Lending platform Funding Circle raises £300M in London IPO, valuing it at £1.5B, as investor interest cools – TechCrunch

Another fintech startup has made the leap into publicly-traded company: Funding Circle, the peer-to-peer lending platform for small and medium businesses that was originally founded in the UK, opened for trading today on the London Stock Exchange. It was a positive, if not stratospheric, debut. Trading under FNIG.L, its stock opened at 460 pence, only…

Our 3 favorite startups from Urban-X’s 4th demo day – TechCrunch

Urban-X, the urban-tech startup accelerator backed by MINI and early-stage urban-tech fund Urban.Us, hosted a demo day today for its fourth cohort of companies at its Brooklyn HQ.  The seven presenting companies offered solutions to issues plaguing modern cities, including toll-road pricing, energy and construction management, and even the inefficiencies of modern cycling helmets. In a…

Insurance startups have raised billions as industry players fight tech disruptors – TechCrunch

The once sleepy world of insurance has become the hot ticket for venture investors. Insurance technology companies have raised multiple billions of dollars in the past four years as venture capitalists finance industry disruptors and enabling technologies for established players to fend off new technology-based challengers. In the month since tech-enabled car insurance startup Root…