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Ascend Raises $30M Series A And Secures $250M Lending Commitment To Boost Modern Insurance Payment Offerings

Jan 27, 2022over 3 years ago

Amount Raised

$30 Million

Round Type

series a

Description

Ascend, the first modern insurance payments platform, today announced that they have raised a $30M Series A in equity funding, bringing the total funding raised to $39M along with a $250M lending commitment to finance insurance premium loans through its platform facilitated by Hudson Structured Capital Management Ltd. – doing its re/insurance business as HSCM Bermuda – an investment adviser that specializes in re/insurance, insurtech, and transportation investments.

Company Information

Company

Ascend

About

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