Investors

PayPal among investors backing Gojek

FinTech PayPal has joined up with Facebook-owned WhatsApp in backing the Indonesian payment, e-wallet, food, ride-hailing app Gojek, according to Reuters.

Edison Partners looking to raise up to $300m for ninth fund

Edison Partners is back fundraising for its ninth private equity fund in what could become its biggest-ever vehicle.
Lounge

Insurance Lounge pulls in $15m in growth equity financing

InsurTech company Insurance Lounge has closed a round of growth equity financing of $15m to speed up its plans for expansion.

Indian PayTech JusPay bags $60m from SoftBank-led Series C

Digital payments platform Juspay has secured $60m from a Series C funding round headed by SoftBank Vision Fund 2.

Indonesian robo-advisor Bibit.id banks $65m led by Sequoia India

Robo-advisor Bibit.id raised $65m in a funding round led by Sequoia Capital India.

Is Swedish RegTech finally coming into its own?

Sweden’s RegTech scene has been slow to emerge. While its starting to wake up, it still has many challenges to overcome.
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News Stories

Canadian FinTech firm Qohash secures $17.4m for AI data security expansion

Canadian FinTech firm Qohash secures $17.4m for AI data security expansion

Qohash, a leader in data security software, today announced it has secured $17.4m in Series B funding.
Northern Arc secures $80m boost from IFC, enhancing financial inclusion in India

Northern Arc secures $80m boost from IFC, enhancing financial inclusion in India

Northern Arc, a diversified non-banking financial company (NBFC), proudly announces securing an investment of $80m from the International Finance Corporation (IFC), a member of the World Bank Group.
FinQuery secures $25m investment to boost AI solutions for CFOs

FinQuery secures $25m investment to boost AI solutions for CFOs

FinQuery, formerly known as LeaseQuery, has secured a significant minority investment to the tune of $25m, led by Periphas Capital and supported by Lavelle Capital.
BforeAI announces $15m boost for advancing cybersecurity predictiveness

BforeAI announces $15m boost for advancing cybersecurity predictiveness

BforeAI, a leader in predictive security solutions, has successfully closed its Series A funding round, securing a substantial $15m.
AML

Leveraging AI to enhance efficiency in AML sanctions screening

False positives in AML compliance typically occur when a transaction or customer record wrongly flags a potential match with a sanctioned entity.
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