Functional Finance is a Financial Services, Fintech, and Insurance startup founded in 2021, offering Automated FinOps for Insurance. The platform provides insurance operators with a comprehensive solution for managing their financial back office. This includes handling billing, premium finance, payables, and other money movement functionality. The startup recently secured a significant $17.00M Venture Round investment on 30th May 2024, signaling confidence from potential backers in its innovative approach. With this recent injection of capital, Functional Finance aims to further develop and expand its offerings, potentially positioning itself as a key player in the evolving landscape of Insurtech.
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