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Car insurance

Marshmallow, a British fintech startup aiming to make insurance cheaper, faster, and fairer, has raised $90 million in equity and debt funding. The funding round, led by Portage Capital, will support the company’s expansion into new markets and products amid a growing migrant population. “We think of migration as a huge opportunity. We need migration to put more people into work, and we want to help people move and integrate into the UK,” CEO Oliver Kent-Braham told TechCrunch. The raise nearly doubles Marshmallow’s valuation to $2 billion. New investors include