Meanwhile Raises $19M in Two Seed Rounds
Meanwhile, a Bermuda-based life insurer entirely denominated in cryptocurrency, raised $19M in two seed rounds.
Bermuda
Apex Group Closes Acquisition of MJ Hudson Businesses Units
Apex Group Ltd., a global financial services provider, closed the acquisition of the Data & Analytics Division of MJ Hudson Plc, a London, UK-based provider of services to the asset management industry, specialising in private markets and alternative investments.
Arch Insurance Acquires Thimble
Arch Insurance, a global risk solutions company, acquired Thimble, a New York-based provider of an insurtech platform for small business customers and agents.
Apex Group Receives Minority Investment
Apex Group Ltd., a Bermuda-based financial services provider, received a new strategic minority investment of undisclosed amount.
24 Exchange Secures $7M in Funding
24 Exchange, a Hamilton, Bermuda-based multi-asset class trading platform, raised a $7.025m in funding.
24 Exchange Raises $14M in Funding
24 Exchange, a Hamilton, Bermuda-based multi-asset class trading platform, raised $14.25m in funding.
Apex Group Receives Strategic Growth Investment
Apex Group Ltd., a global financial services provider, received a minority investment of undisclosed amount.
Monument Re Buys Inora Life DAC from Societe Generale
Hamilton, Bermuda-based Monument Re is to acquire life insurer Inora Life DAC from Societe Generale.
DrumG Technologies Raises $6.5M in Series A Funding
DrumG Technologies, a financial technology company focused on building and operating next generation enterprise distributed ledger-based applications for the regulated global financial services industry, raised $6.5m in Series A funding.
Trunomi Receives $3.5M Round of Financing
Trunomi, a Bermuda and London, UK-based provider of customer consent and data rights and privacy software solutions, received a $3.5m round of financing.
New Ocean Capital Management Receives $100M from Mitsui & Co.
New Ocean Capital Management Limited, a Bermuda-based asset manager founded by XL Group Ltd (NYSE: XL) and Stone Point Capital in 2013 to provide access to the traditional (re)insurance market, the collateralized reinsurance market and the reinsurance capital markets, has announced a new strategic relationship with Mitsui & Co., Ltd.