European point of sale provider SumUp acquires customer loyalty startup Fivestars for $317M – TechCrunch

SumUp, a European-based competitor to Square, PayPal/iZettle and others that provide mobile-powered card readers and other sales technology to merchants and small businesses, has made an acquisition in the U.S. to dig deeper into that market, and to expand the kinds of services that it provides to customers globally. The company has acquired Fivestars, which…

Singapore-based insurtech startup Surer nabs seed round to bolster its product development – TechCrunch

There is an imbalance between demand and supply of general insurance due to the tedious workflow and processes that insurance intermediaries and insurance companies face.  Singaporean insurtech company Surer, which automates the workflow and processes via a cloud-based platform, helps insurance intermediaries get rapid access to insurance quotations and insurers to distribute their products more efficiently.…