It took Revolut 7 years (since June 2013) and 2,100 employees to reach 12 million customers. It took GEICO 78 years and 28,000 "dedicated associates" to reach 12 million auto policies in force.

This latest round brings the company's total funding to $32 million since its inception in 2013. 

Founded in 2017, the startup is a team of ~27 people and its flagship product is a Flexible Rent platform that allows renters to create a customized payment schedule. 

Figure is a well-funded company with over 270 employees. It has raised over $1.3 billion across 13 funding rounds; one of which was a $1 billion debt round. It was last valued at $1.2 billion.

Over the past 12 months, the combined business connected more than 3 million homeowners with home service professionals for their projects.

Established in 2013, the Menlo Park, CA-fintech offers commission-free trading for stocks, ETFs, options, and cryptocurrencies and employes over 1,400 people.

Back in June, Canadian accounting company introduced Wave Money, a business bank account with instant access to money, and no banking fees. The product is currently in limited release and...

Its mobile banking product offers a simple way to exchange cryptocurrencies and commodities, a Rewards program, a Junior account for kids, and new ways to give back to different causes.

Earlier this year, Moven announced the discontinuation of its long-standing direct to consumer program and now has taken further steps internally to align its executive team around this same approach.

Santa Monica-based Hugo Insurance has re-launched its pay-as-you-go liability insurance in Illinois.

British insurer Prudential plc announced it has decided to pursue a full separation of its American annuity business Jackson by way of a minority Initial Public Offering (IPO) followed by...

According to the company, the merger will provide an end-to-end SaaS core product covering quoting, underwriting, claims and billng for the global life, accident, and health industry.

AI technology guides customers through inspections and loss control surveys.

In short, streamlining quoting applications and eliminating eligibility questions is what you do today to free up your mind to identify the data needed to price risk tomorrow as cars, homes, and workplaces are becoming smarter and safer and as external players with access to better data may someday simply be 'insurance entrants.'