Category: Startup News

Wefox acquires digital insurance carrier One

Wefox, the insurance platform that enables customers, insurance brokers and insurance providers to transact and manage insurance products digitally, has acquired One, a fully digital and newly launched insurance provider. Although terms of the deal remain undisclosed, I understand the two companies already shared a number of investors, including Wefox investing in One itself, and…

Starling Bank passports to Europe, first stop Ireland

London-based Starling Bank is continuing to gather momentum. After a staggered launch of its current account kicked off in March, the digital-only bank is announcing imminent expansion to Europe, starting with the Republic of Ireland where it has attained a so-called “banking passport”. The European-wide arrangement sees similar regulation mirrored across the European Economic Area’s…

Houzz raises a huge $400M round at a $4B valuation

If you ask investors in Silicon Valley about Houzz — an app where you browse ridiculously nice homes and check out interesting interior design ideas — they’ll probably quietly mutter that they’re just growing their business. We really don’t hear about Houzz’s business that often. Except now the company says it has raised $400 million…

Relevnt launches a publisher-centric news app

Florida startup Relevnt is experimenting with a new approach to online publishing. Founder and CEO Winder Hughes said that it’s become unrealistic to expect readers to download an app for every publication that they follow, or even to type a bunch of URLs into their mobile browser. At the same time, when publishers rely on big platforms like Facebook…