Insuretech startup Crop Pro Insurance completed $8 million in Series A financing. Three investors participated in the round: Finistere Ventures, S2G Ventures, and GuideOne
Lending Loop closed $2 million in financing. Two investors contributed to the round, including MaRS Investment Accelerator Fund.
Lending Loop is Canada's first fully regulated
Fintech company Kabbage completed $250 million in financing from a subsidiary of SoftBank Group.
Kabbage is an automated technology and data platform that provides
Tech startup PeerIQ announced the close of $12 million in Series A financing. TransUnion, Hearst Ventures, Macquarie, and Uprising participated in the funding.
PeerIQ
Flutterwave announced it has secured $10 million in Series B financing. Four investors contributed to the round: Greycroft Partners, Green Visor Capital, Y Combinator,
Fintech startup Cleo announced it has raised $2.6 million in financing. Four investors contributed to the round, among them Local Globe and Entrepreneur First.
Based
Toronto-based Borrowell completed $57 million in financing, consisting of $12 million (CAD) in equity funding and $45 million in new credit facilities. The Series
FinTech Studios just closed $1 million in seed financing. Two investors contributed to the round, including KEC Ventures.
FinTech Studios develops and operates a cloud-based