Branch, a startup that offers bundled home and auto insurance, has raised $147 million in Series C financing against a $1.05 billion back-valuation. Weatherford Capital, a family-owned private equity firm, led the round, which also included participation from existing and new lenders such as Acrew, American Family Ventures, Anthemis, Gaingels, Greycroft, HSCM Ventures, Narya, SignalFire … Read more

Cathay Innovation hopes to secure the bag in a new investment partnership with a crypto asset security firm. The $1.5 billion venture capital firm is entering the crypto market with a new $110 million fund dedicated to the sector that it will operate alongside Ledger, a French startup focused on digital asset security, Cathay co-founder … Read more

What is one of the hottest areas within fintech today? Funnily enough, it’s fintech for fintechs (say that a few times quickly). Fintech startups have grown tremendously in recent years, but it’s still a very fragmented space – and that’s where ‘fintech for fintech’ companies are stepping in. Fintech companies often have complex tech stacks … Read more

We’ve been tracking a worrying trend of layoffs in the tech industry, but that’s not the full story. At the same time, there is a wave of organizations that are also engaged in training and hiring to fill a number of technology-related roles, particularly through apprenticeships. Today, a startup called Multiverse, which has built a … Read more

Honor of Kings, the world’s largest mobile game created by Chinese internet giant Tencent, will release a global version at the end of this year. That is according to a tweet by Level Infinite, which will publish the overseas version of the Battle Royale game for TiMi Studio, the legendary game development studio in Tencent … Read more

Google Cloud today announced the launch of its new cloud region in Dallas, Texas, as it continues to expand its data center footprint around the world. The new region marks the company’s 11th region in North America. Globally, the company now offers 34 regions, all of which have three zones for additional redundancy. With this, … Read more

Embedded finance — where financial services firms and others infuse different types of fintech technology through APIs to enhance their own offerings with more data and functionality — remains a growing opportunity, both to drive new business and help incumbents get up to speed. come with their jammers. In the latest development, Bud Financial, a … Read more

Link-in-bio platform Linktree is launching a new one-stop directory for users to browse its platform partners and integrations. The company says the new hub, which is called Linktree Marketplace, is designed to drive exposure to its partnerships. Linktree is also introducing Link Apps, which embed Linktree partners’ digital experiences and services for platform visitors, including … Read more

Amid mounting uncertainty about what technology funding will look like in the coming months and perhaps years, one of the newer kids on the VC block in Europe is today announcing the closure of its latest and largest fund to date. Felix Capital – the London-based company founded and led by Frederic Court – has … Read more

India’s central bank on Wednesday proposed an integration between UPI and credit cards as a major boost to a burgeoning payment protocol that has become the most popular way for individuals in the South Asian market to transact online. “UPI facilitates transactions by linking savings or checking accounts through users’ debit cards,” said Shaktikanta Das, … Read more