Peer-to-peer insurance company Lemonade raises $13 million from Aleph and Sequoia Capital

Lemonade, a NYC-headquartered peer-to-peer insurance startup founded by Israeli entrepreneurs Daniel Schreiber (formerly the president of Powermat) and Shai Wininger (a co-founder of Fiverr), has raised $13 million in a first (!) round of funding. The capital comes from Tel Aviv-based Aleph, which was co-founded by former Benchmark Capital partner Michael Eisenberg, and Sequoia Capital. […]

UL acquires Dublin-based fintech company Acquirer Systems

UL, a US-based safety science company has acquired Dublin, Ireland-based and privately-held Acquirer Systems, which specialises in testing software and tools for validation of complex payment environments. Basically, Acquirer helps issuers, acquirers, merchants and switch operators to get their products to the market faster, at lower cost. Customers include Bank of America, Discover, American Express […]