Ansel, formerly known as Brella, has raised $20m in a funding round to expand its simplified supplemental insurance offering. The investment was led by Portage, with participation from Two Sigma Ventures, Brewer Lane Ventures, and others. Ansel aims to revolutionise the supplemental insurance market through simplicity and innovation, using cutting-edge technology to provide a seamless, paperless claims process. With this latest funding, Ansel has raised over $50m to date and plans to expand its offerings across the US.
Ansel cashes in $20m with Portage leading funding round.
Latest from News
Fintech booming with $350 billion growth in sector.
TLDR: The fintech sector has grown substantially, amassing over $350 billion in venture capital from 2019 to 2023. Start-ups are capitalizing on digital finance
Catch the latest fintech news in a quick weekly rundown.
TLDR: Bankjoy and nCino announce new partnerships in the fintech industry Significant funding and collaboration news in payments, lending, open banking, wealth management, and
Ameetee secures $1M funding for fintech startup.
TLDR: Ameetee, a fintech startup, has raised $1 million in seed funding to launch a B2B platform for securitizing shares in private companies. The
MTN Boosts Fintech in Africa, the Largest Wireless Carrier.
Article Summary TLDR: MTN Group Ltd. increased fintech transaction volumes by a third last year. MTN now has 72.5 million active users of its
Top fintechs prioritize this function equal to innovators and engineers.
TLDR: Key Points: Fintech success is a combination of innovation, engineering, and compliance. Compliance officers are crucial for the long-term success of fintech companies.