’s presence in the Northwest and Southeast regions, complementing

Suntera Global acquires NeoTrust

Following the acquisition in August of Reference Financial Services SA (Luxembourg), Suntera Global has now signed an agreement to acquire fund and corporate services firm NeoTrust Fiduciary Luxembourg SARL (NeoTrust). Headquartered in Luxembourg, and founded in 2017 by Martin Hubert and Julien Guillaume, NeoTrust is a highly experienced provider of

Egyptian fintech MNT-Halan attracts circa USD120m from global investors

MNT-Halan, Egypt’s leading fintech ecosystem, has secured a circa USD120 million investment by major global and regional growth investors: Apis Growth Fund II, Development Partners International (DPI), and Lorax Capital Partners.  In addition, the company has also attracted venture capital backing from Middle East Venture Partners, Endeavor Catalyst, and DisruptTech.

Aurelia raises USD3 million in seed funding from Blossom Capital

Aurelia, the startup dubbed “IFTTT for financial admin” because it helps businesses automate tasks across third-party financial apps and services on a single platform – has raised USD3 million in seed funding from Blossom Capital and angel investors including Guillaume Pousaz through his Zinal Growth investment vehicle and Erez Mathan

ECI reinvests in Avantia

ECI Partners has reinvested in Avantia, a new investment for its ECI 11 fund delivering a full realisation for ECI 9.   Avantia is a high-growth virtual insurer, with world-class machine learning technology and a data-led decisioning platform. Its cutting-edge technology gives it the most effective online quotability of any

Insurify Secures USD100m in Series B financing led by Motive Partners

Insurify, a US-based virtual insurance agent and comparison platform, has closed USD100 million in Series B funding led by Motive Partners, a specialist private equity firm focused on financial technology investments.  The round included participation from existing investors Viola FinTech, MassMutual Ventures, Nationwide, Hearst Ventures, Moneta VC, as well as

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