Investors

Santander spins out its $400m FinTech venture capital arm into Mouro Capital

Santander is spinning out its venture arm into the new entity Mouro Capital, a new autonomous investment firm using its $400m in allocated funds to back innovate FinTech startups without the fear of the big bank spying on them.

FINCA launches venture division to support the social benefit enterprises

Microfinance company FINCA International has launched a new investing platform to help early-stage social enterprises.

Huiyin launches $20m bitcoin-dedicated fund

Chinese investment firm Huiyin Group is launching a $20m bitcoin and blockchain-focused investment subsidiary - Huiyin Blockchain Ventures (HBV)
Perch

Perch locks in $4m in Series A financing

Perch, a Canadian FinTech that aims to help consumers build wealth through real estate, has bagged $4m in a Series A round.

iProov secures $70m backing from Sumeru Equity Partners

Biometric face authentication company iProov has landed $70m in growth investment from Silicon Valley-based Sumeru Equity Partners.

Freelancer-focused neobank Lili snares $55m in Series B round

New York-based neobank Lili has raised $55m from a Series B funding round led by Group 11.

VC Wellstreet becomes majority shareholder of PropTech Pixery Media

Swedish PropTech startup Pixery Media has announced that it has a new majority shareholder: the venture capital firm Wellstreet.

Arbor Ventures looks to raise up to $178m for second venture fund

Arbor Ventures has raised up to $178m for its second venture fund, FinTech Global can reveal.

Quiltt lands $4m funding

Quiltt, a low-code consumer FinTech platform, has raised $4m in venture capital investment.

Ilumoni unveils borrower wellbeing app following ?1.63m funding haul

Ilumoni has officially launched its borrower wellbeing app on iOS and Android devices after previously securing ?1.63m in investment since its founding.

News Stories

Pacific Life’s Workforce Benefits business, a leading provider of employee benefits solutions, has announced its integration with Selerix to elevate real-time benefits administration. 

Pacific Life and Selerix join forces for real-time benefits administration

Pacific Life’s Workforce Benefits business, a leading provider of employee benefits solutions, has announced its integration with Selerix, a comprehensive benefits administration platform.
UK

Liz Oakes, Carolyn Wilkins appointed to key roles on UK Financial Policy Committee

The Financial Policy Committee (FPC), pivotal in shaping UK financial policies, has welcomed Liz Oakes as a new external member and confirmed Carolyn Wilkins...
Arch Insurance International, a leading insurance company, has announced the appointment of Kirsten Valder as Deputy CEO, effective immediately.

Arch Insurance names new deputy CEO

Arch Insurance International, a leading insurance company, has announced the appointment of Kirsten Valder as Deputy CEO, effective immediately.
IBM

IBM acquires HashiCorp in a $6.4bn deal to enhance hybrid cloud capabilities

IBM has acquired HashiCorp a multi-cloud infrastructure automation firm, at a deal valued at approximately $6.4bn, with IBM offering $35 per share.
Paystand, the global leader in blockchain-enabled B2B payments, has acquired Teampay, an industry-leading spend management software.

Paystand acquires Teampay to redefine B2B payments

Paystand, the global leader in blockchain-enabled B2B payments, has acquired Teampay, an industry-leading spend management software.

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