Finclusion backs Kenyan InsurTech mTek
mTek, a Kenya-based InsurTech that provides a digital insurance platform, has raised $3m in debt and equity, including a commitment from African-focused FinTech platform Finclusion Group.
Financial services provider 9F Group closes Series E round
China-based 9F Group, a provider of a range of financial services, has closed its Series E round of funding.
The FCA releases annual transparency calculations
The UK’s Financial Conduct Authority (FCA) has released the annual transparency calculations for UK equity and equity-like financial instruments, which will take effect on April 1 2021.
Swedish bill splitting app Steven exceeds crowdfunding target
Bill splitting app Steven has closed its crowdfunding campaign above its initial target of €600,000.
Mobile payments app Bluecode said to raise €11.2m
Mobile payments solution Bluecode has reportedly netted €11.2m in a new investment round.
Authentication platform LoginID scores $6m in its seed round
Authentication provider LoginID has closed its seed round on $6m as it looks to accelerate the adoption of passwordless services.
Freedom Financial Network closes $323m securitisation
Digital personal finance company Freedom Financial Network has closed a securitisation of $323m in rated notes backed by FreedomPlus personal loans.
AND Global said to raise $2.8m in funding from Rhinos
AND Global, which provides a range of different financial solutions, has reportedly raised $2.8m in funding.
Bdeo forms partnership with GT Motive to improve auto insurance claims
Spanish InsurTech company Bdeo has formed a partnership with automotive repair data specialist GT Motive.
Finova racks up $52.5m in VC-backed financing round
FinTech startup Finova Financial, which runs an auto title lending platform, has raised $52.5m in debt and equity from venture capital and other investors.