Timo Dreger, Author at InsurTechForum

Written by Timo Dreger

European VC Report 2020: Strong Fourth Quarter Closes Out 2020

January 26, 2021January 26, 2021 Timo DregerVentureCapital

The European venture markets held up in 2020, despite the slowdown in funding in response to the pandemic in the first quarter and leading into the second quarter of 2020, according to Crunchbase data. Funding to European startups last year totaled $40 billion, down a mere 4 percent from 2019 at $41.8 billion. This marks Read More

News

Davos 2021: Silver Lake co-founder dismisses belief about Bitcoin’s use for criminal activity

January 26, 2021January 26, 2021 Timo DregerFinTech

Finextra is at Davos this year, covering global insights into the impact fintech has on wider issues such as responding to Covid-19, restoring economic growth and advancing a new social contract. Glenn Hutchins, co-founder of global technology investment firm, Silver Lake, dismisses the long-held belief that bitcoin’s primary use is for criminal activity. Hutchins explains Read More

News

Budget 2021: Top 10 reforms fintechs want from the finance minister

January 26, 2021January 26, 2021 Timo DregerFinTech

From a separate regulatory authority to formalisation of cryptocurrency, here’s what fintech startups and companies are expecting from Budget 2021. Industries across the board are holding out hope that Finance Minister Nirmala Sitharaman's Union Budget this year will bring them much-needed reprieve from the pain caused by the COVID-19 pandemic and jump-start consumption. However, Read More

News

Israeli Digital Payment Solution Startup Melio Valued at $1.3b

January 26, 2021January 26, 2021 Timo DregerFinTech, VentureCapital

The startup raised another $110 million, as business increased more than 20-fold during the coronavirus crisis By Amitai Ziv Melio, the startup that provides digital payment solutions for small businesses, finished an astounding year by raising $110 million, based on a valuation of $1.3 billion. Melio has developed a digital platform that allows small businesses Read More

News

Fintechs could see $100 billion of liquidity in 2021

January 26, 2021January 26, 2021 Timo DregerFinTech

hree years ago, we released the first edition of the Matrix Fintech Index. We believed then, as we do now, that fintech represents one of the most exciting major innovation cycles of this decade. In 2020, all the long-term trends forcing change in this sector continued and even accelerated. The broad movement away from credit Read More

News

5 Digital Transformation Trends Insurance Leaders Should Watch in 2021

January 26, 2021January 26, 2021 Timo DregerInsurTech

Adapting to new ways of working and thinking is never easy, but the insurance industry is ripe for a revolution, and it is up to industry leaders to understand the trends that will lead the way. By Tal Daskal /(Image credit: Shutterstock.) In a year that tested our adaptability more than ever before, insurance companies Read More

News

US online insurance firm EverQuote brings 70 new jobs to Northern Ireland

January 26, 2021January 26, 2021 Timo DregerInsurTech

Staff recruitment is already underway at EverQuote's NI software development centre A US online insurance marketplace is setting up a software development centre here, creating 70 new jobs paying £52K on average. EverQuote, which is based in Massachusetts, has already recruited 12 of the staff for its new operation here. Economic development agency Invest NI Read More

News

Budget 2021 should look at strengthening digital insurance

January 26, 2021January 26, 2021 Timo DregerInsurTech

The need for Insurance coverage is critical in these times; the pandemic emphasized the need for financial protection for oneself and the family, said Sekhar Budget 2021 should look at strengthening digital insurance | Photo Credit: BCCL The Union budget 2021 is one of the most crucial budgets, as the government will focus on bringing the Read More

News

InsurTech in 2021: Embedding, ‘Digital Indigestion’ Recovery and More

January 26, 2021January 26, 2021 Timo DregerInsurTech

Experts looking at the InsurTech sector for 2021 see both more of the same and new things ahead. Some predict more IPOs, M&A and partnerships. Others expect new InsurTech ideas to fully take root, such as the embedding of insurance into every financial and retail transaction. A related expectation: The idea that property/casualty insurers will Read More

News

Kenyan Insurtech Pula Closes $6M Series A to Boost Profits for Small-scale Farmers Across Africa

January 26, 2021January 26, 2021 Timo DregerInsurTech, VentureCapital

Gbemileke Babatunde Kenyan insurtech startup, Pula has raised $6 million in a Series A funding round to increase profitability for small scale farmers across Africa through its tech-driven insurance products and solutions. Pan-African early-stage venture capital firm, TLcom Capital led the round with participation from nonprofit Women’s World Banking. Pula’s latest funding follows a $1.2 million grant Read More