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AI insurtech Fintary closes $10 million Series A funding round
Insurtech Fintary has raised US$10 million in Series A funding to expand its AI-based underwriting platform in Southeast Asia and Middle East markets.
Global AI-powered insurtech startup Fintary announced a Series A raise of US$10 million on 10 November 2025, led by FPV Ventures with participation from two European venture firms. The Bengaluru-based firm says total equity funding now stands at US$12.8 million. Fintary will deploy the capital to expand its machine-learning powered underwriting platform in Southeast Asia and the Middle East, build predictive analytics for SMEs and invest in regulatory compliance systems.
The company claims its loss ratio has improved by 15 % since full deployment in Q2 2025.