Investors

TomoCredit has secured $7m in a new financing round

US-based credit card company TomoCredit has secured a $7m cash injection.
J.P Morgan

J.P Morgan makes investments in two gaming-focused payments companies

Banking giant J.P Morgan has made undisclosed strategic investments in Tilia and Sightline, two gaming-focused payments companies.

CRED joins unicorn club with $2.2bn valuation after raising $215m

India-based FinTech startup CRED has been the newest entrée into the unicorn club after a $215m round takes its valuation to $2.2bn.

Seemplicity rises from stealth with $32m financing

Seemplicity, a risk reduction and productivity platform for security teams, has launched its solution today as well as $32m in seed and Series A funding.
funding

Quiet week for FinTechs with 23 funding raises recorded

FinTech funding rounds recorded by FinTech Global were down from 34 to 23 this week, with $303m raised in total. 

Insight Ventures holds $6.3bn final close for 10th fund

Software-focused Insight Venture Partners has raised $6.3bn for the final close of its tenth fund, bringing its total committed capital to more than $23bn.
BankingON

BankingON bags funding to introduce Boucoup for family finance in credit unions

BankingON, a prominent name in the FinTech sector, has recently successfully concluded its Series A funding round.
FinTech

Market investment in FinTech soars this week with huge Stripe raise

A massive $7.2bn in FinTech investment was reported this week, with Stripe dominating over the rest with a huge $6.5bn raise.  

What were the hottest FinTech funding rounds last week?

Almost five months into the year, investment in FinTech is continuing to go from strength to strength. Last week, FinTech Global reported on 40 funding rounds in the industry.

Financial API provider Yapily scoops $51m Series B to scale its open banking solution

London-based open banking FinTech Yapily has recently secured $51m in Series B funding to expand its open finance infrastructure across Europe.

News Stories

Aeropay secures $20m in Series B funding for A2A payments expansion

Aeropay secures $20m in Series B funding for A2A payments expansion

Aeropay, a leading provider of Pay-By-Bank solutions for businesses, announced $20m in Series B financing.
INSTANDA and UnderwriteMe partner to revolutionise life insurance with no-code tech

INSTANDA and UnderwriteMe partner to revolutionise life insurance with no-code tech

INSTANDA, a leading global provider of SaaS platform technology for life insurance distribution and policy administration, has announced an integration with UnderwriteMe, a comprehensive SaaS underwriting platform provider for the life insurance industry.
Irish AI startup Numra secures €1.5m to launch finance assistant Mary

Irish AI startup Numra secures €1.5m to launch finance assistant Mary

Irish AI startup Numra, previously known as Autonifai, has announced a €1.5m funding round to introduce its AI finance assistant, Mary, to the market.
Cache Valley Bank partners with Finastra to enhance digital banking

Cache Valley Bank partners with Finastra to enhance digital banking

Cache Valley Bank, a community bank with $2.9bn in assets serving Utah and Southern Idaho, has expanded its collaboration with Finastra, a financial software provider, to enhance its digital banking infrastructure.
Work payments platform Native Teams raises €6.2m to expand into Asia

Work payments platform Native Teams raises €6.2m to expand into Asia

Native Teams, a work payments platform for freelancers, remote workers, and business owners, has successfully raised €6.275m to further its ambitious plans of becoming the go-to platform for work payments.

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