Nelo joins the BNPL rush, with $20M in new funding and the Mexican market in its sights

Buy now, pay later (BNPL) has been making headlines all over the place this year — from Square’s planned acquisition of Afterpay to Affirm going public. Still, Latin America remains an under-penetrated market in the increasingly crowded space. Nelo, a startup founded by former Uber international growth team leads, began offering buy now, pay later […]

Ascend raises $5.5M to provide a BNPL option for commercial insurance

Ascend on Wednesday announced a $5.5 million seed round to further its insurance payments platform that combines financing, collections and payables. First Round Capital led the round and was joined by Susa Ventures, FirstMark Capital, Box Group and a group of angel investors, including Coalition CEO Joshua Motta, Newfront Insurance executives Spike Lipkin and Gordon […]

Shepherd raises $6.2M seed round to tackle the construction insurance market

Shepherd, an insurtech startup focused on the construction market, has closed a $6.15 million seed round led by Spark Capital. The funding event comes after the startup raised a pre-seed round in February led by Susa Ventures, which also participated in Shepherd’s latest fundraising event. Thinking broadly, Shepherd fits into a theme of neoinsurance providers […]

Human Interest raises $200M at a $1B valuation, plans for an IPO

Less than six months after raising $55 million in a Series C round of funding, SMB 401(k) provider Human Interest today announced it has raised $200 million in a round that propels it to unicorn status. The Rise Fund, TPG’s global impact investing platform, led the round and was joined by SoftBank Vision Fund 2. […]