InsurTech start-up PremFina raises $36mn

Insurance premium financing company PremFina has raised $36mn in
equity and debt funding, in one of the largest InsurTech
investments this year.
Rakuten Capital, the venture funding arm of Japanese e-commerce
company Rakuten, and Draper Esprit led the funding round, according
to a statement from PremFina.
The other investors in the round were Thomvest Ventures, Emery
Capital, Rubicon Venture Capital, Talis Capital and PremFina
founder and CEO Bundeep Singh Rangar.
PremFina allows insurance buyer