Wefox, the Berlin-based insurtech, raises $110M Series B extension at a $1.65B pre-money valuation

Wefox Group, the Berlin-based insurtech startup behind the consumer-facing insurance app and carrier One and the insurance platform Wefox, is disclosing $110 million in a second tranche of Series B funding. Sources tell TechCrunch that this gives the company a pre-money valuation of $1.65 billion. WeFox Group declined to comment on the financials. The Series…

Iterable, founded by an ex-Twitter engineer, nabs $60M for cross-channel growth marketing tools

A startup that’s built cross-channel growth marketing platform — used by businesses to capture customers across whatever digital media they happen to be using — is today announcing funding to do some growing of its own. Iterable — which uses email, push and in-app notifications, SMS and other sources to interact with users and deliver…

FintechOS raises $14M help banks launch products as fast as FinTech Startups

Over the last few years, we’ve seen the rise of FinTech startups like N26 and Monzo to challenge the incumbents with new products like challenger banks. But what if the big banks wanted to compete in that game themselves? This is the aim of FintechOS a Romanian startup that actually aims to help incumbents compete in this brave new, competitive, world. FintechOS allows banks…

By Miles, the UK pay-by-mile car insurance app, adds ‘connected car’ policy for Tesla drivers

By Miles, the U.K. pay-by-mile car insurance provider, is launching a “connected car” insurance policy specifically for Tesla drivers. The new insurance product pulls real-time mileage information directly from a car owner’s Tesla account and uses the distance they have driven to price their insurance each month. It claims to be the first car insurance…

Reddit links UK-US trade talk leak to Russian influence campaign

Reddit has linked account activity involving the leak and amplification of sensitive UK-US trade talks on its platform during the ongoing UK election campaign to a suspected Russian political influence operation. Or, to put it more plainly, the social network suspects that Russian operatives are behind the leak of sensitive trade data — likely with…