Topic: strategic acquisitions
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Laka Secures $10M to Revolutionize Bike Insurance with Collective Model
Laka, a bike insurance provider, raised $10.4 million in Series B funding and aims for profitability by next year, using a unique collective model where premiums vary based on claims. The company operates a community-driven approach, partnering with major retailers like Decathlon and Brompton Bik...
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NomuPay Secures $40M from SoftBank at $290M Valuation
NomuPay, an Ireland-based fintech startup, secured $40 million in Series C funding from SoftBank's SB Payment Service, valuing the company at $290 million and bringing total funding to around $120 million. The company specializes in simplifying cross-border transactions for merchants in fragmente...
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Qonto Hits 600K Customers, Applies for Banking License in France
Qonto, a French fintech, has reached 600,000 customers in Europe and is applying for a full banking license in France to expand its services beyond its current payment institution license. Securing a banking license would enable Qonto to offer loans, savings, and investment products, addressing c...
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Coralogix Hits Unicorn Status, Plans India Expansion
Coralogix has achieved unicorn status with a $115 million Series E funding round, valuing the company at over $1 billion, nearly doubling its 2022 valuation. The funding will support expansion in India and development of its AI-powered observability agent, Olly, led by NewView Capital and backed ...
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